# Redbird

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/redbird-2

- Industry: Healthcare
- Headquarters: Accra, Ghana
- Website: www.redbirdht.com
- Total disclosed funding: $1.8M
- Latest round: Seed (Mar 23, 2021)
- Investors on record: 4

## About

Based in Ghana, Redbird Inc. specializes in providing advanced technology solutions that enhance operational efficiencies and user engagement across various industries.Founded in 2017 and headquartered in Accra, Ghana, Redbird Inc. operates by delivering technology solutions tailored to meet the needs of diverse sectors. The company has completed 2 deals to date, with its most recent funding round occurring on March 23, 2021, during which it raised USD 1.5 mn in Seed funding from Founders Factory, Johnson & Johnson Innovation, and Newtown Partners. Patrick Beattie is recognized as a founder of the company, while Edgars Strods serves as the CEO.Redbird Inc. offers a range of products and services aimed at addressing specific industry challenges. Their core offerings include advanced technology solutions that focus on enhancing operational efficiencies and user engagement across various sectors, such as technology, healthcare, and consumer goods. The company's products cater to both small to medium enterprises and large corporations, with a global market presence in North America, Europe, and parts of Asia, ensuring they address the unique needs of their international clientele.The company generates revenue through a structured transaction model that includes direct sales and partnerships with other businesses. Their revenue streams are supported by a variety of pricing plans designed for individual users and corporate clients. Flagship products are typically offered on a subscription basis, allowing for recurring revenue while also incorporating one-time purchase options for specific services. Transactions are made directly with clients to maintain strong relationships with their customer base, utilizing both B2B and direct-to-consumer models to maximize revenue potential.Following the Seed funding round on March 23, 2021, in which Redbird Inc. raised USD 1.5 mn, the company plans to utilize this funding to expand its business operations and enter new markets. The company is focused on designing and launching upcoming products that will enhance its service offerings. Specific geographic regions targeted for expansion will be identified in alignment with their growth strategy, ensuring that Redbird Inc. can effectively reach new customers and enhance their market presence.

## Funding rounds

- Seed, Mar 23, 2021, $1.5M — Johnson & Johnson Innovation, Founders Factory, Newtown Partners
- Seed, Jul 11, 2018, $0.3M — Gray Matters Capital

## Investors

- Gray Matters Capital (https://capitalatlas.ai/funds/gray-matters-capital) — Seed
- Johnson & Johnson Innovation (https://capitalatlas.ai/funds/johnson-johnson-innovation) — Seed
- Founders Factory (https://capitalatlas.ai/funds/founders-factory) — Seed
- Newtown Partners (https://capitalatlas.ai/funds/newtown-partners) — Seed
