Lagos-based health tech company Platos Health raised a 1$.4 million pre-seed round to scale its AI-driven metabolic health platform, Platos Monitor. The startup allows people to monitor their body fat and other health metrics from their homes, according TechCrunch.
Google led the round for Startups with help from Invest International and a group of angel investors from Google, Tesla, and Unicredit. The company will use the funding to roll out its hardware medical-grade device, Plato’s Body Monitor, in Nigeria.
What is Platos Health?
Platos Health is a preventive health platform where users can monitor their metabolic health from their homes using a medical-grade device, Plato’s Body Monitor. The device has personalized health insights, which are measured by significant metrics like heart rate, weight, body mass index (BMI), fat levels (including both visceral and subcutaneous fat), and hydration status.
The platform also comes with Platos Monitor Software, available on Android, iOS, and the web. The software works well with other well-known health apps, such as Apple Health and Google Health Connect, which allow users to view their health data in one place.
The monitor is distributed through 300 pharmacies—including Medplus, Justrite, and Alpha Pharmacy—across Nigeria and is priced between ₦80,000 ($50) and ₦120,000 ($80).
Platos Health tackling important issues
A study found that chronic illnesses affect 64.9% of the population in Nigeria. Platos is helping to tackle chronic diseases such as diabetes, hypertension, and metabolic syndrome. Nigeria is also experiencing a significant shortage of medical professionals, as there are only 500 cardiologists for over 200 million people.
The funding will be used to expand research and expansion efforts. Platos works with scientific advisors, including Professor Hanno Pijl, an expert in metabolic health and lifestyle medicine, and Dr. Jimoh Itopa, to study how diet affects body fat and metabolism.
Image: Platos Health
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