Accurx

Accurx

Where patients and healthcare teams communicate. Simple and easy-to-use, Accurx’s software helps everyone involved in a patient’s care to communicate.

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DateInvestorsAmountRound
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£27.5m

Series B
Total Funding000k

Financials

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Revenues, earnings & profits over time
GBP202120222023
Revenues000000000000
% growth-95 %34 %
EBITDA000000000000
% EBITDA margin(50 %)7 %-
Profit000000000000
% profit margin(49 %)7 %(10 %)
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000
R&D % of revenue-2 %-

Source: Company filings or news article

More about Accurx
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Accurx is a technology startup that operates within the healthcare sector, specifically serving the UK's National Health Service (NHS). The company has developed a unified communication platform that facilitates efficient interaction among healthcare professionals involved in patient care. This platform addresses the communication challenges posed by outdated systems and isolated communication channels that have traditionally been used in the NHS.

Accurx's platform is highly valued by its users, with two-thirds of General Practitioners (GPs) considering it a critical tool for their practice. The platform has significantly improved the way medical practitioners communicate with their patients, making the process quicker and more efficient. It has gained widespread adoption, with over 350,000 NHS users and support for over 54 million patients.

The company's business model is likely based on a software-as-a-service (SaaS) model, where users pay a subscription fee to access the platform. This model provides a steady stream of recurring revenue for the company. Accurx's platform has proven to be a valuable tool in managing the COVID-19 pandemic, with 30 million vaccine appointments booked through the platform. It has also helped reduce patient waiting lists by 10%.

Accurx has been recognized for its contribution to improving healthcare communication, winning the Best Solution Improvement award at the HTN's 2022 awards.

Keywords: Healthcare, Communication, NHS, Technology, SaaS, Patient Care, General Practitioners, COVID-19, Vaccination, Awards.

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