Israeli Series 25m 57mLundentechcrunch
The 9M msa Capitalkeneoka for Techcrunch is an example of how a UK-based African startup company has grown from its humble beginnings to become a tech powerhouse. It has developed a vision for the future, hired key individuals and established clear investment objectives. Those key ingredients are what help make a tech startup successful.
Reliance Health, a Texas-Based Digital Health Company, Raised $40 Million Series B
Reliance Health is a Texas-based health care provider with operations in five states. Its growth has been impressive in the past few years and the company is poised for even greater gains as it aims to expand into new territories and markets. The company’s future plans include a major investment in healthcare technology, a move to expand its service offerings and a new initiative to help more people get covered.
About Reliance Health
Reliance Health, a digital healthcare provider, recently raised a $40 million Series B. In the two years since it first launched, the company has grown to over 200,000 users. Its two clinics in Lagos, Nigeria, offer telemedicine and a virtual medicine cabinet that allows customers to manage drug delivery and track symptoms like blood pressure and heart rate. The company plans to expand into new markets, and is already hiring a country manager in Egypt. Previously, the firm raised a $2 million seed round in 2017. Since its inception, Reliance has averaged 3.5x revenue growth over its two years in business.
This year, the company plans to expand into two or three countries. To date, it has launched in Nigeria, where it has two clinics and a staff of nearly 50. With the money it raises, Reliance plans to open another two or three clinics, expand its product lines and increase its employee count.
Reliance Health, a health insurance and digital healthcare company, has secured $40 million in Series B funding. The funds will be used to expand into new markets and develop new products and services. This includes bringing more health facilities and clinics to Nigeria and hiring top talent to scale its business.
The company’s mission is to provide affordable quality healthcare for individuals and businesses in emerging markets. It does this by using innovative technology and data science to break traditional barriers to health insurance and medical care. In addition to its insurance business, Reliance Health also operates a telemedicine platform. Currently, Reliance is serving 600 corporate clients and has impacted over 200,000 lives. Since its launch in 2016, the company has experienced average revenue growth of 3.5 times. As the organization continues to grow, Reliance plans to expand into several new countries and enter new product lines for Nigerians in diaspora.
SMBs – Why You Should Consider Getting Into the SMBs
The SMBs are gaining a lot of attention these days and it’s very good to see that people are finally able to make a mark in the tech industry. If you’re thinking of starting a company, there are some things you should know. You may be surprised to know that there are a number of advantages to starting a business that are available. These are some of the reasons why you should consider getting started today.