# Smart Reporting

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smart-reporting

- Industry: Healthcare IT
- Headquarters: Munich, Germany
- Website: www.smart-reporting.com/
- Total disclosed funding: $44M
- Latest round: Series C (Mar 28, 2024)
- Investors on record: 15

## About

Founded in 2014 and based in Munich, Germany, Smart Reporting GmbH develops software for the medical industry that enables physicians and radiologists to provide a structured medical reporting solution. In April 2024, Smart Reporting GmbH raised EUR 23 million in Series C funding led by TVM Capital Life Science, including Bayern Kapital. As of 2024, the company is led by its co-CEOs, Wieland Sommer, and Peter Vanovertveld. 

The company’s offerings are its primary products: SmartCreator, SmartReports, and SmartLibrary. SmartCreator serves as a tool for users to create templates that align with industry standards and best practices. SmartReports is a platform that assists healthcare professionals in generating reports by providing interfaces and real-time guidance. In addition, SmartLibrary offers a comprehensive collection of clinical templates based on insights from key opinion leaders and medical societies. The company partners with Agfa, Carestream, GE Healthcare, Medavis, Mesalvo, Cobra Software AG, and others.

The organization plans to use the April 2024 funding to increase international collaborations and product development to boost its market share in the US, Canada, Australia, and New Zealand.

## Funding rounds

- Series C, Mar 28, 2024, $25M — TVM Capital Life Science, Bayern Kapital, Yabeo Capital, Wessel Management, Crista Galli Ventures, P.A.C Pallas-Athene-Consulting GmbH & Co.KG, rf-ventures GmbH & Co. KG, Sperber Industries GmbH, NICCA GmbH, Tolind Vermögensverwaltungs-GmbH, Tranquilitati Healthcare GmbH, WCap GmbH, GVC Gesellschaft für Venture Capital Beteiligungen mbH
- Series B, Mar 12, 2020, $17M — Yabeo Capital, Wessel Management
- Series A, Apr 11, 2017, $2.6M — Investitions- und Strukturbank Rheinland-Pfalz, Cascara Ventures

## Investors

- Investitions- und Strukturbank Rheinland-Pfalz (https://capitalatlas.ai/funds/investitions-und-strukturbank-rheinland-pfalz) — Series A
- Cascara Ventures (https://capitalatlas.ai/funds/cascara-ventures) — Series A
- Yabeo Capital (https://capitalatlas.ai/funds/yabeo-capital) — Series B, Series C
- Wessel Management (https://capitalatlas.ai/funds/wessel-management) — Series B, Series C
- TVM Capital Life Science (https://capitalatlas.ai/funds/tvm-capital-life-science) — Series C
- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Series C
- Crista Galli Ventures (https://capitalatlas.ai/funds/crista-galli-ventures) — Series C
- P.A.C Pallas-Athene-Consulting GmbH & Co.KG — Series C
- rf-ventures GmbH & Co. KG — Series C
- Sperber Industries GmbH — Series C
- NICCA GmbH — Series C
- Tolind Vermögensverwaltungs-GmbH — Series C
- Tranquilitati Healthcare GmbH — Series C
- WCap GmbH — Series C
- GVC Gesellschaft für Venture Capital Beteiligungen mbH — Series C