Kenya-based Healthtech Startup BYON8 Raises $1.5m Seed Round for African Expansion

Kenya-based Healthtech Startup BYON8 Raises $1.5m Seed Round for African Expansion

Sweden and Kenya-based digital health startup BYON8 has announced it raised $1.5m in seed capital to help it expand across Africa. The funding round was led by People Ventures, a Danish early-stage technology investor, and other investors including Jellyfish Invest and T&W Holding.

BYON8 was launched in October 2019, to digitize the health care system. The startup leverages its mathematical algorithms and medical AI to convert patient data into calculated diagnosis propositions, enhancing the healthcare procedure and customer experience regardless of their financial wealth.

Through its platform, users can book appointments with licensed doctors and communicate with them via video or built-in chat. The startup has handled over 3.5 billion patient cases and 100,000 rules.

Josef Murad, MD, CEO and Co-Founder of BYON8 said “Having People Ventures lead our Seed round is a great recognition of the work we have done so far and of the continued growth and momentum we are experiencing. This capital will be used to fuel our growth in emerging markets starting with Kenya”.

Claus Zibrandtsen, Managing Partner at People Venture also added that BYON8  has increased access to healthcare.

“With BYON8 people living around the world without access to basic healthcare, there is an incredible opportunity for a product like BYON8 to improve access to healthcare. We are incredibly excited to partner with BYON8 and support them on their mission to make healthcare a right, not a privilege” Claus said.