LifeBank

LifeBank

We are digitising the supply chain for healthcare facilities in Africa.

Founded 2015 Nigeria

Nigeria 135 employees Grant Total: $375.00K Health Care

LifeBank is a Nigeria-based startup established in 2015, with a mission to digitize the supply chain for healthcare facilities in Africa. The company’s slogan "We are digitising the supply chain for healthcare facilities in Africa" aptly captures its essence. LifeBank's marketplace serves as a vital link connecting hospitals to essential medical products, utilizing a multimodal delivery system that ensures safe and swift distribution. Additionally, the startup has established strong partnerships with top-tier blood banks across the region, reinforcing its commitment to revolutionizing the African healthcare landscape. The latest investment of $50.00K came in the form of a grant investment on 05 October 2022, from Investing In Innovation Africa. The infusion of funds can potentially bolster LifeBank’s efforts to expand its operations, enhance technological infrastructure, and amplify its outreach within the healthcare industry. As an investor, this presents an opportunity to engage with a pioneering enterprise operating at the intersection of technology and healthcare, addressing critical needs in a rapidly evolving market. In summary, LifeBank's innovative approach and strategic positioning within the Health Care industry, along with the recent backing from Investing In Innovation Africa, underscore its potential for growth and impact. The startup's emphasis on leveraging digital solutions to address healthcare supply chain challenges in Africa positions it as a compelling prospect for venture capital involvement and underscores its potential to drive meaningful change within the healthcare landscape.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	$50.00K	1	Investing In Innovation Africa	05 Oct 2022
Non Equity Assistance	$100.00K	1	Google for Startups	06 Sep 2022
Non Equity Assistance	Undisclosed	1	Yale Africa Startup Review	31 Mar 2021
Series A	Undisclosed	-		01 Oct 2019
Seed Round	$200.00K	3	EchoVC Partners, Co-Creation Hub Nigeria +1	07 Feb 2018
Pre Seed Round	$25.00K	1	Co-Creation Hub Nigeria	01 Dec 2015

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

$50.00K

Investing In Innovation Africa

05 Oct 2022

Non Equity Assistance

$100.00K

Google for Startups

06 Sep 2022

Non Equity Assistance

Undisclosed

Yale Africa Startup Review

31 Mar 2021

Series A

Undisclosed

01 Oct 2019

Seed Round

$200.00K

EchoVC Partners, Co-Creation Hub Nigeria +1

07 Feb 2018

Pre Seed Round

$25.00K

Co-Creation Hub Nigeria

01 Dec 2015

FAQ About LifeBank

We are digitising the supply chain for healthcare facilities in Africa.

LifeBank was founded in 2015.

LifeBank is headquartered in Nigeria.

LifeBank operates in Health Care. Its work centres on healthcare supply chain, digitization, Africa healthcare and marketplace.

LifeBank has approximately 135 employees.

LifeBank has completed 6 funding rounds, raising a total of $375.00K. The latest funding stage is Grant.

Top alternatives and competitors to LifeBank include Biolog-id, Polar Speed, a UPS Company, GHX, Envi (IOS), CargoSense. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

LifeBank and Biolog-id are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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