24 November 2020
Maven Equity Finance NPIF invests alongside Catapult in digital healthcare consent platform Flynotes
A Manchester-based digital healthcare consent platform has secured funding from NPIF - Maven Equity Finance.
Flynotes is behind a platform which provides a digital alternative to the paper-based consent and disclosure process.
Having developed its product, the company is targeting markets across the UK, US, Canada, Australia and New Zealand.
It also agreed a commercial partnership agreement with Henry Schein, a global distributor of medical and dental supplies.
The funding from Maven and Catapult Ventures will allow Flynotes to invest in further product development and expand its sales team to support the planned expansion into new territories.
Chief executive Govin Murugachandran said: "These unprecedented times have highlighted the importance and need for Flynotes digital consent and communication platform in delivering care safely and efficiently.
"This investment marks an important milestone that will accelerate the next phase of growth and expansion."
Gavin Bell, investment manager at Maven, added: "Flynotes impressed us with their ambition and ability to innovate in a sector that needs low touch digital solutions now more than ever.
"We're delighted to be partnering with the team and Catapult Ventures to support the next stage of development."