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Home Funding

Quro Medical, an e-health startup in South Africa, has raised $1.3 million

Tech Gist Africa by Tech Gist Africa
05/13/2023
in Funding, Healthcare, Healthtech, News - South Africa, Startups
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Health tech startup Quro Medical

Health tech startup Quro Medical

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Quro Medical, an e-health startup based in South Africa, has secured $1.3 million in funding from the Mineworkers Investment Company (MIC).

Quro Medical, a company founded in 2018, has created a cheap and accessible hospital-at-home solution that combines cutting-edge technology and software with top-notch clinical care to manage critically ill patients in the convenience of their own homes. 

The business is creating the biggest virtual hospital ward in Africa in an effort to provide patients with better clinical results at a lesser cost than traditional treatment. 

“Our technology-enabled solutions are designed to provide seamless, patient-centric care that puts the patient first. We’re leveraging cutting-edge technology and evidence-based protocols to monitor patient health proactively, ensuring that every patient receives the best possible care in the comfort of their own home,” said Dr. Vuyane Mhlomi, Quro Medical’s co-founder and CEO.

Quro Medical launched Hospital at Home in 2020, which brings hospital-level treatment directly to eligible patients’ homes while maintaining a focus on clinical excellence and individual needs. 

The technology from Quro Medical lowers healthcare delivery costs by utilizing clinical treatments that are data-driven in real-time.

Over 1,000 patients have been effectively treated in their homes since the program’s debut, with similar or better clinical outcomes and a better patient experience.

Quro Medical will be able to expand its reach and enhance its technology with additional funding, leading to better healthcare outcomes and lower costs for both patients and clinicians.

 

Read more on Tech Gist Africa:

Maholla a South African rewards startup raises $1.5 million in seed funding

Paymenow, a South African startup that provides access to earned wages, receives a $14 million debt facility

Peach Payments, a fintech start-up in South Africa, has raised $31 million in a Series A round of funding

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