Technological innovations has continued to disrupt and and bring innovations in all sectors, including the healthcare sector. The healthcare sector has been experienced a lot of technological disruption. From big data, to AI and robotics, Internet medical of things for EMR, medical inventory management, health insurance, and much more.
A lot of Nigerian young minds and tech startups are taking giant steps venturing into the medical technology industry.
We have examined the industry and come up with the top 10 MedTech Startups in Nigeria. The ranking is is basically on their capital funding they have received so, their unique solutions, groundbreaking innovative ideas, and efficient services they provide.
The cumulative fundings Nigerian MedTech Startups amount to $184 million as of November 2023.
Top Healthtech Startup Companies in Nigeria
- Hygeia HMO
- Helium Health
- Africa Health Holdings Ltd
- Remedial Health
- AfyA Care
- Ubenwa Health
- Figorr (formerly Gricd)
- Healthtracka
- Clafiya
- Eight Medical
Hygeia HMO
Founded 1984, Hygeia HMO is a medical technology startup that provide integrated healthcare services in Nigeria, and in some other West African countries.
Hygia HMO has raised a total of $66.8 million venture capital as at the last round. The company ranks no.1 MedTech startup company in Nigeria.
Helium Health
Helium Health is a medical technology company that provide dynamic digital tools and facilitate financing, empowering healthcare providers and decision makers to improve the lives of Africans.
Established in 2015, Helium is used by over 10 thousand health workers and over 1 million patients.
The company’s clients include medical doctors, governments, and public health stakeholders across Africa who rely on Helium Health’s technology and insights to improve healthcare delivery standards in Africa, enabling African families to live happier and healthier lives.
Helium Health has so far raised a total of $42.17 million in Series B, making it the second largest MedTech startup in Nigeria.
Headquartered in Lagos Nigeria, it also has office in Nairobi Kenya.
Africa Health Holdings Ltd
Africa Health Holdings (AHH) is a digital health startup that provides AI and telemedicine solutions across Africa
As at the last round, the company has raised up to $42 million convertible note to upscale its operations.
Remedial Health
Remedial Health, a Nigerian medtech startup bringing digital innovation pharmacy business efficiency to the pharmaceutical value chain
The company raised $17.57 million in Series A equity-debt financing to expand its operations in Nigeria, thereby placing at no.4 of top leading healthtech startups in Nigeria.
AfyA Care Nigeria
AfyA Care Nigeria is a healthcare company that provides health technology, integrated hospital care, health insurance services in Nigeria.
AfyA Care which was established in 2019, invests in healthcare technology with the aim to make healthcare accessible and affordable in Nigeria.
AfyA Care has raised $6 million in Series A funding.
Ubenwa Health
Ubenwa Health is Nigerian MedTech startup building AI-powered software for automated sound-based neurological diagnosis especially in infants.
Ubenwa operates in Nigeria, Brazil and Canada with University of Lagos Teaching Hospital, Lagos State University Teaching Hospital, Enugu State University Teaching Hospital, Rivers State University Teaching Hospital, and Santa Casa de Misericordia de Sao Paulo Hospital as its leading clients.
Founded in 2017, Ubenwa Health has raised up to $2.5 million capital, making the sixth top healthtech startup in Nigeria.
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Figorr
Figorr, formerly Gricd, is Nigerian tech startups using tech to provide healthcare solutions to temperature, humidity. Established in 2017, Gricd rebranded to Figorr after raising $1.5 million capital in June 2023 to expand its services into agriculture, logistics and insurance.
Figorr has so far raised $1.92 million seed capital.
Healthtracka
Healthtracka is a healthtech startup that provides digital platform for easy and convenient at home lab testing sample collection and digital results.
As at last round in 2022, the company has raised $1.5 million grant.
Clafiya