a year ago

Medi2Data Secures £2.1 Million Funding for Medical Data Tech

  • Medi2Data, a Cardiff-based healthtech company, has secured £2.1 million in funding under the Enterprise Investment Scheme (EIS)

  • The company has developed a platform to simplify the process of transacting medical data quickly and securely, addressing the time-consuming and manual nature of the current system

  • Medi2Data's platform utilizes the same clinical coding structure as government healthcare platforms in the UK and other major markets, enabling faster, more structured, and accurate medical reporting

  • The funding will be used to expand the team and infrastructure to support the company's growth in the UK and internationally.

      • ProblemTechnology

      "Getting medical data for life insurance, clinical trials, personal injury cases, or military recruitment is a manual and time-consuming process, taking 850,000 days of GP surgery staff time and costing £180 million a year."

      Solution

      "Medi2Data has developed a platform that simplifies the process of transacting medical data quickly and securely. Their platform is built on the same clinical coding structure used by government healthcare platforms in the UK and other major markets. The platform automatically redacts non-requested data, maintaining patient privacy, and produces faster, more structured, targeted, and accurate medical reports."

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