3 years ago

PhysioMedics Secures £1.5 Million to Expand its Online Triage Tool

  • PhysioMedics, a health tech company based in Edinburgh, Scotland, has secured £1.5 million in funding to expand its commercial operations for its muscle and joints online self-assessment tool, PhysioWizard

  • The funding came from business angel investment syndicate Archangels, economic development public body Scottish Enterprise, and Innovate UK

  • The company plans to use the capital to expand into European and Indian markets

  • PhysioMedics previously received a £250,000 seed investment from Archangels in 2017

  • The funding from Innovate UK was part of a wider £20 million package for more than 25 products and services aimed at supporting people as they age.

      • ProblemHealthcare

      "Accessing timely and appropriate care for muscle and joint pain can be challenging, leading to delays in treatment and potential complications."

      Solution

      "PhysioMedics offers a clinically validated online self-assessment tool that triages patients with muscle and joint pain, providing them with tailored advice and treatment recommendations, thereby improving access to care and reducing strain on healthcare systems."

      Covered on