
At Carradale Futures we have developed and deployed a SaaS platform that aims to position us as a global leader in the move to standardise care delivery. Carradale’s SOPHIA SaaS platform empowers healthcare providers to standardise care by enabling them to embed digitised, optimised Standard Operating Processes (“SOPs”) within their organisation. Using SOPHIA, they improve performance as measured by clinical risk, efficiency, health inequalities, patient health outcomes, staff experience and waste Stand-out features of the business: Strong traction: SOPHIA SaaS deployments across the UK and Australia since March ’22 have generated in excess of £1m of revenue to date. Customers include West London Mental Health Trust, Essex Partnership University Trust, Ashford and St Peters Hospital, Barwon Health (Australia). Compelling solution to twin challenges facing healthcare systems globally, i. inefficient deployment of cash (wasted spend) and resources and ii. avoidably poor health outcomes: Carradale’s SaaS platform, SOPHIA, directly targets the unwarranted variation that is a significant factor in the 25%+ of waste that is a feature of the $8tr global healthcare services industry. This unwarranted variation is also a driver of the c.50% of adverse ‘events’ acknowledged to be avoidable as well as poorer than expected health outcomes for millions of patients worldwide. Exceptional founder-market fit: Our founding team’s commercial and relevant industry experience makes us exceptionally well placed to achieve our ambitions. Jake Arnold-Forster (exec Chair) was CEO of Dr Foster, the UK’s largest health informatics business, which sold to Telstra for $50m in 2015. Since then, Jake has been a serial chair and investor, including uMotif which raised $25m from Athyrium Capital in 2023 prior to its acquisition. I previously co-founded a boutique corporate finance business focused on healthtech space. Prior to this I founded and ran a fintech business business in Vietnam that was acquired by Bolttech. NED is Paul Scott, previously CFO at Cambridge University Hospital Foundation Trust and currently serves as CEO at Essex Partnership University Trust

At Carradale Futures we have developed and deployed a SaaS platform that aims to position us as a global leader in the move to standardise care delivery. Carradale’s SOPHIA SaaS platform empowers healthcare providers to standardise care by enabling them to embed digitised, optimised Standard Operating Processes (“SOPs”) within their organisation. Using SOPHIA, they improve performance as measured by clinical risk, efficiency, health inequalities, patient health outcomes, staff experience and waste Stand-out features of the business: Strong traction: SOPHIA SaaS deployments across the UK and Australia since March ’22 have generated in excess of £1m of revenue to date. Customers include West London Mental Health Trust, Essex Partnership University Trust, Ashford and St Peters Hospital, Barwon Health (Australia). Compelling solution to twin challenges facing healthcare systems globally, i. inefficient deployment of cash (wasted spend) and resources and ii. avoidably poor health outcomes: Carradale’s SaaS platform, SOPHIA, directly targets the unwarranted variation that is a significant factor in the 25%+ of waste that is a feature of the $8tr global healthcare services industry. This unwarranted variation is also a driver of the c.50% of adverse ‘events’ acknowledged to be avoidable as well as poorer than expected health outcomes for millions of patients worldwide. Exceptional founder-market fit: Our founding team’s commercial and relevant industry experience makes us exceptionally well placed to achieve our ambitions. Jake Arnold-Forster (exec Chair) was CEO of Dr Foster, the UK’s largest health informatics business, which sold to Telstra for $50m in 2015. Since then, Jake has been a serial chair and investor, including uMotif which raised $25m from Athyrium Capital in 2023 prior to its acquisition. I previously co-founded a boutique corporate finance business focused on healthtech space. Prior to this I founded and ran a fintech business business in Vietnam that was acquired by Bolttech. NED is Paul Scott, previously CFO at Cambridge University Hospital Foundation Trust and currently serves as CEO at Essex Partnership University Trust
Product: SOPHIA — SaaS platform for digitising and standardising SOPs and operational governance in healthcare
Founded: Established 2017 (advisory); SOPHIA development began 2020
Customers / Traction: Deployments across UK and Australia; reported >£1m revenue from deployments since March 2022
Headquarters: London
Team size (reported): 11 employees
Healthcare operational governance, clinical process standardisation, and reduction of unwarranted variation
2017
Healthtech / SaaS
Seed round closed Mar 4, 2023 (disclosed as last round)
2020 investment led by Qubiz Incubator SRL; entry into Westport Capital Partners family
2024 follow-on investment included Bayes Entrepreneurship Fund with participation from Qubiz