Financial Times · May 2026
The FT’s 2026 ranking highlights Africa’s fastest-growing companies; TechCabal’s summary notes Remedial Health was among the Nigerian startups included and that its 2024 revenue figure in the ranking was about $12.53M.
B2B E-commerce & Fintech platform for Pharmacies & Hospitals in Africa
Company research
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Overview
Remedial Health is a health-tech/pharmacy-operations platform that helps pharmacies, hospitals, HMOs, and other healthcare providers source genuine medicines, manage inventory, and access embedded financing across Africa.
Primary product
Remedial App / Remedial Rx pharmacy procurement and operations platform
Founded
2021
Headquarters
Newark, Delaware, United States; major operating presence in Lagos, Nigeria
Team size
119
Industry
IT Services and IT Consulting
Sub-industry
Healthtech / pharmacy procurement, operations software, and embedded financing
Offices
Lagos, Nigeria (Oregun / Wemabod Estate address on the app listing)
Newark, Delaware, United States (company profile / LinkedIn)
Business model
B2B e-commerce / marketplace
SaaS / pharmacy operations software
Embedded financing / BNPL
Wholesale distribution
Funding
Stage
Series A (equity + debt)
Total raised
$17.4M
Latest round
Series A · Jul 2023
Latest amount
$12M
Jul 2023 · QED Investors and Ventures Platform
Jul 2023 · Consortium of local and international financial institutions
Feb 2023
Sep 2022 · Global Ventures
Feb 2022 · Global Ventures and Ventures Platform
People & investors
Leadership
Founder & CEO
Co-founder & COO
Chief Technology Officer / Lead Laravel Software Developer
Investors
Alumni Ventures
Cathexis Ventures
Christopher Golda
Gaingels
Global Ventures
Guillaume Luccisano
Ingressive Capital
Lightspeed Venture Partners Scout Fund
Olugbenga Agboola
Opeyemi Awoyemi’s Angel Syndicate Fund
QED Investors
Tencent
True Capital Management
Ventures Platform
Victor Asemota
Voltron Capital
Y Combinator
Work & culture
Mission-driven and impact-led, with an emphasis on anti-counterfeit supply, affordability, growth, and improving healthcare service delivery for pharmacies and providers.
Compensation
No public salary bands or formal compensation policy were found. Public hiring pages emphasize full-time roles, some remote postings, and eligibility requirements such as NYSC/completed university for certain roles, but do not disclose pay.
Product & market
Pricing
B2B wholesale marketplace pricing with embedded credit / BNPL and inventory financing; the company positions pricing as at or better than open-market rates.
Differentiators
- —Direct sourcing from verified manufacturers and distributors
- —24-hour delivery
- —Embedded inventory financing / buy now, pay later
- —Pharmacy operations software and inventory management
- —Anti-counterfeit / MAS support
- —Supply-chain data and market-access tooling
Technology
Laravel
PHP
MySQL
JavaScript
jQuery
Power BI
Figma
Slack
PeopleHum
Microsoft Office
Google Sheets
Android app
iOS app
Customers
pharmacies
hospitals
HMOs / insurers
PPMVs / chemists
medical stores
doctors
medical specialists
Competitors
mPharma
DrugStoc
MyDawa
Well Cared For
Metp Pharma
Crystallise
Zurex Pharma
SuiteRx
Scale & contact
Estimated revenue
≈$12.5M–$32.6M (public estimates vary; FT ranking data cited ~$12.53M for 2024, while some databases estimate higher ARR)
Latest news
TechCabal · May 2026
Summarizes the FT 2026 ranking and says Remedial Health was founded in 2021 by Samuel Okwuada and Victor Benjamin, digitizes pharmaceutical retail in Nigeria, and reported revenue growth from $0.84M in 2021 to $12.53M in 2024 according to the FT data.
EnterpriseCEO · Jan 2026
Profiles Remedial Health’s evolution from pharmacy supply-chain fix to a full-stack platform spanning procurement, inventory, logistics, analytics, and financial services, and describes its scale across Nigeria.
Innovation Village · May 2025
Reports that Remedial Health ranked as the fastest-growing healthtech company in FT’s 2025 Africa ranking and cites growth and revenue expansion metrics from 2020-2023.
TechCrunch · Aug 2023
Announced the $12M Series A equity-debt raise, co-led by QED Investors and Ventures Platform, with participation from Y Combinator, Tencent, and Gaingels, and noted the $4M debt piece used to scale inventory financing.
Jobs and careers at Remedial Health
0 jobs at Remedial Health
No open positions
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