$1.5 M funding raised by Nigerian at-home lab testing startup HealthTracka
HealthTracka, a Nigerian company that offers at-home lab testing, has raised $1.5 million in investment in preparation for its upcoming expansion into Ghana and Kenya.
Healthtracka was established in May 2021 with a B2C focus, allowing consumers to schedule lab tests online, have samples taken at home, and get digital findings. The cost of the tests also includes a doctor’s examination of the results.
Since then, the company’s services have been expanded to B2B2C by providing hospitals, pharmacies, and tele-health service providers with API infrastructure, enabling them to give their patients at-home blood testing.
Ingressive Capital, Hustle Fund, Alumni Angels, Flying Doctors, and other investors contributed to the startup’s US $1.5 million investment round. With the financing secured, Healthtracka plans to improve its technology foundation with functions like a recently introduced API that enables both telehealth services and conventional healthcare practitioners to deliver at-home lab tests. In the upcoming months, it also intends to grow in Ghana and Kenya.
The announcement follows HealthTracka’s participation in the October 2021–January 2022 Techstars Toronto accelerator program. Ifeoluwa Dare-Johnson, co-founder and CEO, stated that the startup’s goal was to develop into an African patient-centric healthcare solution.
“Healthtracka is raising the bar on healthcare delivery in Africa. We want to bring care to people, instead of the people to the care. In just one year, of launch, we have proven that there is a huge market for a healthcare solution centred around today’s African consumer. What sets us apart is a potent combination of operational expertise, customer obsession, and healthcare innovation,” she said.
“Our latest B2B2C offerings include partnering with employers to deliver healthcare to the doorstep of employees across the country. One of such strategic partnerships is with Sterling Bank, one of the biggest banks in the country, offering their consumers and employees healthcare delivered on their own schedule.”
HealthTracka has the potential to have a good influence on the e-health industry throughout the continent, according to Maya Horgan Famodu, founder of Ingressive Capital.
“Ifeoluwa is hungry and very bright. Not only did we anonymously use HealthTracka’s services in diligence, and have a 10/10 experience, we recognised truly what this could become across the continent, even from just interacting with her team for tests. The product is high quality, on time, affordable, and unlocking the door for a healthier Africa,” she said.
