Posted on August 30, 2019 by staff

HealthTech firm Care Sourcer secures £1.5m government grant


Edinburgh HealthTech firm Care Sourcer has secured a £1.5m grant from Scottish Enterprise.

The start-up, founded in 2016, provides a tech platform to match care seekers with care providers and works with a number of NHS trusts.

CEO and co-founder Andrew Parfery, who set up the firm with Andrew McGingley, believes that Care Sourcer can be the ‘Rightmove’ of care.

“As we look to further scale the business in the months and years ahead, the support from Scottish Enterprise will enable us to grow the team to keep apace with our strategic growth plans,” he said.

“We are building a fantastic team at Care Sourcer and we’re excited at the prospect of even more talented people joining the fold as we look to fix the broken care system in this country.”

The firm has already raised £8.5m from Legal & General and ADV – it brings the total raised via grants and funding to £11.9m.

“Care Sourcer’s online comparison and matching site is directly connecting people with businesses who can help,” continued Parfery.

“Our technology is proven to make a significant impact on the challenges in social care, and we look forward to more attention and investment in this critical topic.”

Michael Cannon, head of grants at Scottish Enterprise, added:“Care Sourcer is a fantastic example of an ambitious, growing Scottish technology company that’s making a real difference to the quality of people’s lives.

“With our support, Care Sourcer can significantly scale up and enable local individuals, families and communities to benefit from these new quality jobs being created.”