Reliance Health

InsuranceSeries BLagos, Nigeriagetreliancehealth.com

Latest round

Series B

Last raised

Feb 2022

Total raised

$88M

Investors

13

About Reliance Health

Reliance Health Inc.Founded in 2018 in Lagos, Nigeria, Reliance Health Inc. offers digital healthcare solutions designed to improve access to essential medical services. The company was co-founded by Femi Kuti and Opeyemi Olumekun, with Femi Kuti currently serving as CEO.Reliance Health offers a suite of innovative health benefits designed to enhance the well-being of employees in emerging markets. The core product is the Reliance Health app, which provides plan members with immediate access to healthcare services via virtual consultations. Users can consult with doctors and receive prescriptions delivered to their homes or workplaces. This digital solution aims to minimize disruptions to users' daily lives while ensuring access to essential medical services, including proactive treatments, neonatal care, and coverage for emergencies and chronic conditions. The company collaborates with over 3,800 health and wellness partners to deliver high-quality clinical services that adhere to global standards.The revenue model for Reliance Health is centered around subscription-based health plans and partnerships with corporate clients. Clients subscribe to the company’s health plans, which provide comprehensive healthcare coverage for their employees and families. These plans may include a variety of services ranging from routine check-ups to specialized care, ensuring that companies can support the health and wellness of their teams effectively.In February 2022, Reliance Health Inc. The company plans to enhance its digital offerings and enter new markets, particularly focusing on expanding its presence in Africa and the Middle East.

Who invested in Reliance Health

13 investors across 2 rounds

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Funding rounds

  1. Series B

    Feb 7, 2022

    Amount

    $40M

    Investors

    Locked

  2. Series A

    Jan 30, 2020

    Amount

    $48M

    Investors

    Locked

Questions about Reliance Health

Who invested in Reliance Health?

Reliance Health has 13 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Reliance Health raised?

Reliance Health has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Reliance Health last raise money?

Reliance Health's most recent round on record is a Series B, in Feb 2022.

What does Reliance Health do?

Reliance Health is a insurance company.

Where is Reliance Health headquartered?

Reliance Health is headquartered in Lagos, Nigeria.

Which VCs invest in companies like Reliance Health?

Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back insurance companies at Reliance Health's stage. Their profiles are linked below.

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