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The CEO of a healthcare startup was introduced to a VC with hundreds of millions by her boyfriend

Published by Business Insider on Mon, 04 Jul 2016


Melissa Morris, the CEO ofNetwork Locuma healthcare startup that helps hospitals and GP practices to find cheap on-demand doctorswas introduced to venture capital firm Beringea by boyfriend George Marangos-Gilks, who is the cofounder of student media publication The Tab.The introduction has helped Morris, who founded Network Locum in August 2010 after a stint in the NHS, to raise around 1 million from Beringea, which has funds of around $650 million (489 million).Beringea investment director Rob Hodgkinson explained the encounter to Business Insider:"George, who runs The Tab, was looking to raise money about 18 months ago. I cant remember where I met him. I think I read an article about the Tab and just got in touch with him. So we were looking at The Tab [and realised] its a bit too early for what we do. But he said you should speak to my girlfriend, who runs Network Locum."She already had 2 million but we managed to persuade her, that because weve got this US angle, because weve got quite a lot of healthcare expertise, that actually, we would be useful. So she made space for us [in the funding round]."Morris added: "It's brilliant going out with your best friend who also completely understands exactly what you are going through. We help each other out 24/7. "Network Locum has raised a total of 8.5 million, with the most recent round of 5.3 million announced on Sunday.The startup is one of the first young technology companies to announce a significant investment round following the UK's decision to leave the European Uniona move that has startup founders worried that they'll struggle to raise the capital they require.Join the conversation about this storyNOW WATCH: How to use Facebook's awesome new 360-degree photo feature
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