Ilara Health just announced a raise of $3.75 million. The round was led by TLcom Capital and contribution from Chandaria Capital, Global Ventures, and DOB Equity
The Kenyan healthtech startup uses proprietary software integration on the devices they distribute enabling doctors to provide effective patient management. According to Ilara Health’s CEO and co-founder Emilian Popa, he points out funding is a major challenge to their expansion plans and efforts at providing inclusive health.
Ilara Health was founded in 2018 and aims to provide highly essential yet affordable diagnostics to their African consumers in rural areas. Using data from its operations, Ilara is able to create a closed-loop patient management system that provides analytical insights into diseases dominating local underserved communities. So for, Ilara Health has managed to partner with 200 clinics in areas outside Nairobi and Kenya and plans to expand further into the East Africa market within a year.
We earlier covered how Ilara Health bagged $1.1M grant funding from the Bill & Melinda Gates Foundation, in their development of effective antenatal care equipment. Ilara Health took part in the 2020 Google’s Startup Accelerator Africa alongside 19 other startups.