$1 M Seed funding raised by Kenyan e-health startup MyHealth Africa
MyHealth Africa, an e-health firm with headquarters in Nairobi, has secured $1 million in early money to support its growth throughout Africa and beyond.
MyHealth Africa, a full-service integrated healthcare platform that connects patients with local and foreign medical professionals and facilities, was established in 2017. The solution aims to address significant inefficiencies, enhance subpar services, and support the advancement of patient-centric care in healthcare systems in emerging markets.
Up to this point, the platform has facilitated almost 26,000 medical visits and onboarded more than 1,500 doctors, clinics, and hospitals globally.
The GIIG Africa Fund led the oversubscribed round for MyHealth Africa, which also included Samurai VC, a family office, and existing shareholders. The business plans to utilize the cash to support its development across Africa in 2023, as well as new market entry in the Middle East and South Asia.
“We are very excited to welcome GIIG Africa to our cohort of investors, alongside Samurai VC and other investors. 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 in 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,” said Ryan Marincowitz, founder and CEO of MyHealth Africa.
“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.”