HealthPlus

Lekki, Nigeria Founded: 1999 • Age: 27 yrs Acquired By mPharma
Patient consultations and online medical products are provided.
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About HealthPlus

HealthPlus is a company based in Lekki (Nigeria) founded in 1999 was acquired by mPharma in September 2022.. HealthPlus has raised $18 million across 1 funding round from investors including mPharma and Alta Semper. HealthPlus offers products and services including Prescription Medications and Vitamins and Supplements.

  • Headquarter Lekki, Nigeria
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Legal Name Healthplus Limited
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $18 M (USD)

    in 1 rounds

  • Latest Funding Round
    $18 M (USD), Series A

    Mar 27, 2018

  • Investors
    mPharma

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    mPharma

    (Sep 15, 2022)

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Products & Services of HealthPlus

HealthPlus offers a comprehensive portfolio of products and services, including Prescription Medications and Vitamins and Supplements. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Medications are dispensed for conditions such as chronic diseases and pain management

Supplements are provided for nutritional and immune support across various health needs

People of HealthPlus
Headcount 500-1000
Employee Profiles 28
Employee Profiles
People
Ifeoma Augusta Ogbodo
Branch Operations Manager
People
Eboh Onyeka
Pharmacy Manager
People
Ogechi Ibedionu
Community Pharmacist
People
Assumpta Uhegbu
Pharmacist

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Funding Insights of HealthPlus

HealthPlus has successfully raised a total of $18M through 1 strategic funding round. The most recent funding activity was a Series A round of $18 million completed in March 2018. 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 Rounds 1
  • Last Round Series A — $18.0M
  • First Round

    (27 Mar 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2018 Amount Series A - HealthPlus Valuation Alta Semper Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in HealthPlus

HealthPlus has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include mPharma and Alta Semper. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Alta Semper is engaged in frontier-markets private equity investments.
Founded Year Domain Location
Provider of pharmacy management services and software for stock management for patients and pharmacies
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by HealthPlus

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - HealthPlus

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Healthplus Comparisons

Employees
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Competitors of HealthPlus

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Healthplus

Frequently Asked Questions about HealthPlus

When was HealthPlus founded?

HealthPlus was founded in 1999 and raised its 1st funding round 19 years after it was founded.

Where is HealthPlus located?

HealthPlus is headquartered in Lekki, Nigeria. It is registered at Lekki, Lagos, Nigeria.

Is HealthPlus a funded company?

HealthPlus is a funded company, having raised a total of $18M across 1 funding round to date. The company's 1st funding round was a Series A of $18M, raised on Mar 27, 2018.

What does HealthPlus do?

HealthPlus was founded in 1999 and is headquartered in Lekki, Nigeria. Operations are conducted in the healthcare sector, where patient consultation services are delivered alongside the online sale of medical products. Access to these services is enabled through the domain healthplusnigeria.com. Retail and advisory functions are focused on supporting health needs within Nigerias market.

What products or services does HealthPlus offer?

HealthPlus offers Prescription Medications and Vitamins and Supplements.

Who are HealthPlus's investors?

HealthPlus has 2 investors. Key investors include mPharma, and Alta Semper.

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