Shoreditch healthtech firm raises $8.3m in Series A funding for international expansion

Shoreditch-based healthtech firm has announced it has closed a $8.3m Series A round led by Smedvig Capital.

Heydoc specialises in medical administration systems aiming to solve workflow issues for clinicians.

This brings the total  amount raised  to date  by  Heydoc  to $12m.  

The new funding will be used for further expansion in the UK healthcare market and to expand its product offering to its existing and new clients.

The raise will also allow Heydoc to expand internationally. The raise is intended to be used to grow the team which stands at 30 employees.

Christoph  Lippuner, co-founder & CEO at  Heydoc, commented:  “We’re very excited to have Smedvig Capital as a partner in this new chapter of our adventure. This new raise will help us accelerate our growth in the UK, focus on our product and expand its capabilities, as well as go after international markets.

“Innovating and contributing to a transforming healthcare industry, profoundly impacted by regulatory changes, new patient expectations and a global pandemic, is both fascinating and rewarding. There is so much to be done in this industry and Heydoc is barely scratching the surface.”

Jon Lerner, managing director at Smedvig Capital,  added:  “We are delighted to invest in Heydoc and partner with Christoph and Mikael. Heydoc has grown rapidly and proven that its platform can dramatically improve the way clinicians work and the quality of patient interaction.

“The company has a strong mission-based culture and a huge opportunity in front of them to be part of the future of healthcare. We’re looking forward to supporting them in achieving this goal.”

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