Dublin start-up swiftQueue raises investment funds of €550,000
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Pictured (L-R) are: William McNamara, Business Adviser, Bank of Ireland; Michael Moriarty, Manager of Financial & Enterprise Software HPSU, Enterprise Ireland; Dawn Walsh, Kernel Capital; and Brendan Casey, CEO swiftQueue
swiftQueue Technologies Limited (“swiftQueue”), a leading provider of healthcare appointment software in Ireland and the UK has raised €550,000 to expand into international markets and invest further in research and development.
The funding round comprises a €300,000 investment by Kernel Capital through the Bank of Ireland Seed and Early Stage Equity Fund, with the remainder provided by Enterprise Ireland.
swiftQueue has developed an innovative platform that enables patients of Hospitals and Clinics across the UK National Health Service (NHS) and Health Service Executive (HSE) in Ireland to book their appointments online, leading to significantly reduced waiting times and non-attendance rates.
Their highly scalable SaaS platform will deliver over a million online appointments this year for customers including Royal Free London NHS Trust; George Eliot Hospital NHS Trust, St. James’ Hospital and The Mater Misericordiae University Hospital.
swiftQueue will use this round of funding to drive growth in international markets and to fuel further investment in R&D. The Enterprise Ireland-supported company currently employs 10 people and is planning recruitment of key hires over the next twelve months to support these growth plans.
Commenting on the announcement, Brendan Casey, CEO, swiftQueue Technologies Limited said: “Increasing efforts to address the challenges in today’s healthcare systems have seen a greater emphasis on the use of technology to deliver integrated and efficient solutions that improve patient engagement. This investment from Kernel Capital and Enterprise Ireland will enable swiftQueue to expedite our growth plans and ensure our team deliver the solutions to meet and exceed these expectations.”
Enterprise Ireland’s Michael Moriarty, Manager of Financial & Enterprise Software High Potential Start-Ups, said: “It is fantastic to see the progress that swiftQueue has made through the creation and implementation of innovative technology. This investment will facilitate swiftQueue in further consolidating its presence in key export markets. swiftQueue is an excellent example of the progress that can be achieved when the ambitions and energy of a young company are harnessed and supported through our High Potential Start-Ups programme.”
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