Synthax, the AI-powered operating system for outpatient clinics, today announced it has closed a £500,000 funding round at a £6m pre-money valuation to accelerate adoption across the US and global healthcare market. The oversubscribed round, led by Fuel Ventures and including angel investors such as two US-based cardiologists, highlights strong confidence in Synthax’s mission to reduce the administrative burden on clinicians and level the playing field for outpatient clinics.
The funding comes at a critical time for the healthcare industry as clinicians are overloaded, with research showing physicians spend nearly half of their working day on electronic health records and desk work, leaving limited time for patients. Technology is outdated, with over 60% of US hospitals continuing to operate at least one critical application on legacy systems. UK clinicians face similar strain, with a study finding trainee doctors spent up to 73% of their time on non–patient facing tasks.
Founded by NHS doctor and CEO Dr. Shaheer Aslam Joiya and CTO Mark Murtagh, Synthax was created from frontline frustration with healthcare’s outdated systems. Its vision is to be the operating system for outpatient clinics, combining automation, AI decision support and real-time data insights to boost efficiency and patient outcomes.
Synthax enables clinics to automate clinical documentation to reduce admin burdens, surface patient records instantly for better decision-making, and improve revenue and operational performance through streamlined workflows.
The funding will be used to expand Synthax’s engineering team, fast-track product development, and scale commercial adoption across both US and UK markets.