Finance

Visionable gets $5.5m in funding and Verizon partnership

Published by
Tom Kilkelly

Kent-based UK health tech company, Visionable, has secured $5.5 million in funding to bolster its expansive efforts in the US.

The funding follows the company's achievements in the NHS and national prison service and has been further fortified through a strategic partnership with the telecommunications company, Verizon.

With this partnership Visionable’s technology is supported by 5G connectivity from Verizon Business. Verizon will also get access to the video platform from Visionable, which means their collaboration will open up a number of possibilities with potential US customers.

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Scott Lawrence, Vice President of Verizon Business EMEA, said: “Technologies such as private 5G, have the potential to shift the landscape around how healthcare is delivered; empowering professionals, sharing intelligence and improving the quality of care they provide.

''This initiative with Visionable provides a secure single infrastructure on which healthcare providers can collaborate to help diagnose conditions and share medical intelligence, all within a secure and compliant environment.” 

Further opportunities are on the horizon to expand beyond health and into more front-line services such as fire, police and ambulance as Visionable grows.

Alan Lowe, CEO and Co-Founder of Visionable said: “This is a really exiting next step in our journey in assisting in the large-scale transformation of healthcare.

''The future of healthcare calls for a hybrid of digital and face-to-face care and successful cutting edge virtual healthcare systems need a secure, next-generation platform with fast, reliable connectivity.

''Together, Verizon and Visionable provide just this with the aim to improve outcomes for patients, provide better care and save money.”

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Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022. During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan). His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.

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