Health Insurance Startups in Africa
Overview Powered by AI
Health insurance is a rising star in Southern Africa. Players like Hygeia HMO, RelianceHMO, and CarePay are leading the charge with innovative solutions. Local business leaders see it as a crucial way to protect their employees and ensure a healthy workforce. The word on the ground is positive, with the industry projected for significant growth in the coming years.
Cummulative Funding
$183.3M+
Total # of Companies
13
Total Deal Count
37
Total M&A Count
0
Total # of Investors
79
List of Health Insurance startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Hygeia HMO is the West African provider of integrated healthcare. | Venture | $ 66,800,000 | 1984 | |
Reliance HMO provides Health Insurance in Nigeria for You, Family & Business. | Series B | $ 46,000,000 | 2017 | |
Revolutionizing healthcare in Nigeria with mobile technology. | Grant | $ 45,200,000 | 2015 | |
MicroEnsure is a specialist provider of insurance to the mass market with more than 42 million customers in markets across Africa, Asia and the Caribbean. | Venture | $ 10,400,000 | 2005 | |
Casava aims to make insurance affordable for income earners by leveraging technology. | Pre-seed | $ 4,200,000 | 2019 | |
Curacel is an AI-powered platform for claims processing and fraud management in Africa | Seed | $ 3,450,000 | 2017 | |
Jamii Africa is a mobile Micro-Health Insurance for the low income population. | Venture | $ 2,750,000 | 2012 | |
Susu offers a wide range of health services for families in the African Diaspora. | Non-equity Assistance | $ 2,200,000 | 2018 | |
Smart Medical Services is a technology-focused healthcare company, with a mission to provide a personalized healthcare journey in Egypt & beyond. | Venture | $ 1,200,000 | 2009 | |
Eden Care Medical is a Rwandan insurtech startup which offers accessible and personalised health coverage to businesses and their employees | Non-equity Assistance | $ 500,000 | 2021 | |
Signapps offers a secure communication solution for the medical, insurance, and hospital industry. | Seed | $ 480,655 | 2017 | |
The Medical Concierge Group (TMCG) is Africa's leading world-class digital health & telemedicine company | Seed | $ 200,000 | 2012 | |
roHealth is a platform that helps employers and employees make better health coverage decisions | Funding Round | Undisclosed | 2021 |
Founded
1984
Overview
Hygeia HMO is the West African provider of integrated healthcare.
Last round
Venture
Total raised
$ 66,800,000
Employee
51-100
Founded
2017
Overview
Reliance HMO provides Health Insurance in Nigeria for You, Family & Business.
Last round
Series B
Total raised
$ 46,000,000
Employee
51-200
Founded
2015
Overview
Revolutionizing healthcare in Nigeria with mobile technology.
Last round
Grant
Total raised
$ 45,200,000
Employee
201-500
Founded
2005
Overview
MicroEnsure is a specialist provider of insurance to the mass market with more than 42 million customers in markets across Africa, Asia and the Caribbean.
Last round
Venture
Total raised
$ 10,400,000
Employee
51-100
Founded
2019
Overview
Casava aims to make insurance affordable for income earners by leveraging technology.
Last round
Pre-seed
Total raised
$ 4,200,000
Employee
11-50
Founded
2017
Overview
Curacel is an AI-powered platform for claims processing and fraud management in Africa
Last round
Seed
Total raised
$ 3,450,000
Employee
2-10
Founded
2012
Overview
Jamii Africa is a mobile Micro-Health Insurance for the low income population.
Last round
Venture
Total raised
$ 2,750,000
Employee
1-10
Founded
2018
Overview
Susu offers a wide range of health services for families in the African Diaspora.
Last round
Non-equity Assistance
Total raised
$ 2,200,000
Employee
2-10
Founded
2009
Overview
Smart Medical Services is a technology-focused healthcare company, with a mission to provide a personalized healthcare journey in Egypt & beyond.
Last round
Venture
Total raised
$ 1,200,000
Employee
101-250
Founded
2021
Overview
Eden Care Medical is a Rwandan insurtech startup which offers accessible and personalised health coverage to businesses and their employees
Last round
Non-equity Assistance
Total raised
$ 500,000
Employee
2-10
Founded
2017
Overview
Signapps offers a secure communication solution for the medical, insurance, and hospital industry.
Last round
Seed
Total raised
$ 480,655
Employee
1-10
Founded
2012
Overview
The Medical Concierge Group (TMCG) is Africa's leading world-class digital health & telemedicine company
Last round
Seed
Total raised
$ 200,000
Employee
11-50
Founded
2021
Overview
roHealth is a platform that helps employers and employees make better health coverage decisions
Last round
Funding Round
Total raised
$ 0
Employee
11-50