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MP’s ieso Digital Health visit is nod to venture capital success story





Lucy Frazer, the MP for South East Cambridgeshire and Secretary for Culture, Media and Sport, praised ieso Digital Health on a visit to the company’s premises at The Jeffreys Building on Cowley Road.

The purpose of the visit was to highlight success of the venture-backed innovative healthcare company developing AI-driven evidence-based mental health solutions, and its decade-long partnership with the NHS. The meeting was organised by the British Private Equity and Venture Capital Association (BVCA) to showcase the company’s cognitive behaviour tools ahead of its entry into the US market.

iseo Digital Health is based at The Jeffreys Building, Cowley Road
iseo Digital Health is based at The Jeffreys Building, Cowley Road

“It was a pleasure to visit ieso in my constituency, who specialise in delivering online cognitive behavioural therapy,” said Ms Frazer.

“ieso’s tools have the potential to transform the efficiency and quality of healthcare for many of my constituents and beyond. I am proud that South East Cambridgeshire is such a ripe investment environment, particularly for innovative companies, and this venture capital investment by BVCA members into ieso is yet another success story.”

Lucy Frazer, the MP for South East Cambridgeshire and Secretary for Culture, Media and Sport, at ieso Digital Health with CFO Michael Black, centre
Lucy Frazer, the MP for South East Cambridgeshire and Secretary for Culture, Media and Sport, at ieso Digital Health with CFO Michael Black, centre

Michael Moore, chief executive of the British Private Equity and Venture Capital Association, said: “We were delighted to arrange for the Secretary of State for Culture, Media and Sport to visit ieso Digital Health and demonstrate the real impact that private capital has in small and innovative businesses up and down the country.

“In 2022, 27.5bn was invested by private capital into UK businesses in sectors across the UK economy, ranging from consumer products to emerging technology. There are over 12,000 UK companies backed by private capital which currently employ over 2.2 million people in the UK.”

Barnaby Perks, founding CEO of Cambridge-based ieso Digital Health, and currently managing director at St John’s Innovation Centre
Barnaby Perks, founding CEO of Cambridge-based ieso Digital Health, and currently managing director at St John’s Innovation Centre

Michael Black, CFO at ieso Digital Health, noted: “ieso is committed to responsibly innovating within the field of digital mental health to help make mental treatment more accessible and effective for those who need it.

“We were pleased to welcome Ms Frazer to our headquarters to learn about our success so far, and how the backing of our investors has helped us to achieve this.”



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