Other6 March 2023

Cognitant Group has secured a follow-on investment from Oxford Innovation and OION angels to expand its digital health platform.

Oxford Innovation and OION angels have backed Cognitant Group in a follow-on funding round.

£2Other

Share allotment filed at Companies House

Cognitant Group has built Healthinote, a smartphone platform that delivers personalised health information and digital services to patients and clinicians.

Cognitant Group has secured a follow-on investment from Oxford Innovation EIS Growth Fund and OION angel investors. The latest capital injection builds upon an initial funding round completed in 2021.

Established in 2018, the company operates Healthinote, a smartphone platform designed to deliver interactive health information and support patient engagement. The proceeds will be directed towards further developing the platform and servicing new international clients.

From the founder

"We are focused on making it easier for patients to understand their symptoms and management of their individual condition. This not only has a positive impact on their overall health, but it also allows them to successfully make decisions about their individual treatment plans in collaboration with their clinicians. Our partnerships with global pharmaceutical companies, the NHS and other healthcare providers, is making real and valuable changes to the way patients engage with and manage their health."

Tim Ringrose

CEO at Cognitant Group

Investor perspective

"Cognitant is transforming health information both in the UK and globally. Its production and distribution of immersive and interactive digital health information and services can have a positive impact on patient behaviour and treatment outcomes. Following our investment in the first funding round back in 2021, we have seen the company exceed their first-year growth expectations with several influential partnerships. Oxford Innovation Finance provides support to early-stage companies throughout their growth journey. As part of Cognitant’s latest funding round we have increased our investment to further develop its information platform and support new international clients."