3:28PM BST 15 May 2013
SmartWard, the winner of a Telegraph competition for innovative mobile apps, has been awarded £50,000 by Seedcamp, a leading technology venture capital fund.
The smartphone and tablet app is designed to improve care in hospitals by digitising patient notes and alerting staff when to administer medicines and check vital measurements. It aims to reduce human error by reducing the chance of notes being lost or tasks being forgotten on wards when shifts change.
The new funding will allow Dr Michelle Teo, co-founder and chief executive of SmartWard, who currently works on an NHS cancer ward in Nottingham. She will to relocate to London and take charge of development of the software full time at Google Campus, an office space in Shoreditch owned by the web search giant.
“It’s really exciting,” she said. “The next step is to get a beta version up and running in about three months then we have to find more funding.”
SmartWard is already in talks to trial its software at an NHS hospital in Leicester.
The concept for the software and the team behind it came together at a weekend hosted by Telegraph Media Group in November as part of the Silicon Valley Comes to the UK series of entrepreneurial events. SmartWard came out top in the competition and received help turning the idea into a business, as well as introductions to investment bankers that led to the Seedcamp funding.
Seedcamp is a European “accelerator” fund founded by the Index Venures partner Saul Klein that offers cash and intensive mentoring to early-stage technology start-ups. Its British successes include Crashpadder, which was acquired by the room rentals service Airbnb last year, and Mobclix, a mobile advertising start-up sold to Velti for more than $50m in 2010.
“SmartWardApp has the potential to revolutionise patient care in hospitals,” said Edward Roussel, Telegraph Media Group’s executive editor, digital.
“It’s been exciting to watch the idea incubate in the Telegraph’s offices and then mature in just six months into a business that has impressed investors of the calibre of Seedcamp.”