Reliance HMO

Making health insurance affordable and accessible for the average African by integrating Telemedicine with data science for a cheaper, easier experience.

General Information
Company Name
Reliance HMO
Founded Year
2016
Location (Offices)
+1
Founders / Decision Makers
Number of Employees
8
Industries
Health Care, Health and Wellness, Insurance +3
Funding Stage
Series B
Social Media

Reliance HMO - Company Profile

Reliance HMO, established in 2016, is a health tech startup that aims to make health insurance more accessible and affordable for the average African. The company's slogan "Making health insurance affordable and accessible for the average African by integrating Telemedicine with data science for a cheaper, easier experience," reflects its mission to revolutionize the healthcare industry. RelianceHMO utilizes Telemedicine and data science to offer reliable and cost-effective insurance packages, thereby addressing the accessibility issue prevalent in the African health insurance market. Its latest milestone includes a substantial $40.00M Series B investment secured on 07 February 2022. Notable investors participating in this investment round include General Atlantic, Laerdal Million Lives Fund, Picus Capital, P1 Ventures, AAIC Holdings, M3, Tencent, and Partech. The company operates within the Health Care, Health and Wellness, Insurance, Mobile, Health insurance, and Life insurance sectors, positioning itself at the intersection of technology and healthcare to drive positive change in the African healthcare landscape.

Taxonomy: Health Insurance, Telemedicine, Affordable, Reliable, Africa, Accessible Healthcare, Insurance Packages, Medical Services, Affordable Healthcare, Healthcare Access, HealthTech, Innovation

Funding Rounds & Investors of Reliance HMO (6)

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Funding Stage Amount No. Investors Investors Date
Series B $40.00M 8 Tencent, Partech 07 Feb 2022
Series A $6.00M 6 Partech 01 Jan 2020
Venture Round $5.00M 2 Tencent, Partech 19 Dec 2019
Seed Round Unknown - 30 Jun 2017
Seed Round $50.00K 4 05 Mar 2017

View All 6 Funding Rounds

Latest News of Reliance HMO

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No recent news or press coverage available for Reliance HMO.

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