INVESTMENT YEAR
2007
REALISATION YEAR
2010
SECTOR
Technology
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Developer of software for GP surgeries

ScriptSwitch (now Optum) is the leading provider of software designed to support GPs with patient safety information, drug switch recommendations and dosage optimisation information at the point of prescribing. It emerged from a small team working out of Warwick University who succeeded in turning their concept into a robust and scalable business. ScriptSwitch’s success in improving both patient safety and delivering cost-savings on prescribed drugs meant that it was used by more than 60% of UK Primary Care Organisations in 2010, a year in which annualised savings to the NHS exceeded £20 million.

We invested to support the growth of the business, which relied on a newer, more robust platform which would enable rapid expansion, as well as additions to the senior team to guide the growth of the company towards sustainable success.

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The right tools for growth

Talent
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We guided key appointments to the senior team made in the form of Financial Director, Sales Director and Chairman.

ScriptSwitch timeline

2001 ScriptSwitch founded
2003 Seed fund invests funding a two year prototyping and proving cycle
2005 Sings first major contracts
2007 Livingbridge invests
2009 Awarded the Queen’s Award for Enterprise in Innovation
2010 Livingbridge realises investment with sale to UnitedHealth UK

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