About Eight Medical
Eight Medical is a company based in Lagos (Nigeria) founded in 2021 by Ibukun Tunde Oni.. Eight Medical has raised $200 thousand across 2 funding rounds from investors including The Catalyst Fund and Techstars. Eight Medical operates in a competitive market with competitors including Priority Ambulance, Garuda Indonesia, Ambuiberica, HelpNow and Amblea, among others.
- Headquarter Lagos, Nigeria
- Founders Ibukun Tunde Oni
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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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Total Equity Funding
$200 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
The Catalyst Fund
& 1 more
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Employee Count
Employee Count
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Funding Insights of Eight Medical
Eight Medical has successfully raised a total of $200K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(11 Jan 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Eight Medical | Valuation |
investors |
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| Jan, 2023 | Amount | Seed - Eight Medical | 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 Eight Medical
Eight Medical has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include The Catalyst Fund and Techstars. 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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Pre-seed funding and acceleration are provided to technology companies.
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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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 Eight Medical
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Eight Medical
| 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 |
Eight Medical Comparisons
Competitors of Eight Medical
Eight Medical 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 Priority Ambulance, Garuda Indonesia, Ambuiberica, HelpNow and Amblea, 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 |
Non emergenecy transport and life support services
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| domain | founded_year | HQ Location |
Passenger flights are operated domestically and internationally from Indonesia.
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| domain | founded_year | HQ Location |
Provider of road ambulance services
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| domain | founded_year | HQ Location |
Provider of road ambulance services
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| domain | founded_year | HQ Location |
Medical transportation solutions are provided for patients in France.
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| domain | founded_year | HQ Location |
Ambulance services and medical transport are provided nationwide.
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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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Frequently Asked Questions about Eight Medical
When was Eight Medical founded?
Eight Medical was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Eight Medical located?
Eight Medical is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Who is the current CEO of Eight Medical?
Ibukun Tunde Oni is the current CEO of Eight Medical. They have also founded this company.
Is Eight Medical a funded company?
Eight Medical is a funded company, having raised a total of $200K across 2 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Jan 11, 2023.
What does Eight Medical do?
Eight Medical was founded in 2021 in Lagos, Nigeria, by Ibukun Tunde Oni, who serves as CEO. Operations focus on the healthcare sector, specifically emergency medical transportation. Services include rapid response and patient transfer via ambulances across urban and regional areas. The company addresses critical gaps in emergency care within Nigerias growing medical infrastructure, with activities centered in Lagos and surrounding regions.
Who are the top competitors of Eight Medical?
Eight Medical's top competitors include Priority Ambulance, Garuda Indonesia and Ambuiberica.
Who are Eight Medical's investors?
Eight Medical has 2 investors. Key investors include The Catalyst Fund, and Techstars.