Afya Rekod, Kenyan startup closes its seed round at $2 million to scale across Africa
The fundraise was led by US VC Mac Venture Capital that invests in exceptional startups building category leading technology companies at the Seed stage; Afya Rekod (www.AfyaRekod.com), an Adanian Labs startup, is leading the democratization of health data collection, accessibility and mobility for quality healthcare provision in Africa and beyond.
Afya Rekod, a Kenyan based company, today announced it has raised $2million in Seed funding, led by Mac Venture Capital (www.MaCVentureCapital.com). Mac Venture Capital is a US based seed-stage venture capital firm that invests in technology startups leveraging shifts in cultural trends and behaviors. Other participants include Next Chymia (www.Chymia.io) an Asian private firm that focuses on blockchain based companies.
Afya Rekod is a health data platform that focuses on the patient and allows both patients and health facilities to capture, store and access the mobility of the patients health data.
Afya Rekod has seen interest from various health parties in Africa, Europe, Asia and the United States increase significantly since its launch in April 2020. Amidst the pandemic outbreak, health data has become one of the most urgent issues for health management globally.
For providers, the platform has multiple functionalities like hospital management, patient management, knowledge management and inventory management. For patients, the platform enables recording of health data and provides access to medical intervention. Additionally, the platform aggregates information on pharmacies and other key resources to allow easy accessibility.
Afya Rekod founder, John Kamara 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 centered 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 and is accessed via an app (android and ios) and web portal via www.AfyaRekod.com. Afya Rekod’s key partnerships include The Association of Sisterhoods of Kenya (AOSK) with 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 requires 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.
Distributed by APO Group on behalf of Afya Rekod.
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About Afya Rekod:
Afya Rekod is a health record management platform built to assist users with better healthcare services. The company’s platform allows organizations, health providers, and medical experts to interact and connect with patients, even remotely, in real-time whilst providing tools to store, manage and analyze health records as well as manage hospitals and facilities. Afya Rekod is a patient driven platform built on AI and blockchain to help patients and health providers access in real time the mobility of health data. Afya Rekod was founded in Kenya in 2019 and operates in Kenya, Nigeria, South Africa, Cameroon, Zambia and the United States.
About Mac Ventures:
MaC Venture Capital (www.MaCVentureCapital.com) is a seed-stage venture capital firm that invests in technology startups leveraging shifts in cultural trends and behaviors. Our diverse backgrounds in technology, business, government, entertainment, and finance allow us to accelerate entrepreneurs on the verge of their breakthrough moment. We provide hands-on support crucial for building and scaling category-leading companies, including operations strategy, brand building, recruiting, and mission-critical introductions.
About Adanian Labs:
Adanian Labs is a Pan African venture building studio with a mission to build, incubate and launch impact driven technology companies and entrepreneurs working to solve some of Africa’s most pertinent challenges. Adanian Labs uses smart technologies (AI and Blockchain) as building blocks to create solutions that are impact focused, commercially viable and scalable across Africa and other parts of the world. Currently the company has built 14 startups including in AgriTech, HealthTech, WomenTech, FinTech, AdTech, SmeTech and other industries; and has launched 2 centers of excellencies – AI Center of Excellence for Artificial Intelligence and The Africa Block Chain Center for Blockchain Technology. Adanian Labs is a partner of EMURGO Africa and is headquartered in Nairobi Kenya, with a presence in Nigeria, Tanzania, South Africa, Zambia, Swaziland and the United Kingdom.
Source: CNBC Africa