About Avenue Healthcare
Avenue Healthcare is a company based in Nairobi (Kenya) founded in 1995 was acquired by The Abraaj Group in September 2017.. Avenue Healthcare operates in a competitive market with competitors including Mediheal Group, Jumuia Friends Hospital, Melchizedek Hospital, LifeCare Hospitals and RFH Healthcare, among others.
- Headquarter Nairobi, Kenya
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$12.7 M (USD), Debt – Conventional
May 09, 2023
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Investors
International Finance Corporation
& 1 more
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Employee Count
Employee Count
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Acquired by
The Abraaj Group
(Sep 11, 2017)
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Funding Insights of Avenue Healthcare
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $12.7M
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First Round
First Round
(09 May 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Debt – Conventional - Avenue Healthcare | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Avenue Healthcare
Avenue Healthcare has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include International Finance Corporation and The Abraaj Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Private equity investments are managed in emerging markets globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Avenue Healthcare
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Avenue Healthcare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Avenue Healthcare Comparisons
Competitors of Avenue Healthcare
Avenue Healthcare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mediheal Group, Jumuia Friends Hospital, Melchizedek Hospital, LifeCare Hospitals and RFH Healthcare, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operates a chain of multi-specialty hospitals providing comprehensive care.
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| domain | founded_year | HQ Location |
A chain of multi-specialty hospitals is operated in Nairobi, Kenya.
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| domain | founded_year | HQ Location |
Multispecialty hospitals are operated as a chain in Kenya.
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| domain | founded_year | HQ Location |
Chain of multispecialty hospitals
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| domain | founded_year | HQ Location |
Healthcare solutions are offered across diverse medical fields.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Avenue Healthcare
Frequently Asked Questions about Avenue Healthcare
When was Avenue Healthcare founded?
Avenue Healthcare was founded in 1995 and raised its 1st funding round 28 years after it was founded.
Where is Avenue Healthcare located?
Avenue Healthcare is headquartered in Nairobi, Kenya.
What does Avenue Healthcare do?
Avenue Healthcare was established in 1995 in Nairobi, Kenya, within the healthcare sector. A network of multi-specialty hospitals is managed, offering services across general medicine, surgery, and specialized treatments such as cardiology and orthopedics. Operations are conducted primarily in urban areas of Kenya, with facilities equipped for inpatient and outpatient care. The companys online presence is maintained through avenuehealthcare.com, supporting patient access and information dissemination.
Who are the top competitors of Avenue Healthcare?
Avenue Healthcare's top competitors include RFH Healthcare, Melchizedek Hospital and Jumuia Friends Hospital.
Who are Avenue Healthcare's investors?
Avenue Healthcare has 2 investors. Key investors include International Finance Corporation, and The Abraaj Group.