Log my Care secures £596k seed investment led by RYSE Asset Management to expand social care software tools
The early-stage funding round was led by RYSE Asset Management and brings the company total to £1m.
Log my Care develops a software platform that allows care homes and social care organisations to digitise operations. The system helps carers manage patient notes and care plans through a mobile application.
Log my Care has secured £596k in seed funding led by digital health and MedTech specialist RYSE Asset Management. The capital will enable the social care technology platform to build additional tools for streamlining social care and expand its user base across care services. This fresh injection brings the total amount raised by the company to £1m.
Founded to address administrative burdens in the social care sector, Log my Care experienced significant user growth and developed real-time COVID-19 symptom tracking and track-and-trace tools in response to the pandemic. The core system remains free for UK care homes, supported by optional premium subscription modules.
From the founder
"The social care sector was facing enormous pressures even before COVID-19 hit. It is also a sector that has been left behind when it comes to technology. The pressure was already there, but when COVID-19 hit, many care settings realised that they simply had to address their data systems. Again, and again, Care Managers on the front line have told us the most significant benefit of using Log my Care was the time saved on paperwork and administration, which has a big impact on costs as well as care quality. It is also clear that identifying COVID-19 cases early and reacting quickly is crucial in preventing further outbreaks, so we wanted to build tools that will help care settings do that at the earliest opportunity."
Sam Hussain
CEO at Log my Care
Investor perspective
"We are delighted to be supporting the dedicated team at Log my Care in creating the future of distributed health and social care delivery. With a strong management team, and by empowering both staff and clients, this innovative company has delivered real value during the COVID-19 pandemic."
John Lee Allen
Dr, RYSE Asset Management
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Categories
About the company
Log my Care
Digital platform helping social care providers transition from paper records.