Kenya’s TIBU Raises Seed Funding Round
Kenyan e-health startup TIBU has announced it raised an undisclosed amount in a seed funding round to help it scale its operations. The funding comes from Blue Haven Initiative and Kepple Africa Ventures that is also a returning investor.
TIBU is a platform that brings decentralized primary outpatient care directly to patients. The startup was conceived in 2016 and launched in 2019 by Jason Carmichael who is TIBU’s chief executive officer (CEO). The startup aims to connect people to healthcare workers in real-time, who deploy to a location and time of the patient’s choosing.
Since its launch, the startup has served over 10,000 patients, rolled out a comprehensive home-based vaccination service alongside Amref Health Africa, launched health packages focused on chronic diseases, and secured a variety of key partnerships.
Jason Carmichael, TIBU’s chief executive officer (CEO) and co-founder speaking with Disrupt Africa stated that the startup has a variety of plans for the cash which includes expanding into a tech-driven home-based sample collection market, the establishment of in-house lab capabilities, service expansion into home-based imaging, marketing, and business development. The startup also plans a Series A round by September 2022.
“The proceeds from this round will be used to source great local software engineering talent so that we can build a globally competitive back-end that focuses on health service logistics, as well as a front-end platform that will allow for a more streamlined user experience when scheduling our many services,” Carmichael said.