The Bayes Entrepreneurship Fund (BEF) is pleased to announce an investment in Carradale Futures. Carradale’s SOPHIA platform supports healthcare providers to protocolise care by enabling them to embed within their organisations a library of digitised, optimised standard operating procedures (“SOPs”). Unlike policies, which are typically relatively high-level statements of intent, SOPs provide a set of clear, step by step instructions which promote consistent and uniform delivery of care across an organisation and/or care pathway.
Carradale founders Matt Gee and Jake Arnold-Forster have extensive backgrounds in health tech and healthcare improvements and identified a need for healthcare organisations to tackle unwarranted variations in processes, thus reducing clinical risk and waste of clinician time.
As much as 50% of adverse events taking place in healthcare systems may be preventable and numerous studies confirm medical errors as a leading cause of death in the U.S. Where human errors are made, these are to a high degree influenced by the working environment and its processes. Most ‘person centred failures’ can be traced back to systemic failures. These systemic failures are often exacerbated by the introduction of new technologies and the unseen impact they have on historical ways of working.
The SOPHIA SaaS platform provides a simple, dynamic solution which enables hospitals, mental health trusts, GPs and other healthcare provider to transform the governance of their organisation by digitising thousands of human tasks.
Providers of care can swap out inflexible, outdated and untrackable PDFs with SOPHIA’s rapidly growing global ‘library’ of thousands of digital processes, supported by Carradale’s process experts and communities of clinical and administrative practitioners. The library already utilises machine learning for SOP improvement and Carradale will soon enable auto-creation of digital processes using generative AI tools. SOPHIA also supports other health technologies to maximise their impact by making the human tasks related to those technologies transparent, auditable and available to regulators.
The investment from BEF will allow the team to extend their sales and marketing capacity, focus on converting their impressive pipeline and continue to expand their SOP Academy, developing course content and growing its customer base.
This is the third investment from BEF’s new £15m LLP.
Jake Arnold-Forster Co-Founder commented: “We are delighted to be working with the Bayes team to help realise the potential of SOPHIA to use its unique dataset to measurably and sustainably tackle growing waste, avoidable harm and clinician burn out in healthcare.”