iNNOHEALTH, a Cape Town-based health-tech startup, has received an undisclosed seven-figure investment from a Hong Kong-based venture capital firm. The funds will be used to expand the startup’s doctor-led app, MyPocketHealth, which will be available to the general public later this year.
“We’ve been engaging some larger local and international VCs who have shown interest in investing to facilitate scaling and expansion. We want to move SA away from telemedicine to virtual care. We want integration into the NHI and to become Africa’s biggest digital care provider of tech solutions, products and services,” said Chad Marthinussen, co-founder.
What The Startup Does
Medical doctors Chad Marthinussen and Wade Palmer, as well as chartered accountant Abdul-Malick Salie, created iNNOHEALTH in 2020. The healthtech disruptor aspires to provide quality, cheap, and equitable healthcare to everyone in Africa, to pioneer ideas that address healthcare inaccessibility and inequality, and to give users with comfort and empowerment by boosting access through preventative care.
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The AI-enabled healthtech offering is expected to propel iNNOHEALTH to the forefront of digital healthcare in South Africa, making primary healthcare services and products more accessible. Covid-19 has made virtual healthcare a requirement for patients all across the world, and the company has taken advantage of the current industry growth.
iNNOHEALTH health iNNOHEALTH health
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