Negosyante News

April 25, 2024 5:46 pm

$1.2 Million in Funding Secured by PH Mobile Healthcare Startup Zennya

IMG SOURCE: Philippine Primer

Zennya, a Philippine mobile healthcare startup, has secured funding amounting to $1.2 million or ₱72 million for its growth and expansion nationwide.

Foxmont Capital Partners, DayOne Capital Ventures, and Ignite House of Innovation were the companies that led the latest round of funding. Prominent investors from the Philippines and Thailand also participated.

Zennya was founded in 2016 with the goal of providing wellness and medical services at home. This includes virtual consultations and medical tests administered by medical professionals. Recently, the platform has also begun offering COVID-19 tests and blood tests, among other services.

The startup plans to expand its services to all major cities in the country with the capital it has acquired. Currently, Zennya is operating in Metro Manila but it’s also getting ready to launch in Cebu by June. Talent acquisition, technology, and business development are also among the key areas that the startup is aiming to use the funds on.

“We look forward to expanding this year to provide nationwide coverage while preparing for regional expansion, doubling down on our end-to-end home health service delivery technology platform,” said founder and CEO of Zennya David Foote.

From the fourth quarter of 2020 to the first quarter of 2021, the startup has seen mobile number activations grow by 84%, the number of patients served increased by 110%, and repeat customers increased by 121%.

 

Source: Rappler

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