Tech Company Financing Transactions
Smart Reporting Funding Round
Smart Reporting, based in Munich, raised $24.6 million in funding from TVM Capital.
Transaction Overview
Company Name
Announced On
4/22/2024
Transaction Type
Venture Equity
Amount
$24,600,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to expand international partnerships and product development and, in particular, to strengthen its market presence in the US, Canada, Australia and New Zealand.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Gewürzmühlstraße 11
Munich, 80538
DE
Munich, 80538
DE
Phone
Website
Email Address
Overview
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
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Wieland Sommer
Chief Technical Officer
Christian Odaker
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