Investment for Smart Reporting
Every year physicians compile about two billion patient reports – the majority written as free-text. The Munich-based startup “Smart Reporting” aims at revolutionizing medical reporting, offering clinicians specifically tailored decision trees, which help to automatically generate precise and structured report texts.
Together with their investors, the Investment and Economic Development Bank of Rhineland-Palatinate, the Sparkassen-Innovations-Beteiligungsfinanzierungsgesellschaft Rheinland-Pfalz and CASCARA ventures, and renown private investors, Smart Reporting is opening a new branch in the city of Kaiserslautern, which located nearby the strategic partner Empolis GmbH. The know-how of the private investors will be used to bring marketing and sales to, yet, another level.
Pilot projects have been initiated at university hospitals and hospitals run by private companies. The medium-sized private equity fund AFINUM, and Tilman Au from LOML Investment have been supporting Smart Reporting in the selection of the right group of investors.
Because of the high demand, there will be another round of selection and a second closing for investors in fall 2017.
Smart Reporting is a solution developed by practitioners, for practitioners applying their everyday experiences.