Level39 member Draper & Dash secures £3 million in funding
15th January 2019
Level39 member Draper & Dash, AI Healthcare Data and Analytics firm, has raised £3 million in venture funding from Guinness’ EIS Funds.
The company’s SaaS-based analytics platform uses machine learning techniques to predict demand for hospitals and care providers to improve healthcare.
The new investment from Guinness Asset Management’s EIS Funds will allow Draper & Dash to continue to develop its product offering as well as grow its sales and marketing resource to expand its AI capabilities.
Orlando Agrippa, Founder and CEO of Draper & Dash, said “Our strategy continues to focus on real value creation with better outcomes for healthcare providers and their patients… I’m fortunate to lead a team of people who are all dedicated to advancing the capabilities of data analytics in healthcare and improving care delivery.”
Edward Guinness, Fund Manager at Guinness EIS Fund, commented “…Draper & Dash have an attractive proposition that should be in more hospitals and healthcare providers and we hope that our funding will allow the company to extend its reach.”
Previously Orlando Agrippa, CEO of D&D spoke to Health Tech Newspaper to give his views on the tech trends for 2019.