Allocate - Hg

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Year invested

2014

Country

UK



Allocate’s mission is to create a global leader in SaaS healthcare management software, delivering enhanced value for healthcare systems through significant savings and improved outcomes. The business is the leading international provider in this sector, scheduling over 1 million clinicians per day for over 700 customers in 11 countries and fundamentally enables the effective and efficient deployment of a healthcare economy’s most scarce resource: its nurses and doctors. Hg first invested in Allocate in 2014 and has invested significantly to accelerate growth by investing in the product, doubling R&D headcount and has delivered an increase in recurring revenue from c. 50% to c. 80% today.

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