CarePoint, a healthcare startup leveraging technology to enhance access to medical services, has raised $10 million in a bridge funding round. The company is positioning itself as a leader in transforming healthcare delivery across Africa, with operations already established in Kenya, Nigeria, Ghana, and Egypt.
The company is accelerating its growth through mergers, acquisitions, and the development of innovative healthcare solutions. A core part of its strategy includes setting up telemedicine centers within its facilities and introducing “micro-tech-enabled clinics” aimed at reaching underserved populations.
According to Dr. Sangu Delle, founder and CEO, these micro-clinics will employ a lean model with no more than 12 staff members, including a nurse. Patients will have access to virtual consultations with doctors, reducing reliance on costly mobile data. “This approach democratizes access to healthcare, making it both affordable and accessible to more people,” Delle explained.
CarePoint also offers virtual healthcare services through its MyCareMobile app. The platform allows users to consult with doctors, access test results, and request 24-hour emergency care.The startup currently operates 65 facilities under its various brands, including Sahe in Egypt, Meridian Health Group in Kenya, Rabito Clinic in Ghana, and CarePoint and Lilys Hospitals in Nigeria.Delle’s vision for CarePoint was informed by his extensive experience as an investor and venture capitalist, particularly through his work with Golden Palm Investments. The firm, which he still chairs, has been instrumental in supporting early-stage companies across Africa. “Addressing healthcare challenges is essential for socio-economic transformation,” Delle noted. He emphasized the urgency of closing the resource gap in Africa’s healthcare system, given the continent’s significant disease burden and limited medical resources.
The bridge funding will help CarePoint enhance its technological infrastructure by building AI and data science teams, while also developing new healthcare products. The investment round was led by TRB Advisors, with participation from Breyer Capital, Beyond Capital Ventures (BCV), and other notable investors.
Eva Yazhari, general partner at BCV, commended CarePoint for its patient-centered approach and focus on building a robust healthcare data repository for Africa. “We are excited to support CarePoint in scaling its technology-driven healthcare model to improve health outcomes across the continent,” Yazhari stated.This latest funding round increases the total capital raised by CarePoint to $30 million, following an $18 million Series A round announced previously. The company’s ongoing efforts are setting a precedent for technology-led healthcare solutions in Africa, addressing a pressing need for innovation in the sector.
