Helium Health

One Global Medical Technology Ltd. is a Nigerian company specializing in healthtech solutions that enhance healthcare delivery and patient management across Africa. Founded in 2015 in Lagos, Nigeria, One Global Medical Technology Ltd. operates through its primary product Helium Health, which streamlines healthcare operations.

The company has successfully completed three deals, with the most recent funding round being a Series B raised on June 5, 2023, amounting to USD 30. 000 mn. This funding was led by AXA IM Alts and included several notable investors. The founder's history is not provided in the public domain.

Helium Health is a leading provider of healthtech solutions in Africa, focusing on digital healthcare tools that enhance healthcare delivery and patient management. The company's primary offerings include HeliumOS, an operating system that streamlines daily healthcare operations, and HeliumDoc, which facilitates seamless interactions between healthcare providers and patients. These products address critical challenges in healthcare delivery, such as operational efficiency, patient engagement, and data management. Helium Health serves a diverse clientele, including over 500 healthcare providers, 10,000 health workers, and more than 1 million patients across various African markets, including Nigeria, Kenya, and Ghana.

Helium Health's revenue model revolves around its suite of digital health solutions, which encompasses both subscription-based services and direct partnerships with healthcare institutions. Income is generated through the deployment of its flagship products, HeliumOS and HeliumDoc, offered under annual subscription agreements. Additionally, Helium Health provides financing solutions like HeliumCredit and HeliumWallet, aiding healthcare providers in managing their financial transactions more effectively. These services support both B2B and direct-to-consumer transactions, emphasizing the company's commitment to improving healthcare financing and operational workflows in the region.

In June 2023, Helium Health raised USD 30. 000 mn in Series B funding led by AXA IM Alts, with participation from new and returning investors. The company plans to utilize this funding to strengthen its growth and advance its credit function, potentially introducing new products designed to enhance financial services for healthcare providers. Furthermore, Helium Health is targeting expansion into additional African markets, although specific regions and timelines have not been disclosed.