Helium Health: Story, Founders, Investors & Funding Rounds
Founded in 2016, Helium uses proprietary technology and data to empower healthcare providers to make better decisions, operate more efficiently, and improve patient outcomes. Wider healthcare stakeholders also benefit from Helium’s data-driven insights, leading to optimum resource allocation and oversight.
Helium has grown rapidly to date in Africa, solving the continent’s problems of fragmented markets, paper-based systems, and unreliable data. It has signed 500+ healthcare facilities, and 7,000+ medical professionals and facilitates 300,000+ patient visits each month. Helium’s customers also include the most reputable private & public healthcare institutions in West Africa.
Helium is led by a brilliant and talented management team with many years of combined experience in technology and healthcare. Chief Executive Officer and co-founder, Goke Olubusi, formerly of Goldman Sachs, is one of Africa’s most innovative entrepreneurs and has received multiple awards from the likes of Chevron, Northrop Grumman, Maryland State, Lockheed Martin, and others.
Helium’s co-founders include Dimeji Sofowora – Chief Financial Officer, and formerly of Goldman Sachs, and Tito Ovia – Head of Public Sector Growth, who has assisted organizations such as Orbis and Lagos State AIDS Control Agency to help people access better quality healthcare.
Since 2016, Helium Health has taken hospitals, clinics, and other health facilities digital almost instantly using our flagship Electronic Medical Records/Hospital Management Information System (EMR/HMIS) product.
Now, their intuitive and versatile suite of technologies is enabling Providers to utilize telemedicine and receive additional financing, Payers validate beneficiaries and process claims quicker, Patients take control of their care, and other Partners receive unprecedented epidemiological insights and real-world evidence, all resulting in a significantly better quality of care.
Today, Helium Health is the number one healthcare technology provider in West Africa, facilitating hundreds of thousands of encounters each month across the region.
They are inspired by a vision of a connected healthcare ecosystem across Africa that simplifies health access, making it easy for patients to get the care they need when they need it.
They are dedicated to empowering all healthcare stakeholders with actionable data and tools with which they can make informed decisions and transform global health.
They are also on a mission to make world-class healthcare a reality for the 6 billion people in emerging markets, and we’re determined to deliver this future.
How it Works
They give you all the tools—from clinical decision support and telemedicine to administration and financial management—necessary for the delivery of world-class healthcare to your patients, no matter your location and connectivity limitations.
They have a Modern technology platform with everything required to manage health schemes of any size and confidently fund health services.
Remain competitive in this digital age with their telemedicine solution. Have hassle-free consultations with your patients via video call, voice call, or chat, and eliminate the logistical limitations associated with providing in-person care.
Helium Health’s TeleClinic platform provides all you need to quickly and easily set up a thriving telemedicine practice.
Their Telemedicine platform keeps you at the cutting edge of healthcare delivery.
Accept payments from multiple sources, get paid faster, and seamlessly close outpatient invoices with their complete payments and revenue cycle management solution.
Additionally, you can streamline your facility’s billing and payment processes.
With HeliumCredit, financing your health facility has never been easier. Their proprietary Artificial Intelligence powered credit decisioning engine simplifies healthcare lending and offers quick, collateral-free loans to grow your practice.
Unlike traditional lending institutions, receiving a HeliumCredit loan is hassle-free.
Technology is Africa’s best chance at producing the speed and agility needed to monitor and contain disease outbreaks such as COVID-19.
Their end-to-end emergency response software strengthens disease surveillance and facilitates quick, data-driven responses.
Goke is one of Africa’s finest entrepreneurs at the forefront of technology disruptions across Africa.
A Johns Hopkins University alumni and previously an engineer at eBay, PayPal, and Goldman Sachs in the U.SMoke has a penchant for solving tough problems.
He served on the founding team of Africa’s leading social network with 30m+ users and received multiple honors/awards from Forbes, Chevron, Northrop Grumman, Lockheed Martin, etc.
Dimeji Sofowora is a co-founder at Helium Health.
Tito Ovia has a BSc in Biomedical Sciences from the University of Manchester and has spent time helping organizations like Orbis and Lagos State AIDS Control Agency.
Tito uses her invaluable experience to help Helium Health accelerate Africa’s transition to a technology-driven healthcare system.
Investors & Funding Rounds
Global Ventures, Asia Africa Investment, and Consulting, Tencent Holdings, Y Combinator, VentureSouq, HOF Capital, Ohara Pharmaceutical Co, Chrysalis Capital, Kairos Angels, Flying Doctors Healthcare Investment Company, Chandaria Capital.
Helium Health has raised a $10 million Series A round.
Helium plans to use the latest funding round to hire and expand to North and East Africa, including Kenya, Rwanda, Uganda, and Morocco, Olubusi confirmed on a call.
Helium Health’s model got the attention of the startup’s $10 million Series A backers and Silicon Valley accelerator Y-Combinator — which accepted the startup into its spring 2017 batch.
Global Ventures and Africa Healthcare Master fund co-led the investment with participation that included Tencent and additional Y-Combinator support.
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