Business Venture Partners (BVP) has invested €1million in Wellola to support the growth of its healthcare communications platform in Ireland, the UK and across Europe. The funding closely follows large NHS contracts secured by Wellola in England, including Leeds Teaching Hospital NHS Trust and Birmingham Community NHS Foundation Trust.
“BVP believes in digital tools to enhance patient care in healthcare, and we have been impressed by the interest in Wellola, from large healthcare providers in the UK,” said Elliott Griffin, BVP MD and founder.
Set up in Ireland in 2016,followed by a UK subsidiary three years later, Wellola solutions are also currently available to 170 nursing homes across Ireland through Nutricia Danone. The company believes only the sickest of the sick should be hospitalised and that the future of healthcare is preventative, community-based and supported by digital tools.
Sonia Neary, CEO and founder of Wellola, added: “Our vision is very much a European-wide one. We want to be Europe’s most accessible
portal. This investment gives us the ability to deepen our partnerships and broaden our commercial footprint. More importantly, it will place our solution in the hands of more patients who, we believe, should have access to and be able
to contribute to aspects of their healthcare record.”