Funding

Signify Research funding news – UK-based Signify Research Secures £6Million in Funding

Oct 15, 2024 | By Startup Rise EU

Signify Research funding news - UK-based Signify Research Secures £6Million in Funding

BGF, the most active growth capital investor, has completed a £6 million investment into Signify Research, a specialist HealthTech market intelligence provider. The deal was led by Mark Nunny and Elena Kovalikhina, investors in BGF’s Central & East team.

SUMMARY

  • BGF, the most active growth capital investor, has completed a £6 million investment into Signify Research, a specialist HealthTech market intelligence provider.
  • Signify Research provides healthtech market intelligence powered by data that you can trust.

The multi-million investment aims to accelerate Signify Research’s growth and expand its market presence as a trusted supplier of high-quality research, consultancy and market intelligence to the global healthcare technology industry.

It’s in-house research team provide unrivalled subject matter expertise and data-driven insights across its key coverage areas of Medical Imaging, Clinical Care, Digital Health, Diagnostic and Lifesciences, Healthcare IT and AI in Healthcare, which business leaders use to guide strategic decision making.

The business will continue to be led by an experienced management team, including co-founders Steve Holloway (CEO) and Alex Green (COO). Alongside the investment, Signify Research’s leadership team has also been bolstered with the appointment of Gareth Miller as non-executive Chair, following an introduction from BGF’s Talent Network.

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Gareth was previously the CEO of BGF-backed Cornwall Insight, a leading provider of research, data and analysis to the energy sector, which was acquired by Bowmark Capital in 2022. Having successfully scaled Cornwall Insight through to exit and with a wealth of experience in driving long-term, sustainable growth in B2B services, Gareth will be supporting the Signify Research leadership team in executing the company’s ambitious growth strategy.

BGF’s investment in Signify Research is part of its ongoing commitment to supporting high-potential businesses across the UK and Ireland. With a portfolio of over 400 companies, BGF has a proven track record of helping businesses achieve their growth ambitions.

About Signify Research

Signify Research provides healthtech market intelligence powered by data that you can trust. They blend insights collected from in-depth interviews with technology vendors and healthcare professionals with sales data reported to us by leading vendors to provide a complete and balanced view of the market trends. Their coverage areas are Medical Imaging, Clinical Care, Digital Health, Diagnostic and Lifesciences, Healthcare IT and AI in Healthcare.

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