Amadeus and Archimedia pump £1.6m into Qinec

The web-based medical practice management business will use the new capital for development team expansion, particularly marketing and sales. Amadeus and Archimedia initially teamed up with Qinec in November 2011, but the bulk of the funding was done in November 2012 to complete the first round.

The backers sourced the deal through a personal network.

Company
Qinec is a cloud-based management platform for outpatient care, serving more than 1,000 clinicians with more than 1 million patients. The business caters to all classes including doctors, ophthalmologists and physiotherapists. Qinec currently has 100,000 patient records and, at the time of the investment, had signed on a blue-chip insurer and healthcare provider as a client. The business has distribution and licensing agreements internationally, including in the US.

The London-based business employs 28 people, including the management team. Products listed on the company's site are QinecTouch and QinecEnterprise.

People
Robbie Hughes is CEO of Qinec. John Hunt is founder and chairman of Archimedia, and Alex van Someren is managing partner of Amadeus Seed Fund.

Advisers
Equity (Amadeus) – Osborne Clarke (legal).
Equity (Archimedia) – Chadbourne & Parke (legal).
Management – Cannings Connolly (legal).

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• Topics
• UK / Ireland
• Early-stage
• Technology
• United Kingdom
• Osborne Clarke
• Amadeus Capital Partners Ltd