Log my Care, a London, UK-based company whose software platform enables care homes and social care organizations to "go digital," raised £3.25 million in funding.
The round was led by Mercia, with participation from Oxford Capital, and joined by angel investors Alexander Limpert, Matthew Westerman, and Steven Meersman.
This funding will enable Log my Care to strengthen its foothold in the UK market, enhance the platform further, and explore new opportunities internationally in line with its mission to become the world's leading digital care management platform.
Log my Care enables careers in any setting to replace paperwork, easily find patient records, and save time through the use of a mobile app. The platform, which saves careers up to an hour per shift, harnesses data to create personalized care plans and helps organizations improve how they run.
Log my Care has been rapidly growing its client base, has increased monthly recurring revenue by almost 300% in the past 12 months, and has increased its staff numbers from 6 to 24.
It was founded by former University of Oxford students Sam Hussain and Adam Hurst with the aim of making technology accessible to everybody in social care. Sam previously worked for a Singapore-based care management platform and felt he could bring consumer-quality software to the care sector at an affordable price.
Log my Care is the only UK product of its type that offers a freemium model. It is now used by over 800 care providers of all sizes, supporting 10,000 people each week.
Company: LMC Software Ltd.
Funding Month: November 2022
Lead Investors: Mercia
Additional Investors: Oxford Capital, Alexander Limpert, Matthew Westerman, and Steven Meersman
Company Website: https://www.logmycare.co.uk/
Software Category: Care Management Platform
About the Company: Founded in 2017 by Sam Hussain and Adam Hurst in response to the growing pressure on the UK care sector, Log my Care is the platform for outstanding care management. It gathers insights to help care providers allocate resources and speed up day-to-day tasks, so they can focus more on delivering person-centered care. Log my Care's starter plan is free to use, making it the only free care management platform on the market. Easy and intuitive, it can be used in any setting without the need for extensive training. Designed alongside support workers and service users, it's the platform of choice for enriching the lives of everyone in care.
Source: Log my Care