About Waspito
Waspito is a company based in Douala (Cameroon) founded in 2020 by Jean Lobe Lobe.. Waspito has raised $5.2 million across 2 funding rounds from investors including Plug and Play Tech Center, Imperial Logistics and Newtown Partners. Waspito operates in a competitive market with competitors including Timesmed, Docs in Clouds and Pharma Dream, among others.
- Headquarter Douala, Cameroon
- Founders Jean Lobe Lobe
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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
$5.2 M (USD)
in 2 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Nov 22, 2023
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Investors
Plug and Play Tech Center
& 10 more
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Employee Count
Employee Count
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Funding Insights of Waspito
Waspito has successfully raised a total of $5.2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in November 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 Funding
- Total Rounds 2
- Last Round Seed — $2.5M
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First Round
First Round
(27 Mar 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Seed - Waspito | Valuation | Asia Africa Investment and Consulting , Health54 | |
| Mar, 2022 | Amount | Seed - Waspito | 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 Waspito
Waspito has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, Imperial Logistics and Newtown Partners. 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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Early-stage venture capital firm investing in technology startups.
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Founded Year | Domain | Location | |
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Saviu Ventures is focused on venture capital investments in Africa.
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Founded Year | Domain | Location | |
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Venture capital fund investing in healthcare startups
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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 Waspito
| 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 - Waspito
| 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 |
Waspito Comparisons
Competitors of Waspito
Waspito 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 Timesmed, Docs in Clouds and Pharma Dream, 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 |
Hosts a digital marketplace for healthcare services.
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| domain | founded_year | HQ Location |
Provides telemedicine platforms for remote consultations and patient care services.
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| domain | founded_year | HQ Location |
An online platform helping users find doctors, medicines, and pharmacies.
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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 Waspito
Frequently Asked Questions about Waspito
When was Waspito founded?
Waspito was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Waspito located?
Waspito is headquartered in Douala, Cameroon. It is registered at Douala, Littoral Region, Cameroon.
Who is the current CEO of Waspito?
Jean Lobe Lobe is the current CEO of Waspito. They have also founded this company.
Is Waspito a funded company?
Waspito is a funded company, having raised a total of $5.2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.7M, raised on Mar 27, 2022.
What does Waspito do?
Founded in 2020 in Douala, Cameroon, Waspito operates in the healthcare sector through an app-based telehealth platform. Consultations between healthcare providers and patients are facilitated via video communication tools. Patients access doctor searches, health forums, and discussion features, while providers receive support for electronic prescriptions and administrative tasks. Connections to pharmacies and laboratories are also integrated into the system.
Who are the top competitors of Waspito?
Waspito's top competitors include Timesmed, Docs in Clouds and Pharma Dream.
Who are Waspito's investors?
Waspito has 11 investors. Key investors include Plug and Play Tech Center, Imperial Logistics, Newtown Partners, Saviu Ventures, and Asia Africa Investment and Consulting.