British technology start-up Visionable (billed as the ‘Zoom for medics’) is mulling a fundraising of up to £100m to support growth in UK and overseas
Signed up: ITV’s This Morning doctor Zoe Williams is an adviser to Visionable
A British technology start-up billed as the ‘Zoom for medics’ is mulling a fundraising of up to £100million to help support growth in the UK and overseas.
Visionable, chaired and co-founded by former NHS England board member Lord Victor Adebowale, has grown to 70 people since launching in 2015. Its advisers include Zoe Williams, resident doctor on ITV’s This Morning programme.
The company has already raised around £15million to support its rapid growth. It is believed to be drawing up plans to raise between £50million and £100million over the next 12 months. That would place it on a forward valuation of £1.5billion.
Visionable is used by the NHS and also recently signed up Bupa. It is also in talks with Boots and is in discussions with Verizon over possible use in a 5G health hub.
City sources said the Covid-19 crisis has highlighted potential bottlenecks in care and accelerated the need for more efficient communications between doctors – and also with their patients.
The Visionable system, which has already been used to treat 4,000 stroke patients, uses patented technology and offers multi-screen links. It also links to phones, webcams, CCTV and medical cameras, and can stream patients’ data.