HealthTech firm Visionable has announced it has raised £9.1m, following a 50 per cent oversubscribed funding round, valuing the company at £47.6m.

Visionable’s video collaboration tech is part of multiple clinician-led schemes across the country and is used by over 100 separate NHS organisations.

The firm has collaboration with the East of England to improve stroke treatment, which it said is estimated to have saved over 3,200 lives, and works with the North West London Cancer Network to bring together clinicians and pathologists in multi-disciplinary teams.

Over one million patients per year are having their treatment discussed or receiving their care quicker through the Visionable platform, it said, which is an average of 500 patients per hour.

The firm was founded by Alan Lowe, who previously led the Service Improvement Program for NHS Westminster, alongside Lord Victor Adebowale, CBE, a commercial and social entrepreneur.

Alan Lowe, CEO of Visionable, said: “This latest round of funding shows that investors are just as excited as we are about the possibility for Visionable to make a real difference to the healthcare industry in the next decade.

“With just limited funding so far, we have helped the NHS save both lives and thousands of pounds, so there is no limit on what we can continue to achieve”