# Ingenica Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ingenica-solutions

- Industry: Healthcare IT
- Headquarters: Hampshire, UK
- Website: www.ingenicasolutions.co.uk
- Total disclosed funding: $5.2M
- Latest round: Series A (Nov 5, 2018)
- Investors on record: 1

## About

Ingenica Solutions Limited is a healthcare resource management company focused on enhancing operational efficiency within the NHS and healthcare sectors through innovative inventory management solutions.Founded in 2012 in Hampshire, UK, Ingenica Solutions Limited provides specialized resource management solutions for healthcare. The company underwent transformation to enhance its offerings and secured Series A funding of GBP 4 million from CJM Ventures in November 2018, bringing its total raised capital to GBP 4 million and a current valuation of GBP 17.81 million.Ingenica Solutions specializes in providing comprehensive healthcare resource management solutions aimed at enhancing back office efficiency within the NHS and other healthcare sectors. Their flagship product, Ingenica 360, is a pioneering inventory management system designed to improve visibility and control over medical device inventory, thereby reducing costs and enhancing patient safety. This solution is particularly targeted at healthcare providers, including NHS trusts and community health centers, and facilitates the effective management of high-risk medical devices through barcode scanning technology. Ingenica Solutions also offers an innovative app designed for managing hospital loan kits, which streamlines processes and reallocates clinical resources towards patient care. The company serves a diverse client base across various geographical markets, including the United Kingdom and select international regions, with deployments reported in 16 countries.Ingenica Solutions operates on a business-to-business model, primarily engaging directly with healthcare organizations such as NHS trusts and medical technology companies. Revenue is generated through the sale of their flagship products, including the Ingenica 360 inventory management system and associated services. The company structures its transactions through partnerships and subscription models, allowing clients to access ongoing support and software updates. Specific pricing plans for these services are not disclosed, but the company focuses on providing value through significant cost savings and improved operational efficiency. Additionally, Ingenica Solutions has been recognized for its contributions to healthcare efficiency, highlighting the potential for substantial return on investment for its clients.Ingenica Solutions plans to utilize its recent Series A funding of GBP 4 million to enhance product offerings and expand into new markets. The company is currently developing new features for the Ingenica 360 system and anticipates a release in early 2024. Targeted expansions into other European healthcare markets are planned for 2024, aimed at increasing its footprint beyond the UK. The funding will also support the development of marketing strategies to reach additional clients in these new regions.

## Funding rounds

- Series A, Nov 5, 2018, $5.2M — CJM Ventures

## Investors

- CJM Ventures (https://capitalatlas.ai/funds/cjm-ventures) — Series A