£500,000 raised by Edinburgh-based Care Sourcer

care sourcer

Edinburgh-based Care Sourcer, a platform that connects those seeking care with those providing it, has raised a Seed round of £500,000 from Accelerated Digital Ventures (ADV) and BGF Ventures.

Harry Briggs, partner at BGF Ventures, said: “We’re delighted to announce our first BGF Ventures investment in Scotland, and we’re excited to help Care Sourcer address the urgent and growing challenge of matching care seekers to the right available care quickly and transparently.”

Commenting to Tech City NewsCare Sourcer CEO Andrew McGinley said he is “very proud” to have secured this investment and said he feels it validates his firm’s potential.

Having previously worked in the care-at-home industry, McGinley found the process of securing care “completely inefficient” in that those seeking care had to call around providers until they found one that was available.

This is where McGinley got the idea for Care Sourcer, a platform where care seekers could complete an online form explaining their needs, which would then enable care providers to contact the care seeker directly with availability.

“It means care can be arranged in a matter of hours, rather than days,” McGinley said.

The six people team is based in tech incubator and co-working space Codebase, and the firm generates revenue by charging care providers a commission for the successful placement of care seekers.

The platform initially launched in Edinburgh and the Lothians, before securing an NHS England contract and partnering with Imperial College London and NHS Gloucestershire. The platform is now used by carers in Birmingham, Edinburgh and the Lothians, Glasgow, Gloucester, London, Manchester, Newcastle, Nottingham and Southampton.

Commenting on the company’s plans for the funding, the CEO said: “We are looking to expand our technical and marketing teams. We are also going to grow our business in the English markets and expand out from our NHS contracts in London and Gloucestershire.”