[January 2021]
IMMJ receives £3.5m investment to fund expansion
Electronic document management solution supplier, IMMJ Systems, has received £3.5 million growth capital investment from the Foresight Group.
The investment will enable IMMJ to scale the business through new hires in operations, technology and account management.
This in turn will help support and accelerate the expanded deployment of MediViewer – IMMJ’s electronic document management system – across the UK and international markets.
Michael van de Weg, CEO of IMMJ Systems, said: “We are excited by this investment from Foresight, the opportunity it will provide to grow our offerings and capabilities, enabling us to deploy our products with more healthcare providers.
“Foresight has an excellent track record in supporting software businesses and is committed to seeing UK growth companies thrive and become leaders in their markets.”
To help support the accelerated deployment of its solutions, IMMJ will use the investment to employ staff in a number of departments including operations, technology and account management.
Lindsay Duebendorfer, Investment Manager at Foresight, added: “IMMJ is an ambitious company that has built a technically advanced but user-friendly product and has a strong reputation among its NHS customers.
“It’s clear that MediViewer is well positioned to address key challenges in digitising healthcare.”
Richard Hall, CloudOrigin CEO, led the Technology and Operational Due Diligence for Foresight. “Terrific to work with Foresight team on yet another pioneering health tech investment, where MediViewer technology can bring huge efficiency and insight benefits to health practitioners in the NHS and further afield”.
For Foresight commentary on the deal [ Click here ]