Remote appointment app GPDQ raises £2m
London and Birmingham-based HealthTech firm GDPDQ has raised £2m in a Series A funding round led by IW Capital.
GPDQ delivers CQC-certified primary healthcare services through its multi-channel doctor-on-demand service.
GPDQ was founded by third generation GP Dr Anshumen Bhagat in 2015.
It claims to be the most popular GP-on-demand service in the UK, having responded to the most call outs since launch, compared to other services.
The investment from private equity specialists IW Capital will be used to secure a leading position in the market working with the NHS, employers and insurers.
Specifically, by bolstering sales and account management, generating leads through increased marketing activity and the evolution of the technology platform.
The firm has set up dedicated Covid-19 visiting services in partnership with GP federations and clinical commissioning groups to support the most vulnerable patients at home.
Its remote services can be accessed by 6,500 NHS GP practices via the iPLATO platform, enabling portfolio GPs and doctors in self-isolation to continue to see patients on the front line.
Paul Roberts, CEO of GPDQ, said: “This £2m Series A investment will bolster GPDQ’s ability to deliver at scale as it supports the NHS, employers and insurers in getting the UK safely back to normality in the wake of Covid-19.
“Remobilising the workforce following lockdown will be an enormous challenge for all employers, and our market leading solution provides the necessary clinical guidance and support for them to do that. Meanwhile our community visiting services will ensure that those most at risk, including those in care homes are not left behind and forgotten.”
Luke Davis, chief executive of IW Capital, added: "We had an overwhelming demand from our investor base to support this GPDQ raise despite widespread economic uncertainty, and this demonstrates the value of private capital in ensuring that innovative SMEs can still access the funding they need to grow.