Startups
We improve business to business access to medicines by providing such medicines from manufactures/registered distributors direct to large and small healthcare retail businesses (large pharmacies and remote chemist/PPMVs (Patent and Proprietary Medicine Vendors)) using technology to deliver just-in-time stock and provide financing and a wide selection of inventory to such retail business.
Overview
Location
United States, Delaware, Newark
Employees
51-200
Total raised
$17.4M
Founded date
2019
Investors 5
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Resilience17 | resilience17.com | |
| Aug 2, 2023 | QED Investors | qedinvestors.com |
| Feb 14, 2022 | Y Combinator | ycombinator.com |
| Cathexis Ventures | cathexis.ventures |
Funding Rounds 3
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Sep 24, 2022 | Seed round | $4.4M | |
| Feb 17, 2022 | Pre-seed round | $1M |
Mentions in press and media 21
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Aug 5, 2023 | Remedial Health, based in Nigeria, secures US$12 million in a debt and equity funding round | Remedial Health, a Nigerian e-health startup that creates solutions to increase the effectiveness of Africa’s pharmaceutical value chain, has raised $12 million in a round of equity and loan financing. The US-based venture capital firm QED ... |
| Aug 1, 2023 | Remedial Health Raises $12M in Equity and Debt Funding | Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient starting with Nigeria, secured $12m in an equity and debt funding. The $8m Series A equity funding round was led by QED... |
| Aug 1, 2023 | Remedial Health raises $12 million in Series A round | In Nigeria, four out of ten packs of medicine sold are counterfeits. While counterfeit drugs sabotage the local pharmaceutical industry and compromise the treatment of diseases, Remedial Health, a Nigerian health tech startup, is addressing... |
| Aug 1, 2023 | Remedial Health raises $12 million to deliver financial services for neighbourhood pharmacies | Share this: Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to email a link to a friend (Op... |
| Jul 31, 2023 | Nigeria’s Remedial Health gets QED backing in $12M round | Remedial Health, a Nigerian startup digitizing pharmacies and bringing efficiency to the pharmaceutical value chain, has raised $12 million Series A equity-debt funding, to scale operations in the West African country. Fintech VC firm QED I... |
| Sep 24, 2022 | Remedial Health, a Nigerian healthtech startup, receives $4.4 million in seed funding | Remedial Health has raised $4.4 million in seed funding, a health-tech startup that creates solutions to improve the effectiveness of Africa’s pharmaceutical value chain. Global Ventures led the seed round of funding. In addition to Tencent... |
| Sep 20, 2022 | Remedial Health Raises $4.4M in Seed Funding | Remedial Health, a Lagos, Nigeria-based healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, raised $4.4m in seed funding. The round was led by Global Ventures, with participation from Tence... |
| Sep 20, 2022 | Nigeria’s YC-backed Remedial Health raises $4.4M seed funding | Early this year, Nigerian health-tech startup Remedial Health announced plans to scale within the West African country digitizing pharmacies and bringing efficiency in the pharmaceutical supply chain after raising seed funding. The YC-backe... |
| Sep 20, 2022 | Remedial Health raises $4.4 million in seed funding | Okwuada and Benjamin Image Source: Remedial Health Nigeria has a long-standing battle with counterfeit drugs. In 2002, a study by the National Agency for Food and Drug Administration and Control (NAFDAC) found that nearly 41% of pharmaceuti... |
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FAQ about Remedial Health (YC W22)
When was Remedial Health (YC W22) founded?
Remedial Health (YC W22) was founded in 2019.
How much funding has Remedial Health (YC W22) raised?
Remedial Health (YC W22) has raised $17.4M in total across 3 funding rounds.
What funding rounds has Remedial Health (YC W22) raised?
Parsers VC lists 3 funding rounds of Remedial Health (YC W22), among them a seed round of $4.4M on Sep 24, 2022 and a pre-seed round of $1M on Feb 17, 2022.
Who has invested in Remedial Health (YC W22)?
Parsers VC lists 5 investors of Remedial Health (YC W22), among them QED Investors, Y Combinator and Resilience17.
What has the press written about Remedial Health (YC W22)?
Parsers VC has collected 21 articles mentioning Remedial Health (YC W22), among them “Remedial Health, based in Nigeria, secures US$12 million in a debt and equity funding round” (Aug 5, 2023) and “Remedial Health Raises $12M in Equity and Debt Funding” (Aug 1, 2023).
Is Remedial Health (YC W22) still active?
Yes, Remedial Health (YC W22) is active; its latest activity on Parsers VC dates from Aug 7, 2023.