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Home Healthtech

BYON8, a Kenyan healthtech startup, has received $1.5 million in funding to expand its operations in Africa

Tech Gist Africa by Tech Gist Africa
08/11/2021
in Healthtech, Innovator of the Week, Investments, News - East Africa, Venture Capital
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BYON8

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BYON8, a Kenyan healthtech business, has acquired $1.5 million in seed funding backed by Danish early-stage investor People Ventures.

T&W Holding, a new investor, and Jellyfish also took part.

Josef Murad and Matias Murad founded BYON8 in 2015.

Its vision was to digitize the healthcare system, creating a platform where doctors could be easily reached by patients.

The startup strengthens healthcare processes by leveraging mathematical algorithms and medical AI to convert patient data into calculated diagnosis propositions, making it accessible to everyone, regardless of financial status.

BYON8 consists of two major services: a free symptom checker that allows users to enter their symptoms and determine what is causing them, and a paid symptom checker that assists users in determining what is causing their symptoms.

Booking appointments with licensed doctors and communicating with them via video or built-in chat.

“Having People Ventures lead our Seed round is a fantastic endorsement of the work we’ve done thus far, as well as the company’s continuous development and momentum. Josef Murad, MD, CEO and Co-Founder of BYON8, says, “This funding will be used to fuel our growth in emerging areas, starting with Kenya.”

With 4 billion people living in the globe without access to basic healthcare, a device like BYON8 has a huge chance to increase healthcare access, Murad added.

Claus Zibrandtsen, Managing Work at People Venture, said, “We are tremendously delighted to partner with BYON8 and support them on their vision to make healthcare a right, not a privilege.”

The platform asks the user a series of questions based on their medical history and present symptoms and then gives them feedback and guidance.

BYON8 can also keep track of users’ health information, lab reports, health care visits, and other important details.

 

Read more on Tech Gist Africa:

Quro Medical, a South African health-tech startup, has raised $1.1 million in a seed round to expand its hospital-at-home service

Yodawy, an Egyptian e-health startup, has raised $7.5 million in a Series B funding round

Redbird, a Ghanaian e-health startup, has raised $1.5 million in seed funding to expand access to rapid medical testing across Sub-Saharan Africa.

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Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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