Waspito, founded in 2020 by Jean Lobe Lobe, connects users with doctors via rapid video sessions from their smartphones. It also offers mobile laboratory services, in which a lab professional collects samples from a user’s house and sends the results to them through email.
Waspito has serviced over 15,000 patients to date, and it hopes to grow to ten countries in the next four years. It also includes a health-focused social network where users may engage anonymously with medical specialists who provide preventive care suggestions and answers to inquiries.
An oversubscribed US$2.7 million seed round led by Newtown Partners via the Imperial Venture Fund, Launch Africa Ventures, BLOC Smart Africa managed by Bamboo Capital Partners, Saviu Ventures, Orange Ventures, BringCom and Plug and Play will fund the first stage of this expansion, which will see the company expand its coverage across Cameroon and launch in Ivory Coast.
Waspito will also increase its service offering as it works to connect Africa’s healthcare ecosystem online in order to alleviate the continent’s medical doctor shortage and other healthcare system difficulties.
“My fantastic team has been taking baby steps in the right way,” Lobe Lobe said, “and this additional cash will assist expedite execution.”
“We’re pleased with the number of investors we were able to get for this round. As we continue on our path to solve Africa’s healthcare insurance, accessibility and affordability dilemma, their experience and network will be invaluable to our team.”
Techbuikd’s Take
AI-based technologies, like cloud-based software and healthcare apps, are being intensively researched and developed by MedTech businesses.
These innovations have the power to transform the MedTech market by assisting clinical decision-making and disease early detection.
Waspito is one of such medtech platforms influencing the sector and with this recent funding, it is sure to further improve the already changing healthcare sector in not just its parent company, Cameroon, but in Africa as a whole.
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