The majority of the funds came from angel investors, but the company also secured $1.2 million in debt and grant funding from BPI France, the French government’s public investment bank. After losing her father to complications from a chronic health issue owing to poor management, Bola Bardet founded the company alongside Laurent Leconte (CTO) and Sandrine Egron (COO). Susu provides care packages or bundles to people with chronic conditions including diabetes and hypertension, as well as pregnant women, who require close monitoring and preventative guidance in order to live their best lives despite their illnesses. Susu is a one-of-a-kind platform in that it offers a community financing option, in which family members, whether local or in the diaspora, can help patients pay their monthly membership charges via care bundles, as well as allowing patients to finance their expenses. Doctor’s appointments, nurse visits, SMS medical advice, and a variety of other medical activities are all included in care packages for patients. The product appears to have struck a chord with the company’s 5,000-strong user base, which has increased by fivefold in the past year. According to the company, revenue increased by more than 400% in 2021. Susu plans to use its new funding to expand its team and provide new features. Nigeria and Ghana will be among the six countries in Sub-Saharan Africa where the company will launch its services.
