Norwegian HealthTech startup Noteless raises €3.5 million to tackle doctor burnout

Norwegian HealthTech startup Noteless has secured €3.5 million in Seed funding to expand its AI-powered clinical documentation platform across Europe. This investment, led by Redstone with participation from Futurum Ventures and Farvatn Venture, aims to address the significant administrative burden faced by healthcare professionals. Noteless, founded in 2023, is poised to make a significant impact on clinical efficiency. Noteless's platform utilizes AI to automatically generate medical notes during patient consultations, leveraging speech recognition and natural language processing. The company, which launched its first product in June 2024, has rapidly grown, now supporting over 100,000 consultations weekly and employing 35 people across several European countries. This round of funding will accelerate the company's expansion into new markets, including the UK and Germany. The implications of this funding round extend beyond Noteless, highlighting a growing trend in Europe's digital healthcare sector. Other startups like Berlin-based Aiomics and Stockholm-based Tandem Health have also recently secured significant funding, with Tandem raising €42.6 million. These investments reflect a broader recognition of AI's potential to reduce administrative overhead and improve clinician well-being, driving innovation within European digital healthcare. With rapid customer growth and expanding adoption among specialists, Noteless is well-positioned to capitalize on this trend. The success of Noteless and similar startups could reshape clinical workflows. The company is processing over 3 million consultations, it is clear that AI-driven solutions are gaining traction.