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September 27, 2022
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Care platform Lottie acquires Found for £1.5m

Care platform Lottie has acquired care home occupancy and customer relationship software Found in a £1.5m deal.

Shared exclusively with UKTN, Lottie’s platform is a residential care comparison site. Created in 2019 by Dan Morris, Found lets managers of care homes check bed numbers, manage enquiries and track sales.

Lottie plans to scale Found in the coming months.

Chris Donnelly, co-founder, Lottie said: “Using this software across care homes in the UK will undoubtedly improve the compliance, sales, and most importantly the standard of care provided, across the elderly care industry.”

Co-founders Chris and Will Donnelly came up with Lottie after an unhappy experience finding a care home for their grandmother.

In July Lottie raised £6m, giving the company a £45m valuation.

Data compiled by Found highlighted that 92% of care homes failed to follow up on enquires within 7 days. It was also found that 64% of digital enquiries were not replied to within 48 hours.

Donnelly added: “Care homes need a modern solution to cater for our ageing population: the right technology will ensure beds are filled, residents are cared for in the best way possible, and care home partners can track their occupancy levels.”

Previous backers of the care platform are General Catalyst, Airbnb and Zoopla chief executives as well as Monzo founder Tom Blomfield.

Launched last year, Lottie says it has more than 2000 vetted care homes on the website.

Patient management and clinic software Blue Zinc today announced that it was acquired by software provider ClearCourse.

The post Care platform Lottie acquires Found for £1.5m appeared first on UKTN | UK Tech News.

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