Nigerian healthtech startup CribMD has closed $2.6 million in a seed round for product growth and improvement, sales/marketing and team expansion.
CribMD was launched in June 2020 by Ifeanyi Ossai, Ngiri Michael and Lorna Mae Johnson. The company describes itself as “Uber for doctors” and operates in Africa where there is a shortage of primary health care providers.
It is a digital health consultation platform that gives users direct access to medical practitioners at an affordable rate. It provides doctor home visits, virtual medical sessions and an online pharmacy.
A pre-seed round worth $250,000 was raised to get the business started. In February 2021, an initial investment of $100,000 was raised by Sputnik ATX, a US-based accelerator.
The seed round was closed by Sputnik ATX; Swedish accelerator, Norrsken; and mass media company, The Guardian Nigeria. This brings the total investment of the startup to $2.85 million. Due to investor interest, they exceeded their $2million target.
The startup intends to expand its partner network and current team of 36 professionals with this fund. It is also looking at different service delivery features to provide easy-to-use services.