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§ Private Profile · Nigeria
Cloud-based EHR and hospital management solutions for emerging markets, focused on healthcare data and financing.
Helium Health has raised $42.0M across 3 funding rounds.
Key people at Helium Health.
Helium Health was founded in 2016 by Dimeji Sofowora (Founder/COO).
Helium Health has raised $42.0M in total across 3 funding rounds.
Helium Health, based in Lagos, Nigeria, provides cloud-based electronic health records (EHR) and hospital management solutions tailored for emerging markets, including payment systems and healthcare financing via HeliumCredit. The company has built Africa's largest healthcare data repository, managing over 1 million health records and serving more than 300 facilities and 5,000 medical professionals. Helium Health has raised a total of $30 million in funding, including a $10 million Series A round in 2020, with backing from investors such as Y Combinator, AXA IM Alts, and Anne Wojcicki of 23andMe. With approximately 110 employees, the organization expanded its reach to the MENA region through the acquisition of Qatar-based Meddy in 2021. Helium Health was founded in 2016 by Adegoke Olubusi, Dimeji Sofowora, and Tito Ovia.
Key people at Helium Health.
Helium Health is Africa's leading healthcare technology provider, offering a comprehensive suite of digital health tools designed to improve healthcare delivery across the continent. Its flagship product, HeliumOS, is an electronic medical records (EMR) and hospital management information system (HMIS) tailored specifically for emerging African markets. The company serves hospitals, clinics, healthcare providers, payers, governments, and public health donors, addressing critical challenges such as digitizing patient records, streamlining hospital workflows, enabling access to business loans for healthcare providers through HeliumCredit, and supporting public health strategies. Helium Health has built one of the largest healthcare data repositories in Africa, with over 1 million health records, demonstrating significant growth and impact in digitizing healthcare operations across the region[1][2][3].
Founded in 2016 by Adegoke Olubusi (CEO) and Dimeji Sofowora (COO), Helium Health emerged from the founders' deep understanding of the African healthcare landscape and a shared vision to improve healthcare access and quality through technology. The idea was born out of the need to address the fragmented and paper-based healthcare systems prevalent in Africa. Early traction came from successfully deploying their EMR and HMIS solutions in Nigerian hospitals, which validated the demand for digital transformation in healthcare. Since its inception, Helium Health has evolved to include financing solutions and partnerships with governments and donors, expanding its influence across Africa[1][4].
Helium Health rides the global trend of digital health transformation, particularly in emerging markets where healthcare infrastructure is often underdeveloped. The timing is critical as Africa experiences rapid population growth, urbanization, and increasing demand for quality healthcare services. Market forces such as government digitization initiatives, donor funding for health, and the rise of mobile technology favor Helium Health’s integrated digital solutions. By enabling data-driven healthcare and financial access for providers, Helium Health influences the broader African healthtech ecosystem, setting standards for digital health infrastructure and fostering innovation in healthcare delivery[1][2][4].
Looking ahead, Helium Health is poised to deepen its penetration across Africa, leveraging its strong product suite and data assets to expand into new markets and healthcare segments. Trends such as AI-driven diagnostics, telemedicine, and health financing will likely shape its growth trajectory. The company’s influence may evolve from a technology provider to a critical healthcare infrastructure partner, driving systemic improvements in healthcare access and outcomes across Africa. Its continued collaboration with governments and donors will be pivotal in scaling public health impact, making Helium Health a cornerstone of Africa’s digital health future[1][3][4].
Helium Health has raised $42.0M across 3 funding rounds. Most recently, it raised $30.0M Series B in June 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2023 | $30M Series B | — | Angel Labs, Asia Africa Investment & Consulting (aaic), AV8 Ventures, B Capital Group, Cantos Ventures, ALI Tamaseb, Global Ventures, Maven Ventures, Y Combinator, Anne Wojcicki, Tony XU, Angaza Capital, Jonathan Dean, Capria Ventures, Flat World Partners, LCY Group, Ohara Pharmaceutical, Reliance Health, Tencent Holdings, Western Technology Investment | Announced |
| Apr 1, 2020 | $10M Series A | Asia Africa Investment & Consulting (aaic), Global Ventures | Angel Labs, AV8 Ventures, Cantos Ventures, Y Combinator, Anne Wojcicki, Tony XU, Tencent Holdings, Testmunk | Announced |
| Nov 14, 2018 | $2M Venture Round | — | — | Announced |
Helium Health was founded in 2016 by Dimeji Sofowora (Founder/COO).
Helium Health has raised $42.0M in total across 3 funding rounds.
Helium Health's investors include Angel Labs, Asia Africa Investment & Consulting (AAIC), AV8 Ventures, B Capital Group, Cantos Ventures, Ali Tamaseb, Global Ventures, Maven Ventures, Y Combinator, Anne Wojcicki, Tony Xu, Angaza Capital.
