Exco InTouch Raises £3M from SEP
Exco InTouch, a UK provider of mobile patient communication and management solutions for the pharmaceutical and healthcare sector, has raised £3m in funding.
The round was led by Scottish Equity Partners, which has taken a minority stake in the company.
Exco InTouch intends to use the capital to invest in people, technology and infrastructure and to further enhance its mobile technology platform.
Founded in 2004 by CEO Tim Davis and CTO Mike Hansen, the company has developed a suite of patient-focused services that, delivered using a combination of cell-phone and internet technology, support Patient Recruitment, Retention, Compliance, electronic Patient Reported Outcomes (ePRO), eDiary and Post Marketing studies.
Exco InTouch is headed by Executive Chairman Neil Rotherham.
In conjunction with the funding, Jan Rutherford, a Partner at SEP, has joined the company as a non-executive director.