Netherlands- and UK-based cybersecurity and compliance firm Naq has raised €6 million in a Series A funding round from Automate Health to advance its mission of helping health technology companies meet critical NHS standards.
- Launched in 2020 by Nadia Kadhim and Chris Clinton, Naq is an automated compliance platform for digital healthcare. The platform continuously monitors and ensures that health technologies meet regulatory requirements across cybersecurity, privacy, clinical safety, and other relevant frameworks.
- It consolidates compliance management for standards including Cyber Essentials, NHS DSPT, NHS DTAC, DCB 0129, GDPR, ISO 27001, ISO 9001, and MOD SBD, generating policies, actions, and training necessary to meet obligations.
- Naq also provides risk management capabilities, allowing organizations to create, assign, and track risks based on operations and assets, while integrating with existing systems to collect and monitor compliance evidence.
- The platform operates as a centralized system to maintain up-to-date compliance documentation and support continuous regulatory adherence.
“As the NHS shifts from analogue to digital, protecting patient data and systems is vital. With this funding our technology will help even more NHS suppliers to meet security standards without complexity or the excessive cost of consultancy offerings, saving innovators more than 180,000 hours or £20,000 per compliance standard," claims Nadia Kadhim, co-founder and CEO of Naq.
Details of the deal
- The investment saw backing from Automate Health, a private company backed by the Steyn Group. It focuses on investing in B2B healthcare SaaS companies, providing not only capital but also strategic guidance, operational expertise, and access to an experienced advisor network to help scale healthcare technology businesses.
- With the fresh capital, Naq will develop new regulatory standards on its platform, enhance its AI-driven compliance capabilities, and expand its clinical and cybersecurity teams to support more NHS suppliers and health tech organizations efficiently.
