Reliance HMO logo — Making health insurance affordable and accessible for the av...

Reliance HMO

Making health insurance affordable and accessible for the average African by integrating Telemedicine with data science for a cheaper, easier experience.

Founded 2016 8 employees Series B Total: $51.05M Health Care, Health and Wellness +4

General Information

Company Name Reliance HMO
Founded Year 2016
Employees 8
Industries Health Care, Health and Wellness, Insurance +3
Funding Stage Series B
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About Reliance HMO

Reliance HMO, established in 2016, is a health tech startup that aims to make health insurance more accessible and affordable for the average African. The company's slogan "Making health insurance affordable and accessible for the average African by integrating Telemedicine with data science for a cheaper, easier experience," reflects its mission to revolutionize the healthcare industry. RelianceHMO utilizes Telemedicine and data science to offer reliable and cost-effective insurance packages, thereby addressing the accessibility issue prevalent in the African health insurance market. Its latest milestone includes a substantial $40.00M Series B investment secured on 07 February 2022. Notable investors participating in this investment round include General Atlantic, Laerdal Million Lives Fund, Picus Capital, P1 Ventures, AAIC Holdings, M3, Tencent, and Partech. The company operates within the Health Care, Health and Wellness, Insurance, Mobile, Health insurance, and Life insurance sectors, positioning itself at the intersection of technology and healthcare to drive positive change in the African healthcare landscape.

Taxonomy: Health Insurance, Telemedicine, Affordable, Reliable, Africa, Accessible Healthcare, Insurance Packages, Medical Services, Affordable Healthcare, Healthcare Access, HealthTech, Innovation

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 8
Investor Investor Investor Investor Investor Investor
•••• ••••
07 Feb 2022
Series A •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
01 Jan 2020
Venture Round •••••• 2 •••• •••• 19 Dec 2019
Seed Round •••••• - 30 Jun 2017
Seed Round •••••• 4
Investor Investor Investor Investor
05 Mar 2017

View All 6 Funding Rounds

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FAQ About Reliance HMO

Making health insurance affordable and accessible for the average African by integrating Telemedicine with data science for a cheaper, easier experience.
Reliance HMO was founded in 2016.
Reliance HMO operates in the following industries: Health Care, Health and Wellness, Insurance, Mobile, Health insurance, Life insurance.
Reliance HMO has approximately 8 employees.
Reliance HMO has completed 6 funding rounds, raising a total of $51.05M. The latest funding stage is Series B.
Top alternatives and competitors to Reliance HMO include Agile Health Insurance, Innovative Health Insurance Advisors, Bedouin, Friday Health Plans, StretchDollar. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Reliance HMO and Agile Health Insurance 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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