Sasware, a Nigerian technology investment company has announced it has invested an undisclosed amount into Lagos-based health technology startup, Medismarts.
The investment sees Sasware take a significant minority stake in the health-tech startup.
Medismarts will use the funds to expand its medical cloud platform that integrates healthcare data.
The cloud platform, which aims to revolutionize healthcare management in Nigeria, unifies data management in the healthcare industry.
Medismarts also provides a secure unified platform that connects the players in the healthcare industry which places it in a unique position to become a major player in a tech-driven health management industry.
“We believe Sasware is the right partner for Medismarts. Their expertise and experience in technology business will no doubt help us grow the business and become successful,” says Damilola Oni, one of the brains behind Medismarts (the other is Obinna Osuji)
To date, Medismarts has connected about 100 hospitals and 25,000 patients on its platform for free.
Sasware, which provides seed fund, mentoring and co-entrepreneurship for tech startups, is a subsidiary of 2014-founded Signal Alliance, an IT provider and an end-to-end system integrator.