Home Latest Insights | News Google-backed Lagos-based Plato Health Secures $1.4M Funding to Scale Its AI-Driven Platform

Google-backed Lagos-based Plato Health Secures $1.4M Funding to Scale Its AI-Driven Platform

Google-backed Lagos-based Plato Health Secures $1.4M Funding to Scale Its AI-Driven Platform

Platos Health, a Lagos-based health-tech startup redefining preventive care, has raised $1.4 million in pre-seed funding to scale its AI-driven metabolic health platform, Platos Monitor.

The funding round was led by Google for startups, with participation from Invest International and angel investors from Google, Tesla, and Unicredit. The funding will support the rollout of Platos Body Monitor, a medical-grade device now launching in Nigeria.

Each year, millions of people develop preventable conditions like diabetes and heart disease often due to unseen risks like excess visceral fat. In low-access regions, 86% of premature deaths from such diseases could be prevented. In a country like Nigeria with fewer than 500 cardiologists for over 200 million people, Platos Health is filling the gap in accessible, proactive healthcare by offering at-home metabolic monitoring and personalized health recommendations powered by AI.

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Platos combines ubiquitous medical devices, AI-powered software, and innovations in accessibility to deliver improved metabolic health outcomes at lower costs.

Founded in 2020 by Joseph Fakayode, Platos Health is helping people take control of their health from the comfort of their homes. The Platos Body Monitor tracks over 49 vital health indicators, including weight, BMI, heart rate, hydration, body fat and visceral fat, syncing seamlessly with Android, iOS, web apps, and integrations like Apple Health and Google Health connect.

Platos RPM allows hospitals and clinicians to monitor their outpatients remotely utilizing our hardware and software. This is local innovation with global ambition by tackling silent metabolic threats before they become critical. With 33% of users seeing significant weight loss and nearly 60% saying they’d be disappointed without the tool, Platos is winning trust and building traction.

The health-tech startup is on a mission to make preventive health accessible to all. Today, it empowers patients to monitor their holistic health from anywhere while facilitating data-driven, personalised & and proactive care for hospitals and clinicians. Tomorrow, it will use advanced analytics to drive preventive care for the general population. The company has 300+ Pharmacy & Healthcare Providers, 50,000 Health Data Points Analyzed and 80% of Members Achieved Weigh Loss.

Platos is backed by Google for Startups, Invest International, and Angel investors from notable organisations such as Tesla, Google, and Unicredit. The company is trusted by leading health institutions such as Reliance HMO, medplus, Justrite pharmacy and purelife health, etc.

In about 3 years, Platos Health has built a scalable technology platform, generated clinical evidence for its  product, and partnered with health insurance and hospitals. In a bid to enhance its offerings, in December 2024, the company launched Platos Intelligence, an AI engine that transforms raw health data into personalized actionable insights. From nutrition advice to lifestyle adjustments, this tool simplifies health management by analyzing users unique metrics and giving clear, tailored guidance.

Platos Health is targeting a $30 million addressable market in Nigeria, with its devices already available at major pharmacy chains like Medplus and Justrite. The name Platos, drawn from the Greek word for “broad”, reflects a bold mission: to make quality health accessible for everyone. By focusing on metabolism, body fat and nutrition, the platform enables early intervention in chronic conditions like diabetes, obesity and cancer.

As medical resources remain scarce in many parts of Africa, Platos Health empowers individuals to proactively manage their health, without needing to visit a hospital. Its breakthroughs in bioactive metabolism and generative AI are positioning it as a pioneer in the rise of personalized, preventive medicine.

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