Nigeria’s Remedial Health Raises USD 1 Mn Pre-Seed Funding

Nigerian startup Remedial Health has raised USD 1 Mn in pre-seed funding to accelerate its growth and drive the expansion of its BNPL offering, as it also confirms its participation in the W22 batch of the Silicon Valley-based Y Combinator accelerator. 

The round was led by Global Ventures and Ventures Platform, with participation from Ingressive Capital, Voltron Capital, and angel investment from Flutterwave’s Olugbenga “GB” Agboola, Victor Asemota, Opeyemi Awoyemi’s Angel Syndicate Fund, and other investors. 

Remedial Health delivers a range of technology solutions that make it easier for healthcare providers to access affordable and genuine retail medicines, consumables, and medical devices from manufacturers and distributors. The funding will be used to roll out its digital procurement and patient medication records platforms and make it easier for neighborhood pharmacies and Proprietary Patent Medicine Vendors (PPMVs) to access affordable and authentic retail medicines. The startup also plans to expand into more states in Nigeria.