Healthcare app firm gets six-figure injection
A Glasgow-based healthcare data star t-up has secured a six-figure funding injection to support its growth plans.
Talking Medicines – founded by Jo Halliday, Scott Crae and Elizabeth Fairley – has agreed its first institutional investment as part of a new funding round worth £622,000.
Founded in 2013, the venture has developed and launched an app, called Medsmart, which can help patients better manage their medicines at home.
The latest funding round was led by SIS Ventures, and included investment from private investors and founders of the business, as well as the Scottish Investment Bank. It takes the amount raised by the company to £1.2 million for Medsmart over the past two years.
Halliday, who is the firm’s chief executive, said :“This latest investment round demonstrates the growing support around the vision of enriching the experience of patients and understanding how their medicines are being taken.”