Reliance HMO
Making health insurance and healthcare accessible and affordable in emerging markets.
What it does
Founded in 2016 by Femi Kuti, Opeyemi Olumekun, and Matthew Mayaki, Reliance Health is a technology-driven healthcare company providing integrated health insurance (HMO), telemedicine services, partner clinic networks, and proprietary primary care centers in emerging markets. Starting in Nigeria, the startup raised a $40M Series B in 2022 to expand tech-enabled affordable healthcare across Africa.
Health / life / auto insurtechDigital insurance distributionClaims automationMicro-insurance
Known for
- Tech-enabled health insurance (HMO)
- RelianceCare app
- Integrated clinics
Model & industry
Insurance-as-a-ServiceEmbedded FinanceHealthcare
Funding history
$80.0M
Total raised
2
Rounds
Series B
Latest stage
2022
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2022-02 | Series B | $40.0M | General Atlantic |
| 2022-01 | Series B | $40.0M | General Atlantic |
Source: Condia Funding Tracker
Products & subsidiaries
Reliance HMO · Health Insurance PlatformRelianceCare App · Telemedicine App