Tech Company Financing Transactions

Remedial Health Funding Round

Remedial Health closed a $4.4 million Seed venture capital round on 9/20/2022. Investors included Global Ventures, Alumni Ventures and Cathexis Ventures.

Transaction Overview

Company Name
Announced On
9/20/2022
Transaction Type
Venture Equity
Amount
$4,400,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to accelerate its expansion across Nigeria and to provide access to credit for inventory purchases for its customer base of neighbourhood pharmacies, Proprietary Patent Medicine Vendors (PPMVs) and hospitals in the country, and expand across Africa in 2023.

Company Information

Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Henry Carr St. Ikeja Industrial Estate
Lagos, Undisclosed
Nigeria
Phone
Undisclosed
Email Address
Overview
The WHO estimates 100,000 deaths a year in Africa are linked to the counterfeit drug trade and over 30% of medicines sold in Africa are counterfeit. Remedial Health is fixing this, starting with Nigeria.
Profile
Remedial Health LinkedIn Company Profile
Social Media
Remedial Health Company Twitter Account
Company News
Remedial Health News
Facebook
Remedial Health on Facebook
YouTube
Remedial Health on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Samuel Okwuada
  Samuel Okwuada LinkedIn Profile  Samuel Okwuada Twitter Account  Samuel Okwuada News  Samuel Okwuada on Facebook
Chief Operating Officer
Victor Benjamin
  Victor Benjamin LinkedIn Profile  Victor Benjamin Twitter Account  Victor Benjamin News  Victor Benjamin on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/20/2022: DoorLoop venture capital transaction
Next: 9/20/2022: Headquarters venture capital transaction

 

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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