Digital health insurance for employers in Africa
Company is active
Event Year: 2023
Company is active
Event Year: 2023
Eden Care is developing a digital health insurance solution tailored for employers across Africa. The company aims to address the high operational costs associated with health insurance in the African market, which are currently 2.2 times the global average. By leveraging digital technologies, Eden Care intends to reduce these costs by an estimated 43%, thereby making health insurance more accessible and affordable for businesses and their employees. The African health insurance market, currently valued at $11 billion, is projected to experience substantial growth, reaching $72 billion within the next 12 years. Eden Care is strategically targeting the 90 million uninsured employees in Africa, offering a significant opportunity for market penetration and expansion.
Eden Care is developing a digital health insurance solution tailored for employers across Africa. The company aims to address the high operational costs associated with health insurance in the African market, which are currently 2.2 times the global average. By leveraging digital technologies, Eden Care intends to reduce these costs by an estimated 43%, thereby making health insurance more accessible and affordable for businesses and their employees. The African health insurance market, currently valued at $11 billion, is projected to experience substantial growth, reaching $72 billion within the next 12 years. Eden Care is strategically targeting the 90 million uninsured employees in Africa, offering a significant opportunity for market penetration and expansion.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2023
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2023
Fintech
Fintech
Fintech -> Insurance
Fintech -> Insurance
Team size: 28
Hiring: No
Team size: 28
Hiring: No