Photo - Nadia by EligiusHealth
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Nadia by EligiusHealth

Telemedicine

Kenya
Market: Internet and IT, Medicine
Stage of the project: Operating business

Date of last change: 02.05.2020
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Idea

Nadia is an automated personal assistant that connect user with medical practitioners through Audio, Video and Chat at affordable rates. During the COVID19 crisis, we are boosting the social distancing efforts by offering people to visit a medical doctor from home.

Current Status

We have successfully completed our beta trial in Q1 of 2020 during which we have signed up 100+ medical doctors and 400+ users. Currently, we have moved towards acquisition of paying customers.

Market

Our entry market is Kenya but our larger TAM is focussed on all of Africa.

Problem or Opportunity

Long waiting times in hospitals cause people to lose on average 4 hrs in timely medical intervention and productive hours while there is a supply of doctors that could address it.

Solution (product or service)

Nadia is an automated personal assistant that provides access to quick medical attention for users remotely via web and mobile.

Competitors

Sasa Doc, traditional hospitals and clinics.

Advantages or differentiators

Nadia is a triage tool to get patients to the right place in the primary care system, our competitor SaSa Doc is not. We are more convenient and affordable with the only other competitor that does triaging which are the traditional hospitals and clinics. We connect users to medical doctors within 5 minutes on average to 15minutes maximum 80% of the time which is far more reliable than our competitors.

Finance

Currently we charge 350 Kenyan Shillings per 15min of a consultation on our product, this is a introductory price during the Corona criss so that we can save as many people as possible from contracting COVID19 on their way to or from the hospital or clinic. We will raise this up once the COVID19 crisis passes.

Business model

PayGo, we are adding subscription at the moment.

Money will be spent on

The money will be spent on heavy user education and marketing to prime our market for telemedicine usage. The Corona crisis has done a chunk of that for us. We will also scale the team by adding customer support staff and more developers to the tech team to keep up with the workload.

Offer for investor

$2 million for 15% equity on post money valuation of $13 million or we will negotiate a minimum amount for an investor with industry experience and contacts that translates into Nadia company growth.

Team or Management

Risks

Change in regulation. Currently, we adhere to international standards and are HIPAA compliant.

Incubation/Acceleration programs accomplishment

We are part of the MEST Africa Incubation program, operating out of the Nairobi Incubator at Pinetree Plaza, Nairobi Garage Building.

Won the competition and other awards

We are a regional champion of Kenya NGE impact and Hub Africa competition, we will be representing Kenya on the global stage in October 2020 in Casablance, Morocco.

Photos

Photo 1 - Telemedicine
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video