Kenyan-based healthtech startup, Afya Rekod, has raised $2,000,000 in Seed funding.
The round was led by Mac Venture Capital, a US-based seed-stage venture capital firm that invests in technology startups leveraging shifts in cultural trends and behaviours. Other participants included Next Chymia an Asian private firm that focuses on blockchain-based companies.
Afya Rekod is a health data platform that digitally collects and stores health records of individuals, allowing both patients and health facilities to capture, store and access the mobility of the patients’ health data.
Launched in 2020, the platform has set up multiple functionalities such as hospital management, patient management, knowledge management, and inventory management for providers. Asides aggregation of information on pharmacies and other key resources to allow easy accessibility, the startup also enables the adequate compilation of data for patients’ health and provides access to medical intervention.
John Kamara, founder, Afya Rekod, said, “For the past one and a half years, we’ve singularly focused on building a dynamic platform that streamlines health records with analytics and provides access to specialized clinics and experts. This delivers high-quality healthcare in a way that is critical for this moment. We are very excited about this investment as it will help us grow in key markets in our journey to become the leading patient mobility-focused health platform in the world. Our mission is to empower patients by giving them access to their health data and to connect with the health ecosystem including hospitals, pharmacies, insurance, and beyond.”
“This investment will help us scale in other markets in Africa and accelerate the launch of our patient portal. This will give patients resources and tools to store and manage their health data, a critical function for patients with chronic illnesses, and their doctors,” further stated Kamara.
“One of the things we liked most about Afya Rekod was its commitment to patient-centred health innovation and how it addresses the gaps of current healthcare issues. The pandemic has pressed the fast-forward button, bringing an urgency into health data accessibility and analytics. This is a global problem that can be addressed by innovative private companies like Afya Rekod. We’re thrilled to partner with the team to tackle this challenging problem in healthcare,” said Marlon Nichols, founding managing partner of MaC Venture Capital.
Afya Rekod has over 150,000 users in 5 countries with key partnerships including the Association of Sisterhoods of Kenya (AOSK) and over 500 hospitals across Kenya; Healthy Mind Foundation to train psychiatrists in Lagos Nigeria; and Alchemy in South Africa to onboard private and public hospitals in Southern Africa.
“We are very proud to see one of our flagship startups, Afya Rekod, growing its impact globally. We’re set out to build disruptive technology that will solve some of the most pertinent challenges in Africa and beyond, and health is one of the sectors that require a multitude of interventions to improve quality access. We strongly believe in Afya Rekod’s mission and as we continue to support the company, we are confident that the impact it will create will be phenomenal,” said Irene Kiwia, co-founder and CGO, Adanian Labs.