Perfect Ward secures £4m Series A investment from Octopus Investments to fund expansion
Octopus Investments led a £4m Series A funding round to support international expansion and product development at Perfect Ward.
Perfect Ward provides a digital quality inspection platform that helps health and social care organisations replace manual processes. The software is used across hospitals and care homes to track inspections and drive improvements in care quality.
Perfect Ward has secured £4m in a Series A funding round led by Octopus Investments. The capital will be deployed to accelerate product development and expand the company footprint across core territories and international markets.
The digital quality inspection platform combines clinical knowledge with mobile technology to help healthcare providers manage audits and action plans. Operating from offices in London and Adelaide, the business serves clients across the UK, Australia, and South Africa.
Octopus Investments backs the venture through its Development Capital team, building on an existing relationship where care homes within Octopus Real Estate utilised the platform. The funding will support enhanced sales, marketing, and customer support activities.
From the founder
"Perfect Ward’s software platform empowers frontline care staff to own quality improvement."
Timothy Bolot
Founder and CEO at Perfect Ward
Investor perspective
"We’re delighted to be partnering with Perfect Ward. Their platform is well positioned to help healthcare organisations track, monitor, and document their inspections, in line with best-in-class practice guidelines, improving clinical safety. Octopus has a particularly good insight into the importance and potential for growth in this area, with care homes within Octopus Real Estate (part of the Octopus Group) having been a customer of Perfect Ward for the past eighteen months. Tim and his team have an impressive track record, with deep industry experience and expertise to develop the right product for healthcare organisations. There is also a strong values alignment with Octopus, and we are excited to be supporting Perfect Ward in its commitment to delivering clinically safer inspections."
Richard Court
Head of Development Capital, Octopus Investments
Use of funds
- 01Invest in sales and marketing
- 02Expand into international markets
- 03Continue product development
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About the company
Perfect Ward
Perfect Ward provides a digital quality inspection platform for the health and social care sectors.