South African Healthtech Startup RecoMed Raises Funding

RecoMed, a South African digital healthcare marketplace company, has raised new funding from the Japanese pharmaceutical firm Eisai. While the company has not disclosed the exact amount of funding raised, it is reportedly RecoMed’s largest funding round to date.

RecoMed offers online scheduling of healthcare appointments in South Africa and introduced a system that helps patients bypass unnecessary complexities and delays. Patients can search and browse practitioner profiles, check recommendations, and then book either physical or telehealth appointments using their mobile phones, tablets, or desktops. The healthcare marketplace company works with leading pharmacies, clinics, primary care, and hospital groups.

The funding will be used to create a cohesive digital patient healthcare journey focusing on key areas, particularly oncology and neurology. It will also be used will be used to make RecoMed the first digital connection to care platform to address breast cancer.