Reliance Health Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 425

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 20

Reliance Health General Information

Description

Operator of a healthcare technology company intended to make healthcare more affordable and accessible. The company uses an integrated approach that includes affordable health insurance, telemedicine, and a combination of partner and proprietary healthcare facilities, enabling organizations, families, and individuals to eliminate their health worries with properly managed care.

Contact Information

Website
www.getreliancehealth.com
Formerly Known As
Kangpe
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 32 Lanre Awolokun Street
  • Gbagada
  • Lagos, Lagos 100234
  • Nigeria
+234 0700
Primary Industry
Enterprise Systems (Healthcare)
Other Industries
Other Healthcare Services
Clinics/Outpatient Services
Life and Health Insurance
Vertical(s)
Artificial Intelligence & Machine Learning, InsurTech
Corporate Office
  • 32 Lanre Awolokun Street
  • Gbagada
  • Lagos, Lagos 100234
  • Nigeria
+234 0700

Reliance Health Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Reliance Health Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Secondary Transaction - Private 01-Nov-2022 Completed Generating Revenue
6. Later Stage VC (Series B) 07-Feb-2022 Completed Generating Revenue
5. Later Stage VC (Series A) 01-Jan-2020 Completed Generating Revenue
4. Seed Round 31-Mar-2017 Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2017 Completed Startup
2. Accelerator/Incubator 12-Jul-2016 Completed Startup
1. Accelerator/Incubator Completed Startup
To view Reliance Health’s complete valuation and funding history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

Reliance Health Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a healthcare technology company intended to make healthcare more affordable and accessible. The company uses
Enterprise Systems (Healthcare)
Lagos, Nigeria
425 As of 2023

Lagos, Nigeria
 

London, United Kingdom
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Reliance Health Competitors (5)

One of Reliance Health’s 5 competitors is Hygeia HMO, a Private Equity-Backed company based in Lagos, Nigeria.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Hygeia HMO Private Equity-Backed Lagos, Nigeria
Mobihealth Corporation London, United Kingdom
Unicare Private Equity-Backed Oslo, Norway
AXA Mansard Insurance Formerly PE-Backed Victoria Island, Nigeria
MetLife Corporation New York, NY
You’re viewing 5 of 5 competitors. Get the full list »

Reliance Health Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Reliance Health Investors (20)

Investor Name Investor Type Holding Investor Since Participating Rounds
Arvantis Group Holding Company Minority
General Atlantic Growth/Expansion Minority
Laerdal Million Lives Fund Impact Investing Minority
M3 Corporation Minority
P1 Ventures Venture Capital Minority
You’re viewing 5 of 20 investors. Get the full list »

Ready to get started?

Request a free trial

Reliance Health FAQs

  • When was Reliance Health founded?

    Reliance Health was founded in 2015.

  • Where is Reliance Health headquartered?

    Reliance Health is headquartered in Lagos, Nigeria.

  • What is the size of Reliance Health?

    Reliance Health has 425 total employees.

  • What industry is Reliance Health in?

    Reliance Health’s primary industry is Enterprise Systems (Healthcare).

  • Is Reliance Health a private or public company?

    Reliance Health is a Private company.

  • What is Reliance Health’s current revenue?

    The current revenue for Reliance Health is .

  • How much funding has Reliance Health raised over time?

    Reliance Health has raised $48.4M.

  • Who are Reliance Health’s investors?

    Arvantis Group, General Atlantic, Laerdal Million Lives Fund, M3, and P1 Ventures are 5 of 20 investors who have invested in Reliance Health.

  • Who are Reliance Health’s competitors?

    Hygeia HMO, Mobihealth, Unicare, AXA Mansard Insurance, and MetLife are competitors of Reliance Health.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »