For Investors
Invest in Africa's diagnostic infrastructure.
Kormaq is raising a $2M seed round to scale cloud PACS, AI integration, and hospital partnerships across East Africa.
Traction
Strong traction. Accelerating growth.
13
Hospital Partners
Active, paying hospitals
130K+
Scans Reported
Cumulative to date
$500K+
ARR (2025)
Annual recurring revenue
~50%
CAGR
2023–2025 growth
Market Opportunity
A $1B+ Africa diagnostic imaging opportunity
TAM
$1B+
Africa-wide radiology reporting market annually
SAM
$200M+
East Africa serviceable market. $40–60M in Kenya alone.
SOM
$2M
~1% market capture target, achievable with this raise.
Beachhead: Kenya → Next: Uganda & Rwanda. Pattern of radiology shortage repeats across the continent.
Competitive Advantage
Why Kormaq wins in Africa
End-to-end diagnostic infrastructure — not isolated point solutions
Enterprise-first architecture built for multi-site scale
Software + Radiologist Network + AI in one integrated platform
Purpose-built for African healthcare realities
Strong clinical governance with locally registered radiologists
High retention — PACS integration creates natural lock-in
Growth Plan
Land. Expand. Scale. Monetize.
Today
13 Hospitals
$0.5M ARR
Proven product-market fit
Year 1
30 Hospitals
$0.9M ARR
Kenya expansion + AI launch
Year 2
70+ Hospitals
$2M+ ARR
Uganda & Rwanda entry
The AskSchedule Investor Meeting
Raising $2M Seed
Equity round targeting close Q3 2026. Funds AI integration, commercial expansion, and 4× ARR growth to $2M within 24 months.
70+ Hospitals
Kenya + Uganda & Rwanda
4× Scan Growth
50K to 200K+ annually
AI Reporting
CT triage + speech-to-text
$2M+ ARR
From $500K in 24 months