Medwise.ai secures £1m in seed funding led by Finance Yorkshire to scale operations.
Finance Yorkshire led the round with support from health-tech investors and deep-tech funds.
Medwise.ai operates a search platform designed for medical professionals and healthcare organisations. The technology aims to reduce the time clinicians spend searching for information during consultations.
Medwise.ai has secured £1m in a seed funding round led by Finance Yorkshire. The investment includes participation from StartUp Health, CalmStorm, and Deeptech Labs, alongside clinician backers and previous investor SFC Capital.
The digital health firm will direct the capital towards scaling its operations and enhancing its sales and marketing reach across the UK.
Stephen Cardwell of Finance Yorkshire is set to join the company board following the transaction.
From the founder
"I am thrilled to have secured our seed funding and excited to accelerate our mission to empower clinicians with AI and search technologies."
Keith Tsui
Chief Executive at Medwise.ai
Investor perspective
"Medwise.ai will empower clinicians to be more efficient, make better decisions and spend more time with their patients. We are pleased to lead this funding round and look forward to working with the Medwise.ai team as they scale up their operations and provide a further boost to the burgeoning healthcare technology sector in our region."
Alex McWhirter
CEO, Finance Yorkshire
Use of funds
- 01Scale operations
- 02Invest in sales and marketing
Investors
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About the company
Medwise.ai
Medwise.ai provides an AI search platform for medical professionals to find clinical information quickly.