(Ecofin Agency) - Uganda-based Rocket Health, which offers telemedicine and home drug delivery services, announced it has raised $5 million in a Series A round to expand its digital health services. The company plans to expand across East Africa over the next two years.

The deal, led by investment firm Creadev, brings to about $6.2 million, the total funding secured by the health tech, since its inception in 2012. “We have been highly impressed by the creativity, tenacity, and vibrant culture of the Rocket Health team, who hold an ambitious vision for the future of African primary care. The opportunities are countless, from data analytics to innovative distribution channels,” Creadev said in a statement.

As a reminder, Rocket Health reported in August 2021 a nearly 500% increase in its teleconsultations. The company explained that covid-19 has helped accelerate advances in virtual consultations, in East Africa.

Davis Musinguzi, co-founder and CEO of the firm, said Africa is the region with the highest disease burden in the world with the lowest patient-to-physician ratio. Telemedicine is, according to him, one of the ways to overcome the lack of hospitals for all patients on the continent.

Chamberline Moko