Philippine healthtech startup banks $1.2m from DayOne Capital, others

Zennya, a healthtech startup based in the Philippines,  has raised US$1.2 million in its latest round of funding to expand within the country.

More funding details

• Lead investors: Foxmont Capital Partners, DayOne Capital Ventures, and Ignite House of Innovation
• Other investors: Family offices and angel backers from Thailand and the Philippines
• Stage: Unspecified

More company updates

• Zennya said it has doubled its month-over-month revenue during the first quarter of 2021 and logged a year-on-year growth of over 100% from the same period in 2020.
• It plans to use the new funds to expand its service to all major cities in the country, with a launch in Cebu City slated in June.
• Zennya also plans to invest in talent acquisition, technology, and business development as it expands its strategic partnerships with hospitals, diagnostic centers, and insurance providers.
• While it starting out as a healthcare service delivery platform, Zennya has since expanded to offer a virtual hospital ecosystem that offers a suite of products including telehealth consultations, corporate health services, pharmaceutical deliveries, and Covid-19 tests.

For more coverage of the company, head here. You can also click on the link below to view key details about the company as well as its funding history.