Jacaranda Health
Grant in 2024
Jacaranda Health is a medical services provider in Kenya, specializing in maternal and child health. It operates clinics in underserved, peri-urban areas, offering high-quality, affordable care, including maternity services, general healthcare, and nursing mentorship. Jacaranda's services are designed to be patient-centered and cost a fifth of what private hospitals charge. Notably, the company has achieved a zero maternal mortality rate, significantly lower than Kenya's national average of 400 deaths per 100,000 births. Additionally, Jacaranda Health is involved in research and innovation to improve maternal and newborn health services.
Jacaranda Health
Grant in 2023
Jacaranda Health is a medical services provider in Kenya, specializing in maternal and child health. It operates clinics in underserved, peri-urban areas, offering high-quality, affordable care, including maternity services, general healthcare, and nursing mentorship. Jacaranda's services are designed to be patient-centered and cost a fifth of what private hospitals charge. Notably, the company has achieved a zero maternal mortality rate, significantly lower than Kenya's national average of 400 deaths per 100,000 births. Additionally, Jacaranda Health is involved in research and innovation to improve maternal and newborn health services.
Lori Systems
Series B in 2022
Lori Systems is a logistics platform based in Nairobi, Kenya, that connects transporters with cargo owners across Africa. Founded in 2016, the company also has offices in Mombasa, Uganda, and Lagos. Lori addresses a significant challenge in the African logistics sector, where up to 75% of product costs can be attributed to logistics, compared to only 6% in the United States. The platform provides a tech-enabled and operations-driven marketplace that enhances transparency, flexibility, reliability, and cost efficiency, achieving savings of over 18% for users. It offers real-time tracking of cargo, automated documentation, and streamlined payment processes, facilitating smoother goods transportation across the continent. Since its product launch in May 2017, Lori has experienced rapid growth, with a compounded monthly increase of 30%. The demand for its services continues to rise, supported by recent investments from prominent institutional and strategic investors. The company has also received recognition, including winning Techcrunch Battlefield Africa.
Tala is a global financial technology company focused on delivering accessible financial services to underserved populations in emerging markets, including Kenya, the Philippines, Mexico, and India. The company operates a mobile application that provides users with instant access to a range of financial services, such as credit, payments, savings, and transfers, effectively integrating digital and cash economies. Tala employs advanced data science and machine learning techniques to evaluate creditworthiness in real-time, allowing individuals without formal credit histories to receive personalized credit lines. This innovative approach helps bridge the financial inclusion gap for those in need of essential financial resources.
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