Care Sourcer lands £8.5m in largest Series A round for a Scottish digital tech firm
Care Sourcer, a care comparison and matching site, has closed an £8.5m funding round – the largest ever Series A funding round to be received by a digital tech company in Scotland.
Care Sourcer works by allowing anyone, from private individuals to GPs and social workers, to request care for older people on the website and then receive offers from local care providers within 48 hours. The purpose being to reduce NHS costs and waiting times, the Delayed Transfer of Care currently stands at over 150,000 days equating to a delay cost of £8m a day, as well as reduce stress and hassle for people going through the process of trying to find a carer.
The funds will be used to expand the area the company operates within, which is currently London, Edinburgh and Gloucester, as well as develop its technology and grow its workforce.
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