# Healthlane

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/healthlane

- Industry: Software
- Headquarters: Lagos, Nigeria
- Website: www.healthlane.co
- Total disclosed funding: $2.4M
- Latest round: Series A (Sep 8, 2020)
- Investors on record: 8

## About

Healthlane is a Nigeria-based company providing innovative health and wellness solutions aimed at enhancing preventive care and fostering healthier lifestyles through advanced health monitoring technologies.Founded in 2019, Healthlane focuses on delivering health and wellness solutions. The company operates from Lagos, Nigeria, and has successfully raised funding through four deals, with the latest being a Series A round on November 11, 2020, amounting to USD 2.40 mn from investors such as CRE and Sequoia Capital. Healthlane was established by individuals committed to improving public health through technology.Healthlane specializes in health and wellness solutions designed to enhance preventive care and promote healthier lifestyles among its user base. The company's core product offerings include advanced health monitoring devices and a comprehensive digital platform that integrates health data analytics. These products address critical health challenges by providing users with real-time feedback on various health parameters, enabling informed lifestyle choices. Targeting health-conscious consumers and wellness-focused enterprises, Healthlane's solutions reach a diverse clientele, including fitness enthusiasts, healthcare providers, and corporate wellness programs across North America, Europe, and parts of Asia.Healthlane's revenue model is predominantly structured around direct-to-consumer sales and B2B partnerships, allowing the company to leverage multiple revenue streams. Transactions occur through sales of health monitoring devices, subscription services for premium app features, and partnerships with healthcare providers that integrate Healthlane's technology into their offerings. The pricing strategy accommodates various user needs and preferences while maintaining a focus on quality and innovation.Healthlane plans to utilize its recent Series A funding of USD 2.40 mn to support the development of tech-enabled platforms across sectors such as fintech, wellness, and logistics, aimed at transforming traditional industries in Africa. The company is also exploring the launch of new health monitoring products and aims to expand its presence in specific markets across Africa and Europe by 2022.

## Funding rounds

- Series A, Sep 8, 2020, $2.4M — Hong Shan, Silicon Valley Bank, TSVC, CRE, Supernode Ventures, Capitoria Ventures, Launchbay Capital
- Seed, May 28, 2020 — Kepple Africa Ventures

## Investors

- Kepple Africa Ventures (https://capitalatlas.ai/funds/kepple-africa-ventures) — Seed
- Hong Shan — Series A
- Silicon Valley Bank — Series A
- TSVC (https://capitalatlas.ai/funds/tsvc) — Series A
- CRE (https://capitalatlas.ai/funds/cre) — Series A
- Supernode Ventures (https://capitalatlas.ai/funds/supernode-ventures) — Series A
- Capitoria Ventures (https://capitalatlas.ai/funds/capitoria-ventures) — Series A
- Launchbay Capital (https://capitalatlas.ai/funds/launchbay-capital) — Series A