UK-based Scan.com raises €10.9M to make medical imaging accessible to everyone

Scan.com Workforce | Picture credit score: Scan.com

London-based Scan.com, a healthcare referral and digital platform for reserving and receiving medical scan outcomes (corresponding to MRI or CT), introduced on Monday that it has raised $12M (roughly €10.92M) in a Collection A spherical of funding.

The spherical was co-led by Aviva Ventures, YZR Capital, Oxford Capital, Triple Level Ventures, and Simplyhealth Ventures, with participation from Forefront Enterprise Companions. 

Most necessary HR developments of 2023

HR has numerous challenges to face in 2023. Discover out what they’re and tips on how to cope with…Present Extra

HR has numerous challenges to face in 2023. Discover out what they’re and tips on how to cope with them. Present Much less

Rupert Novis, Director of Simplyhealth Ventures, says, “Our increasing partnership with Scan.com will permit our clients to guide MRI, CT, X-ray and Ultrasound scans on-line in minutes, with out a referral from a GP.”

“Scan.com’s purpose of constructing reserving a diagnostic scan as straightforward as reserving a resort room aligns completely with our goal of enhancing entry to healthcare for everybody within the UK,” provides Novis.

Making medical imaging accessible to everyon

In 2017, Dr Khalid Latief, Mark Nissim, Charlie Bullock, Oliver Knight, and Joe Daniels of the UK based and launched Scan.com, a web based referral service that hyperlinks individuals to reliable scan centres round them.

Scan.com goals to make medical imaging out there to everybody. It gives an appointment reserving engine for sufferers, a gateway for referring docs, and an API for digital well being companions throughout the UK and the US.

The corporate is poised to be the worldwide interface for diagnostic imaging, offering imaging to sufferers and suppliers from a single supply. 

It claims to simplify imaging from begin to end, reducing ready instances and growing affected person care outcomes with findings despatched in as little as per week.

The corporate raised $2M in a Seed spherical in 2021 co-led by Oxford Capital and YZR, and supported by angel traders corresponding to Tom Blomfield (ex-Monzo) and Evelyn Bourke (ex-BUPA).

The corporate claims that its workforce has grown to 30 individuals all through the UK and the US, due to a second $2.2M extension led by Triple Level Ventures in 2022.

Capital utilisation

Scan.com says it can use the funds to scale its US operations and develop bespoke merchandise for UK insurers, accelerating healthcare referral processes to ship life-saving imaging entry and faster outcomes for sufferers.

Within the US, the corporate will develop into 5 extra US states and safe enterprise contracts with payers and digital well being platforms.

This improvement follows a pilot in Atlanta, Georgia, the place Scan.com has created a community of over 50 imaging areas and scaled as much as $1M in annualised income within the first 5 weeks after beginning within the US in February 2023. 

This funding may even assist Scan.com in product developments and integrations, enabling it to turn out to be a outstanding healthtech infrastructure provider, significantly within the non-public medical insurance coverage vertical.

Charlie Bullock says, “The capital will likely be used to proceed to enhance entry to diagnostic imaging and medical screening exams, by our consumer-facing market and API.”

“This spherical wouldn’t have been potential with out the unbelievable effort and tenacity proven by our whole workforce, who’ve constructed at such a quick tempo in what’s historically a really slow-moving trade.”