London-based Log my Care secures €660K to digitalise social care #StartUps - The Entrepreneurial Way with A.I.

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Friday, August 7, 2020

London-based Log my Care secures €660K to digitalise social care #StartUps

Log my Care, the app-based software for managing social care delivery, has secured new early-stage funding from RYSE Asset Management, the digital health and medtech specialist investment firm, bringing its total raised to around €1.1 million. Log my Care was recognised for its social impact in care, a sector that is facing enormous challenges with an ageing population, financial constraints and now the COVID-19 crisis.

Founded in 2017, Log my Care’s cloud-based care planning software enables care homes to take all their admin and planning online. Its user base has doubled since the start of the year and the app is in use across hundreds of care services by thousands of carers, who in total have recorded nearly 30 million care logs. 

In response to the pandemic, the Log my Care team rapidly developed tools to support front-line workers in the social care sector. A real-time COVID-19 symptom tracking tool helps monitor and detect early symptoms, alerting Care Managers and displaying critical information on a simple dashboard. A track-and-trace tool enables users to create clusters of carers and service users that are easier to monitor. If a person starts showing Coronavirus symptoms, it is then easy to identify those most at risk and who need to be isolated and tested.

In a sector where 80% of care homes are still using paper records, Log my Care also enables Care Managers to keep track of what is happening in the care service remotely, which has become crucial for care staff who themselves have had to adapt to remote working conditions.  

The core system of Log my Care and the tools developed in response to COVID-19 are completely free to use for all registered UK care homes and care agencies. Two optional premium modules with enhanced features are available for a monthly subscription. 

Sam Hussain, founder of Log my Care, commented: “The social care sector was facing enormous pressures even before COVID-19 hit. It is also a sector that has been left behind when it comes to technology. The pressure was already there, but when COVID-19 hit, many care settings realised that they simply had to address their data systems. Again, and again, Care Managers on the front line have told us the most significant benefit of using Log my Care was the time saved on paperwork and administration, which has a big impact on costs as well as care quality. It is also clear that identifying COVID-19 cases early and reacting quickly is crucial in preventing further outbreaks, so we wanted to build tools that will help care settings do that at the earliest opportunity.

Log my Care is planning on using the new funds from investors including RYSE Asset Management to build more tools to help digitalise and streamline social care, as well as expand its user base to reach thousands of care services.   

Dr John Lee Allen, RYSE Asset Management LLP, commented: “We are delighted to be supporting the dedicated team at Log my Care in creating the future of distributed health and social care delivery. With a strong management team, and by empowering both staff and clients, this innovative company has delivered real value during the COVID-19 pandemic. 

“Log my Care responded to the COVID-19 pandemic by providing critical insights into how outbreaks can be managed by front line carers and care managers. The pandemic has taught us that the future model of health and care is decentralised and data driven – we are supporting Log my Care in delivering value and measurable social impact.



via https://www.AiUpNow.com/ by contact@bcurdy.com, Khareem Sudlow