December 8, 2015 Samuel Orisaremi

Health tech startup, Medismarts, gets seed funding from Sasware

Lagos-based health tech startup, Medismarts, has received seed funding from Sasware. The amount of funding, which was provided in exchange for a minority stake in the startup, was undisclosed.

Medismarts is a health tech company that provides cloud-based data management services to healthcare institutions via a freemium product. According to the announcement, the product deployment is close to reaching a hundred hospitals, and 60,000 patients.

Medismarts’ founders are Obinna Osuji and Damilola Oni. They plan on investing the Sasware funds directly into its medical cloud platform.

Sasware is the technology and startup investment subsidiary of Signal Alliance, a Nigerian IT services provider that has been around since 1996. Going by their website, Sasware is also invested in Codeware, a business management platform based on Microsoft Dynamics.