Foresight will inject £ 3.5m into the IMMJ system to accelerate growth
- £ 3.5m investment from Foresight VCT and Foresight 4 VCT
- IMMJ Systems is an innovative electronic document management solution for the healthcare sector that serves NHS trusts and private providers.
- Funding will accelerate the rollout of our market-leading product, MediViewer.
London, January 11, 2021: Foresight Group LLP (“Foresight”), a leading independent infrastructure and private equity investment manager, has announced a £ 3.5 million growth capital investment in IMMJ Systems Limited (“IMMJ” or “Company”). IMMJ is a fast-growing electronic document management solution (“EDMS”) supplier with a focus on health care.
Founded in 2015, IMMJ was developed by a team of experienced enterprise IT and NHS technology distribution teams. This key EDMS addresses critical challenges for healthcare providers, digitizes patient records, and provides clinical caregivers with a single, easy access interface. MediViewer is highly intuitive, secure, quick to implement, works seamlessly with other software systems, achieves high user adoption and provides strong customer traction.
MediViewer is an important component in the delivery of paperless NHS. This innovative technology leads to improved treatment and more accurate diagnosis at the Point of Care. IMMJ reduces the overall cost of NHS trusts and reduces paper usage in management, storage, and hospitals. Foresight is committed to working towards a smarter future by supporting SMEs with sustainable social influence.
Foresight’s investment will enable IMMJ to grow its business through new adoption of key features such as operations, technology and account management, and support the expansion of MediViewer deployment. The company is rapidly establishing itself as an EDMS market leader in UK healthcare and plans to expand into the international market.
Comments on investment, CEO of IMMJ Systems, Michael van de Weg, Said:
“We are excited about this investment from Foresight. It is an opportunity to grow the products and features that Foresight offers and expand our products to more healthcare providers. Foresight is in support of our software business. With a good track record, we are committed to growing UK growth companies and becoming market leaders.“
Foresight Investment Manager, Lindsay Duebendorfer, add to:
“”IMMJ is an ambitious company that builds technically advanced yet user-friendly products and is highly regarded by NHS customers. It’s clear that MediViewer is in a good position to address the major challenges in healthcare digitization. “
Graham Ridgway, Chairman of IMMJ Systems, add to:
“”I am very pleased to be able to support the IMMJ team as a part-time chairman. In his previous role as CEO of Wellbeing Software, he led growth strategies and more than tripled the value of his business. IMMJ is already a major driver in the healthcare market and we look forward to management accelerating the company’s growth. “
IMMJ System Advisor:
Legal adviser: Fladgate
Business Advisor: ScaleUp Group
Regal DD: Shoe Smith
Financial DD: Crowe UK
Management DD: Catalysis
Commercial DD: RPL Advisory
Technology DD: Cloud Origin
For more information, please contact:
Citigate (PR to Foresight):
Patricia de Bidegain: [email protected] / +44 (0) 7921 353 825
Will Easton: [email protected] / +44 (0) 7860 753146
Notes to editors
About Foresight Group LLP (“Foresight”):
Foresight is an independent infrastructure and private equity investment manager who has managed investment funds on behalf of institutional investors and individual clients for over 35 years.
Foresight has approximately £ 6.8 billion in assets under management in many funds, including listed vehicles, limited partnerships, enterprise investment schemes (EIS), venture capital trusts (VCTs), inheritance tax solutions using business relief (BR), and open funds. I have it. Ended Investment Company (OEIC).
Foresight’s private equity team of more than 30 investment professionals manages more than £ 600 million in a portfolio of more than 100 companies and through a growing regional office network, four: venture, impact, growth and exchange capital. We are pursuing individual complementary investment styles.
Foresight was an award-winning finalist in the Best Venture Capital Trust Provider category of the 2020 Investment Life & Pensions Moneyfacts Awards. Foresight was named “Fund Manager of the Year” at last year’s PLC Awards, “Generalist VCT of the Year” at the Investment Week Tax Efficiency Awards 2018/19, and was named a finalist at the 2018 Unquote British Private Equity Awards as Venture and Growth. Capital House of the Year.
Foresight’s largest offices are in London, UK regional offices are in Edinburgh, Manchester, Nottingham, Milton Keynes, Leicester, Cambridge and Garnsey, and international offices are in Sydney, Rome, Madrid and Luxemburg.
About IMMJ system
Through its flagship product, MediViewer, IMMJ Systems accelerates clinical content for use in Point of Care through an electronic document management solution specifically built for healthcare providers and designed to meet the needs of healthcare professionals. Enables digitization. IMMJ Systems provides end-to-end solutions that optimize every aspect of the digitization of clinical content. IMMJ Systems and MediViewer provide intuitive, simple and secure access to patient paper records and digitize the process to significantly improve the quality of patient care while being operational and cost effective. It brings benefits to customers in terms of.
IMMJ Systems Secures £ 3.5m of Series A Investment from Foresight Group – UK Tech Investment News
Source link IMMJ Systems Secures £ 3.5m of Series A Investment from Foresight Group – UK Tech Investment News