This archive report was first published on 8 May 2020.
On May 8, 2020, Nigerian health startup Helium Health announced it had secured $10 million (KSh1 Billion) in its series A funding round.
The funding round saw participation from prominent investors including Global Ventures, Africa Healthcare Masterfund, Tencent, Y-Combinator, Asia Africa Investment & Consulting (AAIC), Ohara Pharmaceutical Co, HOF Capital, VentureSouq, Chrysalis Capital, Kairos Angels, and Flying Doctors Healthcare Investment Company.
According to Helium Health, the funding will be used to hire more staff and expand its operations to North and East Africa, with plans to establish a presence in countries such as Kenya, Rwanda, Uganda, and Morocco. Currently, the startup is operational in Nigeria, Ghana, and Liberia.
Helium Health is developing a range of new products, including Helium Teleclinic, a platform for televisits between hospitals and patients, as well as HeliumPay, a billing and payments platform, and Helium CareCredit, a provider-financing product.
Founded in 2016, Helium Health offers a suite of products that digitize data, formalize monetization, and enable telemedicine for healthcare systems in Nigeria, Liberia, and Ghana.
