Waspito, a Cameroonian e-health startup, has secured a $2.7 million seed funding round to accelerate growth in its home market and expand to Ivory Coast.
The investment round came from Launch Africa Ventures, Newtown Partners via the Imperial Venture Fund, BLOC Smart Africa managed by Bamboo Capital Partners, Orange Ventures, Saviu Ventures, Plug and Play, and BringCom.
Founded by Jean Lobe Lobe in 2020, Waspito connects users with medical doctors via instant video consultations from their smartphones. It also provides mobile laboratory services, with a lab technician collecting samples from a user’s home and results received digitally.
It has a health-focused social network where users can interact anonymously with medical doctors who provide preventive care tips and answers to questions. Additionally, Waspito has served more than 15,000 patients, and it plans to expand to 10 countries in the next four years.
“My incredible team has been making baby steps in the right direction and this additional funding will help accelerate execution,” said Lobe Lobe.
“We are proud of the pool of investors we were able to get on this round. Their experience and network will add value to our team as we continue this journey to solving Africa’s health care accessibility and affordability problem.”
