Growth-focused AI player T-Pro’s speech technology enables more efficient and accurate document workflows in the healthcare space.
Bank of Ireland has provided funding to support Dublin-based T-Pro’s growth ambitions.
Founded in 2012 by Jonathan Larbey and Mark Gilmartin, T-Pro’s technology allows healthcare providers to voice-enable their existing electronic patient records.
“T-Pro is a very ambitious business, and growing very quickly, both organically and via continued M&A”
This enables them to reduce traditional transcription costs, improve clerical efficiency and capture patient information effectively and efficiently from anywhere on any device.
The voice of clinical precision
Jonathan Larbey, CEO, T-Pro
The company’s technology turns millions of minutes of dictation into clinical documents each year.
Customers of the business include Midlands Partnership NHS Trust, Rotherham NHS Trust, Kent Community Health NHS Foundation Trust, to name a few.
Bank of Ireland has provided a debt package to support T-Pro’s ambitious growth plans.
“It has been a pleasure to work with Jonathan and Mark and the wider T-Pro team, as they scaled their customer base across new markets and territories,” said Paul Swift, head of Tech, Media and Telecoms Sector at Bank of Ireland.
“We look forward to building on our close relationship and continuing to support their growth ambitions in the time ahead.”
“Having being fortunate enough to work alongside T-Pro management and their advisors over the last number of years, Bank of Ireland is delighted to support their continued growth,” added Gerry Nolan from Bank of Ireland’s Business Banking Origination Team. “They are a professional and driven team who have repeatedly demonstrated their ability to deliver within a demanding environment.”
Last year UK, Australia and US private equity player Livingbridge announced a minority investment in T-Pro. Livingbridge’s investment has enabled T-Pro to continue developing its market leading dictation and speech products, further advance its AI capabilities, and support international expansion and acquisitions.
T-Pro has grown rapidly in recent years via the launch of new software products and expansion of its customer base in Ireland, the UK, Australia, and New Zealand, acquiring Syberscribe in Melbourne in 2022.
In 2023, T-Pro acquired NTS Transcription Services based in Australia.
“We are grateful for the continued assistance and funding that Bank of Ireland have provided, supporting us through multiple acquisitions,” said T-Pro CEO Jonathan Larbey.
“T-Pro is a very ambitious business, and growing very quickly, both organically and via continued M&A. The wider team at the bank have always maintained a close relationship with our senior management, taking time to understand our business strategy and growth plans. This has been instrumental in helping them build the conviction needed to continue to fund the business.”
-
Bank of Ireland is welcoming new customers every day – funding investments, working capital and expansions across multiple sectors. To learn more, click here
