Dealflow | April 14, 2021

South Africa’s Quro Medical raises $1.1 million for tech-enabled home healthcare

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, April 14 – More than 80% of South Africa’s population, particularly the Black urban and rural poor, depend on the country’s s underfunded and understaffed public health system. Johannesburg-based Quro Medical is working to make affordable care at home an alternative to hospital stays for public insurance holders.

Quro’s services include video consultations, vital-sign monitoring and IV treatment for patients who would otherwise seek hospital admission, and home nursing for high-risk patients.

Nairobi-based seed-stage investor Enza Capital and South Africa-based Mohau Equity Partners backed the healthcare company’s $1.1 million round.

Public healthcare systems throughout Africa, including South Africa, have faced dire shortages of beds, staffing and supplies through the COVID-19 pandemic. The healthcare sector “desperately needs digital solutions to ease many of the problems experienced in it,” said Quro’s Zikho Pali.