Investments
45Portfolio Exits
4Service Providers
2Latest Creadev News
Mar 9, 2022
Rocket Health, a telemedicine and last-mile healthcare company based in Uganda, has raised $5 million in a Series A fundraising round to accelerate its technological roadmap and geographic development across Uganda and into Kenya. Rocket Health, which was founded in 2012, is Uganda’s leading telemedicine provider, providing an end-to-end healthcare experience to over 25,000 patients. The startup’s approach integrates four services: 24/7 teleconsultations, pharmaceutical delivery, home sample collection for laboratory diagnostic tests, and physical expert clinic consultations. Creadev, an evergreen investment company backed by the Mulliez family of French entrepreneurs, is leading Rocket Health’s $5 million Series A round. Creadev was joined in the round by current early-stage African investors Grenfell Holdings and LoftyInc Capital Management. The money will be used to develop the company across Uganda and into Kenya. “Rocket Health is on a quest to make quality primary healthcare accessible, affordable and convenient to achieve the best outcomes for as many Africans as possible through the exponential power of technology,” said Dr Davis Musinguzi, Rocket Health’s founder and CEO. “We’re elated that the investment thesis of Creadev and the Mulliez family resonates deeply with this timeless vision of the Rocket Health founding team. Together, we shall build a sustainable digital healthcare value chain down to the last mile across Africa.” Creadev Africa’s Pierre Fauvet and Sarah Ngamau expressed their joy at the opportunity to work with Rocket Health on its objective to make healthcare accessible to the masses in Sub-Saharan Africa. “We have been highly impressed by the creativity, tenacity and vibrant culture of the Rocket Health team, which holds an ambitious vision for the future of African primary care. The opportunities are countless, from data analytics to innovative distribution channels. Together with like-minded investors, we look forward to bringing our experience in retail, e-commerce, logistics and digital health to support Davis and his team as they revolutionise access to Healthcare in Africa,” they said.
Creadev Investments
45 Investments
Creadev has made 45 investments. Their latest investment was in Selency as part of their Series C on April 4, 2022.
Creadev Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/13/2022 | Series C | Selency | $37.92M | Yes | 1 | |
3/7/2022 | Series A | Rocket Health | $5M | Yes | 10 | |
2/11/2022 | Private Equity | Noray Seafood | $18.24M | Yes | SWEN Capital Partners, Telos Impact, and Undisclosed Investors | 2 |
1/14/2022 | Private Equity - II | |||||
12/14/2021 | Series B |
Date | 4/13/2022 | 3/7/2022 | 2/11/2022 | 1/14/2022 | 12/14/2021 |
---|---|---|---|---|---|
Round | Series C | Series A | Private Equity | Private Equity - II | Series B |
Company | Selency | Rocket Health | Noray Seafood | ||
Amount | $37.92M | $5M | $18.24M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | SWEN Capital Partners, Telos Impact, and Undisclosed Investors | ||||
Sources | 1 | 10 | 2 |
Creadev Portfolio Exits
4 Portfolio Exits
Creadev has 4 portfolio exits. Their latest portfolio exit was Ysance on January 20, 2021.
Creadev Acquisitions
4 Acquisitions
Creadev acquired 4 companies. Their latest acquisition was YES 'N' YOU on May 10, 2012.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
5/10/2012 | Private Equity | $2.96M | Leveraged Buyout | 1 | ||
1/1/2012 | ||||||
6/1/2008 | ||||||
1/1/1970 |
Date | 5/10/2012 | 1/1/2012 | 6/1/2008 | 1/1/1970 |
---|---|---|---|---|
Investment Stage | Private Equity | |||
Companies | ||||
Valuation | ||||
Total Funding | $2.96M | |||
Note | Leveraged Buyout | |||
Sources | 1 |
Creadev Service Providers
2 Service Providers
Creadev has 2 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Private Equity | Underwriter | Financial Advisor | |
Service Provider | ||
---|---|---|
Associated Rounds | Private Equity | |
Provider Type | Underwriter | |
Service Type | Financial Advisor |
Partnership data by VentureSource
Creadev Team
6 Team Members
Creadev has 6 team members, including current Chief Executive Officer, Bertrand de Talhouet.
Name | Work History | Title | Status |
---|---|---|---|
Bertrand de Talhouet | Chief Executive Officer | Current | |
Pierre Fauvet | OC & C France, and BNP Paribas | Managing Director | Current |
Sarah Ngamau | Kuramo Capital Management, TBL Mirror Fund, and Kemsa | Managing Director | Current |
Fabien Villemalard | Managing Director | Current | |
Thomas Breuvart | Investment Partner | Current |
Name | Bertrand de Talhouet | Pierre Fauvet | Sarah Ngamau | Fabien Villemalard | Thomas Breuvart |
---|---|---|---|---|---|
Work History | OC & C France, and BNP Paribas | Kuramo Capital Management, TBL Mirror Fund, and Kemsa | |||
Title | Chief Executive Officer | Managing Director | Managing Director | Managing Director | Investment Partner |
Status | Current | Current | Current | Current | Current |
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