SL health-tech start-up nets $200K in seed funding
View(s):Flash Health, a Sri Lankan health-tech start-up building cashless, on-demand outpatient care, has raised a US $200,000 seed round led by nVentures, with participation from angel investors across Sri Lanka, Singapore, and the US.
The funding comes as Flash Health expands its footprint across insurers, large employers, and healthcare providers, positioning itself as one of the country’s most widely adopted digital outpatient platforms addressing everyday healthcare needs, the company said in a media release
The Flash Health team
At the core of Flash Health’s offering is Cashless OPD, which allows employees and policyholders to access doctor consultations, medicines, diagnostics, and telemedicine services without paying out of pocket, removing upfront payments and simplifying access to address a long-standing friction point in everyday healthcare across emerging markets. The platform’s approach has also received global recognition, with Cashless OPD winning at the World Summit Awards, an UN-backed platform recognising start-ups advancing the Sustainable Development Goals, selected from over 900 applications across 143 countries.
Commenting on the investment, Chalinda Abeykoon, Managing Partner at nVentures, said, “We first met Arshad and the Flash Health team in late 2023 and were immediately struck by their ethos, attention to detail, and culture of excellence. As we worked with the team to fine-tune their product roadmap and execution, we saw a team that listens, iterates, and delivers.”
Flash Health’s growth has been driven by partnerships with leading insurance providers, including AIA, HNB Assurance, Janashakthi Insurance, and Union Assurance, enabling policyholders to access services such as medicine delivery, home lab testing, telemedicine consultations, and wellness incentives through integrated digital workflows.
On the enterprise side, the platform is used by organisations such as Akbar Brothers, Sri Lanka Cricket, SriLankan Airlines, Hirdaramani, and others, reinforcing Flash Health’s role as a reliable healthcare partner for employee wellbeing and medical access. Arshad Ameer, Founder of Flash Health, said, “At Flash Health, our mission has always been to make healthcare feel human, accessible, and effortless for everyone.”
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