Waspito, a Cameroonian e-health firm, has acquired $2.7 million in seed capital to increase its user base in Cameroon and Ivory Coast.
Waspito, founded in 2020 by Jean Lobe Lobe, links consumers with doctors via rapid video consultations via their cellphones. It also offers mobile laboratory services, in which a lab professional collects samples from a user’s house and sends the findings to them through email.
Waspito has serviced over 15,000 patients to date, and it hopes to grow to ten countries in the next four years. It also includes a health-focused social network where users may engage anonymously with medical specialists who provide preventative care suggestions and answers to inquiries.
The oversubscribed US $2.7 million seed round led by Launch Africa Ventures, Newtown Partners via the Imperial Venture Fund, BLOC Smart Africa managed by Bamboo Capital Partners, Orange Ventures, Saviu Ventures, Plug and Play, and BringCom will fund the first stage of this expansion, which will see the company expand its coverage across Cameroon and launch in Ivory Coast.
Waspito will also increase its service offering as it works to link Africa’s health ecosystem online in order to alleviate the continent’s medical doctor shortage and other health system difficulties.
“My incredible team has been making baby steps in the right direction and this additional funding will help accelerate execution,” said Lobe Lobe. “We are proud of the pool of investors we were able to get on this round. Their experience and network will add value to our team as we continue this journey to solving Africa’s health care accessibility and affordability problem.”
