Nigeria's Blueroomcare raises pre-seed to improve mental health access
TLDR
- Blueroomcare, Nigerian healthtech startup, secures pre-seed funding from EHA Ventures, TVC Labs, and Innovest Africa.
- Funding to boost technology and service expansion within and beyond Nigeria for Blueroomcare, offering online therapy with licensed professionals.
- Blueroomcare's platform provides a wide range of mental health services like grief counseling, addiction recovery, stress management, and more, all covered by insurance.
Blueroomcare, a Nigerian healthtech startup, has closed an undisclosed pre-seed funding round led by EHA Ventures, with participation from TVC Labs and Innovest Africa.
The funding will enable the company enhance its technology and pilot services in Eastern and Southern Africa. Founded in 2022, Blueroomcare is an online therapy platform that offers text, video, or voice chat-based sessions, connecting users with licensed therapists and mental health professionals.
The platform provides a variety of mental health services, including grief counseling, group therapy, trauma-focused therapy, addiction recovery, family-based therapy, stress and anxiety management, relationship therapy, couples therapy, and psychiatry. These services are covered by insurance.
Key Takeaways
While Blueroomcare competes with various healthtech firms such as MyTherapistng and Akoma Health, the company primarily serves insurance members, unlike its competitors that target direct-to-consumer markets. Blueroomcare's innovative approach to delivering mental health care has attracted thousands of users in Nigeria. The company claims to be the largest insurance-covered therapy service in Africa, with over 2 million Africans covered. It partners with several health maintenance organizations (HMOs), including Reliance, AXA, Leadway, and Tangerine.
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