Healthtech Startup based in Nairobi has just raised $7350,000 in seed funds from angel investors.
Ilara Diagnosis raised this fund from the investment round, which had the participation of Nairobi-based Shaka VC, Chandaria Capital, the venture capital arm Chandaria Industries, Villgro Kenya as well as some angel investors.
Esther Dyson, Nijhad Jamal, Aadil Mamujee, Selma Ribica, and Shakir Merali made the list of angel investors that completed the round of funding.
The funds were disclosed by the CEO of the Ilara Emilian Popa who stated that
The major purpose of the funding is to build our data technology system and finance business operations,
Ilara Health sources tech-powered diagnostic equipment at affordable prices and make the same available to healthcare facilities who then pay for them over a period of time. Beyond making the devices available, Ilara bundles the devices and integrates them via a proprietary technology platform.
The startup had earlier gotten a $25k grant from the impact investment arm of the Columbia Business School — Tamer Fund for Social Ventures.
Established as an alternative to solve the complexity of medical facilities not having effective diagnosis equipment on the premise that most medical facilities especially the ones outside the cities — don’t have limited ability to perform medical diagnostics in their facilities. The startup is solving this by providing access to affordable lifesaving medical diagnostics to these facilities.