With Its New Funding, Nigerian Startup Helium Health Wants To Invade The Moroccan Market

Helium Health, the young Nigerian startup, which provides technological solutions for the health sector in West Africa, is accelerating its development and wants to attack the Moroccan market this year.

co-founder Tito Ovia
co-founder Tito Ovia

Also, the startup intends to develop its solutions for digitizing hospital infrastructures, optimize its levers of negotiations, while seeking to reach new segments in its natural market in Nigeria, and also in Ghana and Liberia. It goes without saying that Helium Health has a bright future ahead of it, especially since the coronavirus pandemic has shown the deficiencies of the continent’s health system and that the digitalisation of health infrastructures will now be erected by governments as a categorical imperative after the crisis. sanitary.

A Look At What Startup Helium Health Does

Based in Lagos and founded in 2014 by three Nigerians, Goke Olubisi, Tito Ovia and Dimeji Sofowora, Helium Health has developed telemedicine tools as part of the current health crisis that facilitate access to information and test results for patients with covid-19.

Read also:Nigerian Healthtech Startup Helium Health Raises $10 Million From Dubai- based VC 

“Healthcare can be a form of revenue to a country if proper investment is made in preserving the quality of data. With accurate data, the right kind of budget can be made, we get to do research and a lot more,’’ said co-founder Tito Ovia.

“Only 30% of hospital visits across Africa are recorded so it’s a massive need in the market,” she said.

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Read also: Nigerian Healthtech Startup Helium Health Raises $10 Million From Dubai- based VC

Helium Health was previously alumni of the Google LaunchPad programme and the prestigious YCombinator accelerator programme. The startup says it now covers more than 300 health facilities across Nigeria, and has over 5,000 medical professionals in its database. It also says it has recorded over 165,000 encounters with patients.

Read also:Helium, Leading Health Startup Raises $7m From Venture Firms

“Since 2016, Helium Health has taken hospitals, clinics and other health facilities digital almost instantly using our flagship Electronic Medical Records/Hospital Management Information System (EMR/HMIS) product. Now, our intuitive and versatile suite of technologies is enabling Providers utilize telemedicine and receive additional financing, Payers validate beneficiaries and process claims quicker, Patients take control of their care, and other Partners receive unprecedented epidemiological insights and real-world evidence, all resulting in significantly better quality of care,’’ the startup noted on its website.

 

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer