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Reliance Health
Digital healthcare provider for emerging economies
- 201-500 employees
- Healthcare
- B2B
- Marketplace
- Insurance
- MedTech
- Bariga, Oworonshoki, LA
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Company mission
To make quality healthcare delightful, affordable, and accessible in emerging markets.
56% employee growth in 12 months
Our take
Reliance Health is a HealthTech company that leverages the power of technology and data in order to provide quality healthcare to regions that have typically been overlooked. Its integrated healthcare system enables individuals and businesses to make affordable payments in exchange for access to a combination of platforms, services, and clinics.
The company has seen impressive growth since being founded in 2016. It’s over 200,000 enrollees have access to Reliance Health’s 15 modern clinics and more than 2,300+ healthcare providers as well as a large number of businesses offering health services. Boosting its accessibility, the company also offers a mobile app, which has been downloaded over 50,000 times.
While the company faces a range of competitors, the boom in telemedicine and virtual care has resulted in significant investments going to companies across the sector. Following a $40 million raise in early 2022, Reliance Health is well on its way to securing a considerable share of Africa’s HealthTech sector, a market which is set to exceed a value of over $11 billion by 2025.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Remote-Work Culture
- High-performance Environment & Teammates
- Daily Free Meals
- Unlimited Paid Leave
- Healthcare Benefits
- Employee Growth Plans
- Parental Leave
- Global Hubs & Offices
- Team Retreats & Work Parties
Company values
- Default to Trust & Respect
- Give the Best
- Constantly Improve with Data, Technology & Process
- Always ask Questions
- Communicate Often, Simply & Clearly
Funding (last 2 of 3 rounds)
Feb 2022
$40m
SERIES B
Jan 2020
$6m
SERIES A
Total funding: $48.3m
This company has top investors
Leadership
Femi Kuti
(CEO)Co-Founder & former CEO of Kangpe. Previously National Youth Service Corps Medical Officer at the Nigerian Department of State Services, and worked as an Investment Banking Analyst (Healthcare) at Goldman Sachs.
Matthew Mayaki
(Senior VP, Product & Design)Initially served as the company's VP of Engineering. Former CTO of Kangpe Healthcare Services.
Opeyemi Olumekun
(COO)Venture Partner of Pioneer Fund, co-founder & current COO of Kangpe Healthcare Services. Former Analyst at CBO Capital.