Investors supporting Helium Health’s Series B include AXA IM Alts.
Helium Health, an African startup that offers healthcare providers and public health organizations software-as-a-service tools, funding, and insights, has secured $30 million in Series B funding.
The revelation comes 18 months after a rare Africa-GCC deal involving UAE-based healthcare provider-patient interaction platform Meddy, and three years after the Lagos-based health startup earned a $10 million Series A.
HeliumDoc, a product that combines the telemedicine capabilities of Meddy and the revenue cycle management service of Helium Health, is now being used in Nigeria with an extension into East Africa in the works.
In the meantime, the GCC is anticipated to roll out HeliumOS, the primary product digitizing electronic medical records (EMR) and hospital administration systems across Africa.
HeliumCredit, a fintech product, will, however, probably see increased capital concentration as the health tech startup plans to “expand its reach and increase its lending portfolio to 1,000 healthcare facilities by 2024 in partnership with the U.S. International Development Finance Corporation (DFC),” per a statement.