By Brendon Petersen
Kenyan based healthtech startup, Afya Rekod, has raised $2 million (R30 608 600,00) in seed funding. The round was led by Mac Venture Capital, a US based seed-stage venture capital firm that invests in technology startups leveraging shifts in cultural trends and behaviours. Other participants include Next Chymia an Asian private firm that focuses on blockchain based companies.
Afya Rekod is a decentralised, patient driven health data storage platform built on AI and Blockchain technology that allows users to store their health records, the medication they take, run symptom checks, as well as keep a regular journal on the status of their health and that of their families, access first line consultation from certified doctors and verified health content and information.
The platform has seen interest from various health parties in Africa, Europe, Asia and the United States increase significantly since its launch in April 2020. Amidst the pandemic outbreak, health data has become one of the most urgent issues for health management globally.
A total of US$61.982 million was raised by African healthtech companies in H1 2021 across a total of 15 deals.
For providers, the platform has multiple functionalities like hospital management, patient management, knowledge management and inventory management. For patients, the platform enables recording of health data and provides access to medical intervention. Additionally, the platform aggregates information on pharmacies and other key resources to allow easy accessibility.
Afya Rekod founder, John Kamara said, “For the past one and a half years, we’ve singularly focused on building a dynamic platform that streamlines health records with analytics and provides access to specialised clinics and experts. This delivers high quality healthcare in a way that is critical for this moment. We are very excited about this investment as it will help us grow in key markets in our journey to become the leading patient mobility focused health platform in the world. Our mission is to empower patients by giving them access to their health data and to connect with the health ecosystem including hospitals, pharmacies, insurance and beyond.”
Afya Rekod has over 150,000 users in 5 countries and is accessed via an app (currently only on Android with an iOS app “coming soon”) and the web. Key partnerships include The Association of Sisterhoods of Kenya (AOSK) with over 500 hospitals across Kenya; Healthy Mind Foundation to train psychiatrists in Lagos Nigeria; and Alchemy in South Africa to onboard private and public hospitals in Southern Africa.