KENYA – Nairobi-based e-health startup MyHealth Africa has raised a US$1 million round of seed funding to fuel its expansion across Africa and beyond.
The oversubscribed round was led by the GIIG Africa Fund with participation from Samurai VC, a family office, and existing shareholders.
The company will use the funds to fuel its expansion across Africa, with new market entries in the Middle East and South Asia also planned for 2023.
“We are very excited to welcome GIIG Africa to our cohort of investors, alongside Samurai VC and other investors,” said Ryan Marincowitz, founder and CEO of MyHealth Africa.
“The capital raised during this period will be used to help us expand across Africa, the Middle East, and South Asia as we take the company a step closer to our goal of transforming the way that patients the world-over access specialised healthcare services.
“The future of health-tech in Africa and emerging markets is bright, and we are excited to be at the forefront, paving the way to quality healthcare services in the region and beyond.”
Founded in 2017, MyHealth Africa is a full-service integrated healthcare platform, connecting patients with local and international health specialists and hospitals. The solution seeks to solve critical inefficiencies, improve upon sub-standard services, and contribute to the development of patient-centric care in emerging market healthcare systems.
The platform has so far facilitated around 26,000 medical visits, onboarding over 1,500 medical professionals, clinics, and hospitals around the world.
“Across the continent, we have seen over the past few years how technology and innovation are having a real impact on the health and wellness of Africans,” said the co-founder of GIIG Africa, Philip Baldwin.
“When we first encountered MyHealth Africa during the last season of GSA Africa, we became engrossed in learning how this startup was revolutionising the East African healthcare landscape. And today, we could not be more pleased to announce our formal partnership in helping take the MyHealth Africa solution to the world.”