Log my Care – a London-based company whose software platform enables care homes and social care organisations to ‘go digital’ – has raised a further £3m funding from existing investor Mercia Ventures.

The latest investment will help it to establish itself as a leader in the learning disability sector and expand its presence in home care.

Log my Care enables carers to record patient notes, access medical records and receive prompts and reminders via a mobile app. The platform typically saves carers up to an hour per shift and enables them to create personalised care plans in a third of the time. It also helps care providers to improve efficiency, care quality and oversight.

Founded in 2017 by former University of Oxford engineering students Sam Hussain and Adam Hurst, Log my Care is one of the fastest-growing platforms of its type and now supports over 1,300 care providers with around 20,000 patients. It is particularly popular with independent care providers and those in the learning disability sector.

The company, which now employs 35 staff, increased annual recurring revenue by around 80% in 2023 and has just broken through the £2m barrier. It is also about to launch a new GP Connect service that will integrate with the NHS and enable carers to access data from GP records. The funding will enable it to develop a rostering tool to help agencies to manage the complex staff schedules involved in providing home care visits. The latest funding round brings the total raised by the company to over £7m.

While many care providers still rely on paper records, the government is providing funding to encourage them to switch to digital social care records (DSCRs). Its £25m-a-year scheme has recently been extended until March 2026. Log my Care has been approved by the NHS as an assured supplier of DSCRs.

“By giving carers more time to spend with patients and access to better information, Log my Care helps improve the quality of care for those who need it most. The funding will enable us to continue scaling our business in the UK and extend the positive impact the system is making, by increasing the number of patients it looks after from 20,000 to over 100,000.”

Sam Hussain, CEO

“Care providers are recognising the need to move to digital technology, aided by government incentives. Log my Care really resonates with independent care homes as an easy to use product that improves efficiency at an affordable price. The company has been growing rapidly. This latest investment will enable it to further expand its market share and establish itself as the leading platform for care providers in the field of learning disabilities.”

Henry Hamilton of Mercia Ventures

ENDS

 

 About Mercia Ventures

Mercia Ventures is a proactive venture capital investor focused on being the first-choice partner for growth. Mercia Ventures makes equity investments of up to £10million across all sectors, with specialisms in Software, Consumer, Healthcare and Deep Tech.  

Mercia Ventures is a trading name of investment funds managed by Mercia Fund Management Limited and Mercia Regional Ventures Limited, part of the Mercia Asset Management PLC Group, and sits alongside the Group’s wider private equity, debt and proprietary balance sheet operations. The Group has 11 offices in the UK, and Mercia Ventures’ national footprint and 48 strong investment team draws on their experiences as founders, PhD scientists, software engineers, corporate financiers and management consultants to help our partner companies successfully achieve their ambitions. As at 30 September 2023, Mercia Asset Management PLC has c.£1.5billion of assets under management. Mercia Asset Management PLC is quoted on AIM with the epic “MERC”.

The Group raises its own Venture Capital Trusts (VCTs) and Enterprise Investment Scheme (EIS) Funds, and details about open offers can be found through Mercia’s website.

Mercia Asset Management PLC is quoted on AIM with the epic “MERC” and includes the following wholly owned subsidiaries –

• Mercia Fund Management Limited is authorised and regulated by the FCA under firm reference number 524856
• Mercia Regional Ventures Limited is authorised and regulated by the FCA under firm reference number 183363
• Mercia Business Loans Limited is authorised and regulated by the FCA under firm reference number 443560
• Frontier Development Capital Limited is authorised and regulated by the FCA under firm reference number 829697

www.mercia.co.uk