Smart Reporting Funding Round

4/17/2023

Debt

$16,432,000

Undisclosed

This fresh funding will help the Munich-based radiology and pathology software start-up to scale into new markets and further develop its software offering

Private & Independent

Healthcare IT

Gewürzmühlstraße 11
Munich, 80538
DE

Smart Reporting is a digital health start-up company based in Munich. It was founded by Prof. Dr. Wieland Sommer in 2015 as a spin-off company from the Ludwig-Maximilians University, Munich. Smart Reporting offers a digital health solution for structured medical reporting. Currently, more than 99% of medical reports are free-text. This poses severe problems to quality, reproducibility and efficiency in the healthcare system. Smart Reporting offers an intelligent software for physicians which improves quality and efficiency. The first platform was launched in radiology (www.smart-radiology.com) and supports radiologists in generating high-quality medical reports by applying guideline-compliant criteria in their reports. A template depicting the relevant criteria is filled in by the user; the corresponding report text is generated simultaneously. Additional information on the medical background is provided and all report data are stored in a highly granular database and can be fully anal