GP Service
Sector
Healthcare
Deal Type
Growth Capital
Initial Investment
May 2016
Transaction size
£2.5m
Location
London
Maven Office
London
About GP Service
The GP Service, a provider of online services for general medical consultations and prescriptions. GPS is led by experienced entrepreneur Atul Devani as Executive Chairman. Atul was the founder of United Clearing, which listed on AIM in 2004, before being sold in 2006 for £25 million. He then served as CEO of BSG’s wireless division prior to its trade sale to Syniverse Technologies for $290 million.
The online pharmacy and prescription market is a rapidly emerging sector in the UK, driven by an increase in average waiting times for GP appointments as well as surgery opening times being unsuitable for people’s busier lifestyles. The GPS web-based platform is already fully operational, with GP consultations being delivered live via video link direct, and prescriptions issued to a pharmacy of the registered user’s choice. With the service operating daily from 7am to 8pm, it provides the flexibility required by people who are currently unable to visit a doctor or obtain a prescription within traditional surgery opening hours.
I am delighted to have Maven on board as part of this exciting revolution in Healthcare. Whether you're a busy individual that needs to see a Doctor at a time convenient for you, or an employer offering the service as a benefit and avoiding the inconvenience of the need for staff to take a day off, we are able to provide a solution for you. In utilising the funds raised, GPS has planned a number of exciting, innovative products and services that we aim to launch into the marketplace.
Atul Devani, Executive Chairman of The GP Service
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