Helium Health

Lekki, Nigeria Founded: 2015 • Age: 11 yrs
Electronic medical records software is provided for healthcare providers.
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About Helium Health

Helium Health is a company based in Lekki (Nigeria) founded in 2015 by Tito Ovia.. Helium Health has raised $42.17 million across 5 funding rounds from investors including Google, Tencent and AXA Investment Managers. Helium Health has completed 1 acquisition, including Meddy. Helium Health offers products and services including HeliumOS, HeliumDoc, HeliumCredit, HeliumWallet, and Public Health Data and Insights. Helium Health operates in a competitive market with competitors including athenahealth, Symplr, Notable, Lemon Healthcare and MedeAnalytics, among others.

  • Headquarter Lekki, Nigeria
  • Founders Tito Ovia
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $42.17 M (USD)

    in 5 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Jun 05, 2023

  • Investors
    Google

    & 18 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Helium Health

Helium Health offers a comprehensive portfolio of products and services, including HeliumOS, HeliumDoc, HeliumCredit, HeliumWallet, and Public Health Data and Insights. 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

Operating system simplifying healthcare operations for providers.

Platform enabling seamless provider-patient interactions.

Service providing long-term capital access for healthcare.

Tool simplifying billing processes in healthcare settings.

Supports data-driven decisions for health organizations.

People of Helium Health
Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Oghenetega Otojare
Head of Product
People
Dimeji Sofowora
Co-Founder & CFO
People
Goke Olubusi
Co-Founder & CEO
People
Ijeoma Oyeyinka
Head of HR

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Funding Insights of Helium Health

Helium Health has successfully raised a total of $42.17M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in June 2023. 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 5
  • Last Round Series B — $30.0M
  • First Round

    (01 May 2017)

  • Investors Count 19
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2023 Amount Series B - Helium Health Valuation AXA Investment Managers
May, 2020 Amount Series A - Helium Health Valuation Global Ventures , Asia Africa Investment and Consulting
Nov, 2017 Amount Seed - Helium Health Valuation Google
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 Helium Health

Helium Health has secured backing from 19 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Google, Tencent and AXA Investment Managers. 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
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm investing in applied generative AI
Founded Year Domain Location
-
Founded Year Domain Location
VC firm focused on early stage investments & offering advisory services
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 Helium Health

Helium Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Meddy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
An online platform for booking doctor's appointments is provided.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Helium Health

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

Helium Health Comparisons

Employees
+
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Competitors of Helium Health

Helium Health 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 athenahealth, Symplr, Notable, Lemon Healthcare and MedeAnalytics, 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
Cloud-based administrative tools for healthcare providers are offered.
domain founded_year HQ Location
Cloud-based administrative solutions for healthcare credentialing and compliance are offered.
domain founded_year HQ Location
Wearable device provided for capturing patient-doctor interactions.
domain founded_year HQ Location
Hospital management software is provided for patient care processes.
domain founded_year HQ Location
Healthcare analytics are delivered to enhance provider performance.
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 Helium Health

Frequently Asked Questions about Helium Health

When was Helium Health founded?

Helium Health was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Helium Health located?

Helium Health is headquartered in Lekki, Nigeria. It is registered at Lekki, Lagos, Nigeria.

Is Helium Health a funded company?

Helium Health is a funded company, having raised a total of $42.17M across 5 funding rounds to date. The company's 1st funding round was a Seed of $50K, raised on May 01, 2017.

What does Helium Health do?

Helium Health was founded in 2015 and is based in Lekki, Nigeria. Software for electronic medical records is offered in the health technology sector, with features including customizable notes, integration for labs and imaging, in-patient management, tracking for surgeries and procedures, an integrated pharmacy system, automated billing, and a patient portal. Operations support healthcare facilities primarily in Africa.

Who are the top competitors of Helium Health?

Helium Health's top competitors include athenahealth, Notable and Symplr.

What products or services does Helium Health offer?

Helium Health offers HeliumOS, HeliumDoc, HeliumCredit, HeliumWallet, and Public Health Data and Insights.

How many acquisitions has Helium Health made?

Helium Health has made 1 acquisition, including Meddy.

Who are Helium Health's investors?

Helium Health has 19 investors. Key investors include Google, Tencent, AXA Investment Managers, LCY GROUP, and Flat World Partners.

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