Patients Know Best, a provider of digital personal health records, has secured new funding from Harbert European Growth Capital Fund II (“HEGCF II”) to support its business growth.
Dr Mohammad Al-Ubaydli, who founded the company in 2008, said: “This represents a new era for Patients Know Best. We have the best patient portal on the market and evidence from one of the most advanced and stringent healthcare systems in the world – the UK’s National Health Service – showing the success of our approach. We are delighted to be working with a partner of the calibre of Harbert. This investment will help us to go further, faster by expanding our team and developing our digital platform to transform global healthcare services at scale and pace.”
Harbert European Growth Capital provides of growth capital that invests in high-growth technology companies throughout Europe.
Patients Know Best (PKB) is used in more than 60 hospitals in the UK, the Netherlands and Germany. The aim of the investment is to accelerate revenue growth in the UK and overseas.
Fahad Khan, vice president Harbert European Growth Capital, said: “We are delighted to support one of the most disruptive solutions simplifying a complex healthcare industry. The growth potential of PKB is beyond any doubt, and we are very pleased to be part of its future and hope to bring our close relationships within the technology sector to the fore”.