Meet The Nigerian Entrepreneurs Who Just Raised $10 Million To Transform Africa’s Healthcare  

For decades African hospitals had been operating entirely manually, from taking notes on paper on how many patients entered the hospital on any given day, to what type of care those patients needed, or where they were supposed to be directed to. The result was a major lack in efficiency, accuracy, or often even data about the patients they were treating.

In 2016, the situation prompted Nigerian entrepreneurs Adegoke Olubusi, Tito Ovia, and Dimeji Sofowora to launch Helium Health, a healthcare technology provider working in several African countries. Today, the company cofounded by the three 2019 Forbes 30 Under 30 honorees, announced it had raised $10 million in Series A round, led by Global Ventures and Asia Africa Investment & Consulting (AAIC). The other participants are: Tencent, Ohara Pharmaceutical Co. Ltd, HOF Capital, Y Combinator, VentureSouq, Chrysalis Capital, Kairos Angels and Flying Doctors Healthcare Investment Company.

“This new round means that we have more firepower to be able to expand the reach of our product way beyond Nigeria, Ghana and Liberia where we are now,” Olubusi, who serves as the company’s CEO, says. “When we think about the extent of the challenges and problems that we can solve in the healthcare sector in Africa, there could be a million ways in which this can help us grow.”

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https://www.forbes.com/sites/igorbosilkovski/2020/05/07/meet-the-nigerian-entrepreneurs-who-just-raised-10-million-to-transform-africas-healthcare/#2e45dd9a53bd