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Reliance Health
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Tech-enabled affordable telemedicine and insurance
Reliance Health
Work Here?
Tech-enabled affordable telemedicine and insurance
Overview
Reliance Health delivers affordable, accessible healthcare in emerging markets by combining subscription-based health insurance with telemedicine and a mix of partner and proprietary healthcare facilities. Its offerings are accessed through a technology-enabled platform that connects individuals and businesses to care, including online consultations and in-person services across its network. The company differentiates itself by targeting underserved populations with an integrated model that lowers costs and expands access—using technology to streamline insurance, telehealth visits, and facility access. The goal is to improve health outcomes for underserved communities by making healthcare cheaper and easier to obtain through a scalable digital-physical care network.
About Reliance Health
Industries
Data & Analytics
Enterprise Software
Financial Services
Healthcare
Company Size
501-1,000
Company Stage
Series B
Total Funding
$48.4M
Headquarters
Nigeria
Founded
2016
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Simplify's Take
What believers are saying
- Its February 2026 clinic pages show Abuja, Port Harcourt, Akowonjo, and Ikorodu openings.
- Northern Nigeria telemedicine adoption rose through April 2024, proving demand for remote care.
- The 2022 $40 million Series B still funds expansion, clinics, and product development.
What critics are saying
- July 2025 layoffs cut 106 staff, signaling pressure to hit breakeven immediately.
- Ex-employees reported weak expansion outside Nigeria, especially Egypt and Senegal, hurting growth.
- Clinic-heavy expansion raises fixed costs; a prolonged utilization slump threatens the business model.
What makes Reliance Health unique
- Reliance Health owns clinics, telemedicine, and insurance across Nigeria, not just software.
- Its July 2024 Northern Nigeria telemedicine reach served 2,000 patients and 5,000 consultations.
- General Atlantic backed its 2022 Series B, validating an integrated emerging-markets model.
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Funding
Total Funding
$48.4M
Below
Industry Average
Funded Over
4 Rounds
Y CombinatorIndustry standards
Benefits
Health Insurance
Unlimited Paid Time Off
Remote Work Options
Professional Development Budget
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -2%2 year growth
↑ 0%YC-backed Reliance Health reportedly laid off more than 100 employees earlier this year as it sought to break even.
Helium Health secured $10 million in Series A funding in 2020 and $30 million in Series B, while Reliance Health raised around $40 million in Series B.
Reliance Health has been named amongst the Top 3 midsize Workplaces in Connecticut, by the Hartford Courant since 2011.
In a groundbreaking initiative aimed at improving the lives of Nigerians living with diabetes, Reliance Health has joined ranks with Platos Health to complete a pilot study that showcases the transformative potential of health technology in managing chronic diseases.
There’s no denying the growth of health tech globally over the past three years thanks to the pandemic. The event has accelerated the use of telemedicine, virtual care and drug delivery, thus fuelling investor interest in the sector. Investment has also trickled down to Africa, with large checks going into growth-stage startups. Lagos- and Texas-based […]
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About Reliance Health
Industries
Data & Analytics
Enterprise Software
Financial Services
Healthcare
Company Size
501-1,000
Company Stage
Series B
Total Funding
$48.4M
Headquarters
Nigeria
Founded
2016
There are no jobs for Reliance Health right now.
Find jobs on Simplify and start your career today