EHA Impact Ventures (EIV), a gender-lens impact investment firm, 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 injection of capital, 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.
“At EIV, we go beyond financial support; we offer a founder-friendly, innovative package that helps founders to 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.” Commented Evelyn Castle, CEO & Co-Founder, EHA Impact Ventures
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.
EHA Impact Ventures (EIV) is a philanthropic impact investing enterprise that supports early-stage, high-impact, women-led businesses in Africa. Unlike traditional business financing, EIV offers flexible and innovative funding options paired with high-quality, local, shared business resources to ensure business growth and success. Learn more at www.eha.ventures.
Media Contact: Sumayyah Ibrahim | Email: sumayyah.ibrahim@eha.ventures
Investor Contact: Evelyn Castle | Email: evelyn@eha.ventures
About Blueroomcare
Blueroomcare is a virtual behavioural healthcare provider committed to helping people lead healthier, happier lives through access to high-quality mental healthcare. At Blueroomcare, we believe that mental healthcare is core to overall health and should be available to everyone.
For more information, visit https://blueroomcare.com/