Jenson Funding Partners, an early-stage venture capital firm, has successfully exited OneTouch, a digital health platform that allows home care providers to manage care delivery from a centralised app, following a significant investment from private equity firm August Equity.
August Equity specialises in service-oriented companies in high-growth sectors such as healthcare, education, business services and technology.
At the time of Jenson’s initial £150,000 investment, OneTouch had developed its cloud-based software platform but had not secured a significant amount of market share. Today, the firm is the market leader in Ireland and one of the top providers in the UK.
The investment from August Equity will be used by the firm to bolster growth, both organic and through the acquisition of complementary businesses. OneTouch recently completed its first acquisition, Tri.X, a company that provides online social care procedures for adults and children.