TIBU Health

The omnichannel health care platform for Africa

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Security Type
Crowd SAFE
Min Investment
$250
Location
LEWES, DE
Offering Date
November 21, 2022
Expected Close Date
April 30, 2024
Target Raise
$50.00K-$548.39K
No. Investors
14
Security Price
$1
Website
tibu.africa
Number of Employees
65
Cash
$49,148
Revenue
$351,884
Short Term Debt
$197,983
Cost of Goods
$316,521
Long Term Debt
$1,170,265
Net Income
$-802,218

Company Description

TIBU Health was built to improve the patient experience and connect people to healthcare workers in 2 minutes or less.

Key Deal Facts

Africa's first Omnichannel Healthcare model | 40,000+ patients to date
$1.5M raised: Boost VC, Netcare (public), Kepple Ventures, Founders Factory
$700k+ revenue in 2021 (226% YoY growth) | 3x break-even events
20,000 diagnostic investigations carried out
70% reduction in patient wait time | 45% reduction in costs | 98% NPS
150+ corporate clients (Knight Frank, NCBA, UN, World Bank & more)
15 insurance partners (Aetna, Fidelity, APA, Bupa, AXA, Allianz & more)

Management Team / Advisory Board Bios

Dr. Nkirote Kalaine
Medical Operations Manager
Medical Doctor from UoN // Established Kenya's first in-house telehealth program for COVID-19 // Home-based care specialist // Process driven HealthTech guru!

Sharon Mutua
Marketing Lead
Digital marketing specialist with MBA from UniCAF // Eight years experience in health marketing // Cross-functional marketing trainer // Adept story teller and comma wrangler!

Dr. Hope Simiyu
Clinical Lead - Wellness and Chronic Diseases
Medical Doctor from UoN // Specialist in Wellness and Chronic Disease Management // Critical care specialist // Digital healthcare communicator // Avid content creator on social media

Dr. Thomas Kirengo
Head of Medical
Medica/ Doctor from UoN // Graduate in Surgical Medicine from Edinburgh University // Member of the Royal College of Surgeons Edinburgh // Co-founder of Imara Hospitals // Former MIT & Standford / Quality, Quality, Quality!

Nick Kigen
Senior UI/UX Designer
User centered design specialist with 10 years experience // former Stanbic and Diamond Trust Bank // Former Cellulant // Mentor for Kenya's aspiring designers // Avid podcast creator!

Albert Langat
Business Development Executive
7 years experience with big pharma // Bachelor of Science from Eldoret University // Leads sales and business development at TIBU // Mind numbing mixologist!

Catherine Muhia
Financial Accountant
5+ years experience in startup finance // Certified public accountant (CPA) // Economics graduate from UoN // Former DFID // Former Commonwealth and Development Office for the United Kingdom // Photography and nature guru!

Millicent Kola
Experience Lead
Over 10 years experience in customer experience // Bachelor of International Relations from USIU Kenya // Former FAO // Former Lifecare Hospitals // Makes everyone smile all the time.

Claudette Alusa
Quality Assurance Manager
10 years experience in lab management // Graduate of laboratory sciences from JKUAT // Launched several laboratories in Kenya // Former Penda Health // Former consultant at Ilara Health // Big time movie buff!

Jason Carmichael
Co-founder and CEO

Shiro Theuri
Technical Advisor & Co-founder

Peter Gicharu
Co-founder and CTO

Lucy Kariuki
HR Manager

Moses Odhiambo
Senor Back-end Engineer

Davis Wambugu
Senior Front-end Engineer

Victor Tungiru
Lead Coordinator - Service Delivery

Raymond Yegon
Mobile Apps Developer

Roya Okanga
Multimedia Agent

Daisy Langa't
Customer Experience Agent

Patricia Omewo
Customer Experience Agent

Isaac Gichuru
Front-end Engineer

Wavinya Kimeu
Marketing Agent

Norbert Bwire
Financial Clerk

Rael Birundu
Procurement Clerk

Alberto Njuguna
Claims and Finance Clerk

Gerald Mwangi
Business Development Agent

Augostine Ainda
Nurse Administrator
Amount Raised : $53,800
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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