SonoCare, a Nigerian female health startup, has secured US$250,000 in funding from Gray Matters Capital to scale its operations by developing a mobile app and deploying more mobile units for catering to 200,000 pregnancies by 2020.
The startup was founded in 2015 to provide services that cover the spectrum of women’s health like on-demand mobile 3D/4D diagnostic imaging and cardiac monitoring. It is the first Nigeria startup to deploy a web and mobile resource for patient information transmission and interdisciplinary collaboration.
SonoCare has screened over 26,000 women from 17 rural communities and detected over 15,000 high-risk pregnancies.
The startup provides cost-efficient programmes scaled to the needs of hospitals, satellite clinics and healthcare providers using a combination of the most advanced imaging systems and highly trained, registered technologists as sonographers.
According to Dr. Moses Owoicho Enokela, Managing Director at SonoCare:
“We are excited to partner with GMC coLABS as our first institutional investor, as we both share the vision and passion to positively impact the lives of women. With this investment, we will be able to scale our operations through our mobile app in addition to deploying more mobile units. This will push us to reach our first 200,000 pregnancies by 2020 and to profitability.”
In addition, the Portfolio Manager for coLABS at Gray Matters Capital, Jenniffer Soltis said, “With its mobile diagnostic services, SonoCare detects pregnancy complications before they become threats to the lives of women, giving those in low resource areas a better chance for safer pregnancies and deliveries.”
Gray Matters Capital’s coLABS continues to accept applications from innovative and scalable for-profit, early-stage companies that improve the lives of women and girls with their products and services.