A gender-lens impact investment firm, EHA Impact Ventures (EIV), has announced a $50,000 follow-on investment in Blueroomcare, a digital mental health platform focused on expanding access to care, notably for women in Nigeria.
The announcement was made at the Africa Social Impact Summit, alongside EIV’s new investment in Moppet Foods.
Following its initial investment in 2024, EIV is extending an additional $50,000 to Blueroomcare to support its pre-seed round. This follows demonstrated traction in expanding access to quality, affordable mental health services for underserved populations, particularly women.
“We’re reinvesting in Blueroomcare because they’ve not only delivered on their growth commitments but also shown clear potential to attract further investment,” said Adam Thompson, Co-Founder of EHA Impact Ventures. “This follow-on round positions them strongly for their next funding round.”
The investment is structured as a convertible revenue-based loan, providing flexible repayment linked to revenue, with an option to convert into equity during future funding rounds.
With this new capital injection, Blueroomcare will build a scalable technology infrastructure, expand access to care across Nigeria and strengthen our provider networks through new HMO partnerships.
“EIV has been more than an investor; they’ve been a strategic partner, playing a crucial role in our expansion to hybrid care while offering guidance, and enabling the right connections essential to our growth at this stage,” said Ebunoluwa Collins, co-founder of Blueroomcare.
Beyond financing support, EHA Impact Ventures will continue to offer strategic support to Blueroomcare through board advisory, grant identification, and a $30,000 technical support grant for IT strategy and communications support.
Evelyn Castle, CEO and co-founder of EHA Impact Ventures, said, “At EIV, we go beyond financial support; we offer a founder-friendly, innovative package that helps founders realise the impact they envision. We don’t dictate the direction of impact; instead, we walk alongside founders to help them achieve it. With Blueroomcare, our goal is to position them as an attractive opportunity for future investors, which is why we’re proud to reinvest $50,000 in this pre-seed extension round.”
EIV is dedicated to supporting innovative companies that create significant social impact. By providing innovative financial and strategic support, EIV aims to foster sustainable growth and enhance the lives of African women and their families. With this additional support, Blueroomcare is poised to expand its footprint, strengthen partnerships with HMOs, and bring critical mental health services to more communities across Nigeria.
We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →
Join Our WhatsApp Channel
