SOUTH AFRICA—The Alma Clinics network, a South African enterprise of nurse-led primary healthcare facilities, has obtained a US$2.8 million investment from IDF Capital through its Alitheia IDF Fund (AIF). 

This infusion of capital is set to propel the expansion efforts of Alma Clinics throughout the nation.

Founded in July 2020 by CEO Sibongile Manganyi Rath, Alma Clinics emerged during a critical time marked by the COVID-19 pandemic and related lockdowns.

The company established its first clinic in Protea Glen, Soweto, a township that has historically faced challenges with healthcare access.

Since then, Alma has grown rapidly, with six fully operational clinics currently serving over 4,000 patients monthly.

This latest funding round will empower Alma to scale its operations significantly, aiming to reach 35 locations across South Africa.

This expansion will bring much-needed primary healthcare services to underserved communities, promoting better health outcomes for a wider population.

“We are thrilled to welcome IDF Capital as a partner in our mission to revolutionize primary healthcare in South Africa,” said Alma Clinics CEO Sibongile Manganyi Rath.

“This investment is a testament to our team’s hard work and dedication, allowing us to reach even more patients with high-quality, affordable care.”

Polo Leteka, the CEO and founder of IDF Capital and co-managing partner of the Alitheia IDF Fund, will be joining Alma’s board of directors.

Leteka’s leadership and investment expertise will be instrumental in guiding Alma’s growth trajectory.

The investment in Alma Clinics highlights the increasing recognition of nurse-led healthcare models in South Africa as viable and essential. 

Alma Clinics’s success is an inspiring example, opening doors for greater accessibility to quality primary healthcare, especially in locales where conventional medical facilities are lacking.

The expansion of Alma Clinics, fueled by the recent investment, represents a significant step towards improving primary healthcare access in South Africa. 

By scaling its operations, Alma Clinics will provide essential health services to a broader population, contributing to a healthier and more equitable future for South Africa.

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