Radar Healthcare secures £9m from 24Haymarket to drive product development and international expansion
The funding round was led by 24Haymarket and will support product development and customer support.
Radar Healthcare provides safety and compliance software for health and social care organisations. The platform helps frontline and operational staff manage risk, quality and regulatory standards.
Smartgate Solutions, trading as Radar Healthcare, has secured £9m in a seed funding round led by 24Haymarket. The business will allocate the capital towards product development, customer support scaling and innovation initiatives. This financing brings 24Haymarket to a majority ownership stake in the firm following previous backing since 2017.
From the founder
"We are proud of what we’ve achieved so far in just a few years – we’re already the market leader. We have partnered with a variety of NHS trusts and care providers, including supporting Milton Keynes University Hospitals NHS Trust to become the first trust to roll out the new NHS Learn from Patient Safety Events. This will record patient incidents so the data can be used to improve patient safety across the whole healthcare industry. Our platform frees up healthcare providers to focus on caring, not paperwork – enabling a proactive approach to patient and resident care."
Paul Johnson
CEO at Radar Healthcare
Investor perspective
"Radar Healthcare has consistently delivered since we first invested five years ago, so leading this round of investment was an easy decision for us to make."
Stuart Fletcher
Investor Director, 24Haymarket
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
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About the company
Radar Healthcare
Safety and compliance technology provider for health and social care organisations.