Question 1

What is Eden Care?

Accepted Answer

Eden Care is a Kenya/Rwanda-based healthtech company that provides digital health insurance for employers across Africa. Founded in 2021 by Moses Mukundi, the company aims to address the insurance gap for 90 million uninsured African employees through innovative digital underwriting.

Question 2

What products and services does Eden Care offer?

Accepted Answer

Eden Care offers digital health insurance solutions specifically designed for employers in Africa. Their platform delivers a 43% cost reduction compared to traditional health insurance options through their digital underwriting approach.

Question 3

Who is Eden Care's target customer?

Accepted Answer

Eden Care targets employers across Africa who want to provide health insurance coverage for their employees. The company is focused on serving the 90 million uninsured African employees who currently lack health insurance coverage.

Question 4

When was Eden Care founded?

Accepted Answer

Eden Care was founded in 2021 by Moses Mukundi. The company participated in the Y Combinator 2023 batch, making it the first Rwandan enterprise to join YC.

Question 5

Where is Eden Care located?

Accepted Answer

Eden Care is based in Nairobi, Kenya, with a 28-person team. The company operates across Kenya and Rwanda, serving employers throughout Africa.

Question 6

How much funding has Eden Care raised?

Accepted Answer

Eden Care has raised $1.29 million in total funding, including a $500,000 investment from Y Combinator. The company is backed by 19 total investors including Higa Capital, Fondation Botnar, Google for Startups, Acacia Venture Capital, and the African Development Bank.

Question 7

What are Eden Care's key achievements?

Accepted Answer

Eden Care delivers a 43% cost reduction in health insurance for employers and was the first Rwandan enterprise to participate in Y Combinator (2023 batch). The company has grown to a 28-person team and successfully raised $1.29 million in funding from notable investors.

Question 8

What technology or approach does Eden Care use?

Accepted Answer

Eden Care uses digital underwriting technology to provide more affordable health insurance solutions. This digital approach enables the company to reduce insurance costs by 43% compared to traditional methods.

Question 9

What is the market opportunity for Eden Care?

Accepted Answer

Eden Care is targeting the African health insurance market, currently valued at $11 billion and projected to grow to $72 billion within 12 years. The company focuses on the 90 million uninsured African employees who represent a significant untapped market opportunity.

Question 10

What recent developments has Eden Care announced?

Accepted Answer

Eden Care recently participated in the Y Combinator 2023 batch, securing $500,000 as part of their $1.29 million total funding round. The company made history as the first Rwandan enterprise to join Y Combinator.

Eden Care

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Frequently Asked Questions

What is Eden Care?

What products and services does Eden Care offer?

Who is Eden Care's target customer?

When was Eden Care founded?

Where is Eden Care located?

How much funding has Eden Care raised?

What are Eden Care's key achievements?

What technology or approach does Eden Care use?

What is the market opportunity for Eden Care?

What recent developments has Eden Care announced?

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