Zuri Health, a Nairobi-based digital healthcare firm that offers low-cost healthcare via mobile, has closed a fundraising round led by Launch Africa, DOB Equity, and Founders Factory Africa to expand across Africa.
Platform Capital, V8 Capital and Villgro Africa were some of the other investors.
“We are motivated by the potential impact of our service – to be a solution to Africa’s lack of adequate healthcare.”
Most of Africa’s healthcare infrastructure is woefully inadequate, with excruciatingly high doctor-to-patient ratios. Many Africans don’t have access to healthcare or live far away.
“The situation is deteriorating as skilled healthcare workers leave Africa in search of greener pastures. We have a strong goal to democratize healthcare access and use technology to deliver high-quality, first-tier medical care,”According to the team. Zuri Health’s CEO and Founder, Ikechukwu Anoke, stated.
Zuri Health will use the funding to expand its digital platform, increase its product offerings and expand into new markets.
As part of Platform Capital’s investment in this round, Dr. Akintoye Akindele, Chairman of Platform Capital, will be in the advisory board.
The company has experienced significant growth since its inception. Zuri Health has collaborated with more than 400,000 SMS users and 300 doctors. There are also 27 diagnostic labs and laboratories and 15 pharmacies in seven different countries.
“We are pleased to contribute to the success of Zuri Health as it develops an innovative and effective platform that will provide access to healthcare for majority of rural and urban people,”Saskia Van der Mast is the Co-CEO at DOB Equity, a Dutch private-equity firm located in Nairobi.
“Zuri Health shows significant potential to scale throughout the continent and democratize access to healthcare,”Zachariah George, Launch Africa’s managing partner. We are confident in Anoke and Isiaho’s ability to lead the way in Africa’s HealthTech sector.”
“Founders Factory Africa is thrilled to be a part of funding the Zuri Health Team’s ingenious aim of addressing major gaps in Africa’s healthcare systems,”Bongani Sithole (Managing Director, Founders Factory Africa) stated this.
According to the Kenya Medical Practitioners & Dentists Council, Kenya has a projected 10,500 licensed physicians.
Each Kenyan doctor would have to serve around 5,300 individuals per year to fulfil the country’s healthcare needs.
Patients are also drawn to national-level facilities for health in cities due to a lack of staff at low facilities in the rural parts of the country.
This causes longer wait times for patients and puts immense strain on healthcare providers to provide basic care.
Zuri Health connects consumers on the mass market to affordable, efficient and high-quality healthcare services via SMS and WhatsApp.
The group started operations in Kenya in January 2021. It has since expanded to Nigeria and other African countries, including Senegal, Senegal and Uganda.
Ikechukwu After overcoming personal health problems, Arthur Anoke & Daisy Isiaho founded Zuri Health.
They saw this opportunity to create a user-friendly, low-cost and tailored experience for clients in mobile healthcare.
Zuri Health has partnered up with telecommunications companies such as MTN, Safaricom and Telkom (Kenya), to bring together health care organisations like hospitals, pharmacies and medical labs.
Zuri Health has been able to bring medical services closer to people’s homes as a result of this – doctors are now just a few clicks or messages away.