Fundraising Fox

Reliance Health

YC W17

Lagos, NG · Founded 2016 · 384 employees · 3 known investors

Reliance Health provides healthcare services combining medical expertise with technology for individuals and corporate customers in growing economies. The platform aims to make quality healthcare accessible, affordable, and integrated into daily life through a network of health providers.

Also known as Kangpe · RelianceHMO

Digital HealthHealthtechInsurTechHealth TechHealthcareHealth InsuranceNigeriaUnited States of AmericaAfricaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W17)

Reliance Health was founded in 2016 by Femi Kuti, Matthew Mayaki, and Opeyemi Olumekun.

FKFemi Kuti
Femi KutiinFounder/CEO
MMMatthew Mayaki
Matthew MayakiinCo-founder · Senior Vice President, Product and DesignMatthew Mayaki is a software engineer with over 5 years of industry experience who serves as VP Engineering at Reliance Health, overseeing the development and maintenance of the company's mobile and web platforms.
OO
Opeyemi OlumekunCo-founder

Board

TD
Tidjane DemeBoard director
CB
Christian BraunfischBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$48.3M disclosed across 2 rounds · 2020–2022

$8.3MraisedFeb 2022 · 33 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Opeyemi OlumekunDirector
  • Femi KutiExecutive Officer, Director
  • Tidjane DemeDirector
Offering amount
$8.3M
Amount sold
$8.3M
First sale
Mar 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$40MraisedFeb 2022 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tidjane DemeDirector
  • Opeyemi OlumekunDirector
  • Christian BraunfischDirector
  • Femi KutiExecutive Officer, Director
Offering amount
$40M
Amount sold
$40M
First sale
Jan 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

The YC application· Winter 2017 batch

Images

Reliance Health photo

Competitors · 2

by search overlap

Companies competing with Reliance Health for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Reliance Health do?
Reliance Health provides healthcare services combining medical expertise with technology for individuals and corporate customers in growing economies. The platform aims to make quality healthcare accessible, affordable, and integrated into daily life through a network of health providers.
Who founded Reliance Health?
Reliance Health was founded by Femi Kuti, Matthew Mayaki, Opeyemi Olumekun in 2016.
Who are Reliance Health's investors?
Reliance Health's investors include Asia Africa Investment & Consulting (AAIC), Ventures Platform, Y Combinator.
How much funding has Reliance Health raised?
Reliance Health has disclosed $48.3M raised across 2 rounds.
Where is Reliance Health headquartered?
Reliance Health is headquartered in Lagos, NG.