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African Startup Funding Tracker

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Rwanda’s Eden Care Selected For YC Accelerator S23 Batch
Rwanda’s Eden Care Selected For YC Accelerator S23 Batch

Rwandan insurtech startup Eden Care, which offers affordable, accessible, and personalized health coverage to businesses and their employees, is, so far, the only African company confirmed as a participant in the S23 batch of the renowned Silicon Valley-based Y Combinator accelerator. The startup will receive USD 500 K as per YC’s new standard deal.

Eden Care’s approach leverages technology and data science to help members seamlessly navigate the healthcare system. For employers, Eden Care provides a dashboard that simplifies managing your team’s cover in a few simple clicks compared to the dozens of emails and calls it currently takes to manage an employee’s cover. Eden Care’s wellness-first cover helps employers attract and engage employees and keeps them happy and healthy, improving employee productivity.

Last year, the startup successfully raised pre-seed funding from DOB Equity, Seedstars International, and other investors. Building on this achievement, they have recently added to their financial backing after being chosen as the first-ever Rwandan company to participate in the esteemed Y Combinator program. This milestone provides them with the opportunity to enhance their growth trajectory and explore new avenues with increased resources.