The investment will support the deployment of its new device, Platos Body Monitor, across Nigeria, helping more users monitor their health at home.

The funding round was led by Google for Startups and included backing from Invest International and several angel investors affiliated with companies like Google, Tesla, and Unicredit.

The capital injection will be used to introduce the company’s advanced, medical-grade hardware to the Nigerian market.

Founded in 2020 by Joseph Fakayode, Platos Health focuses on preventive care by enabling users to keep track of their metabolic health from the comfort of their homes.

Its signature product, the Platos Body Monitor, is a smart device that measures vital health data such as heart rate, BMI, fat composition (both visceral and subcutaneous), hydration levels, weight, and more—totaling 49 measurable indicators.

The platform, powered by Platos Monitor Software, works seamlessly across Android, iOS, and web platforms.

It also syncs with major health-tracking systems like Apple Health and Google Health Connect, giving users a central hub for all their health metrics.

The Platos Body Monitor is currently sold through 300 pharmacy outlets across Nigeria, including well-known names like Medplus, Justrite, and Alpha Pharmacy.

With chronic diseases such as diabetes, hypertension, and metabolic disorders on the rise, an estimated 30% of Nigerian adults are living with long-term conditions.

By offering an easy-to-use, affordable home health monitoring solution, Platos Health aims to improve early detection and disease management, helping to reduce the pressure on hospitals and clinics while empowering individuals to take control of their wellbeing.