LifeBank
LifeBank is a Nigerian healthcare logistics company founded in 2015 that delivers blood, oxygen, and medical consumables to healthcare facilities, employing 101-250 people and based in Yaba, Nigeria.
- Company typePrivate
- Founded2015
- HeadquartersYaba, Nigeria
- Headcount101–250
- GTM typeB2B
- OfferingServices
What LifeBank does
LifeBank is a Nigerian for-profit healthcare logistics company founded in 2015 and headquartered in Yaba, Nigeria. The company provides supply chain services to healthcare facilities, delivering blood, oxygen, and medical consumables. According to firmographic data, LifeBank employs between 101 and 250 people, operates as a private entity, and maintains an active website at lifebankcares.com.
The company's business model centers on distributing critical medical supplies — blood products, oxygen, and medical consumables — to healthcare facilities. The firmographic data describes LifeBank's short positioning as providing the supply chain for healthcare facilities, indicating a B2B service to hospitals and clinics. No detailed information is available on pricing models, customer segments, technology stack, or geographic expansion beyond its Nigerian base.
Temie Giwa Tubosun serves as the founder and chief executive officer. LifeBank has received funding from impact investors including eha Impact Ventures and HealthCap, as well as non-cash support from Google for Startups in May 2022. The total disclosed cash funding is modest at $100,000 (February 2022). No information is publicly disclosed on revenue, customer count, contracts, technology architecture, certifications, partnerships beyond investors, or operating geographies outside Nigeria.
LifeBank firmographics
Firmographics- Name
- LifeBank
- Legal name
- LifeBank
- Website
- https://lifebankcares.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- LifeBank is a Nigerian healthcare logistics company founded in 2015 that delivers blood, oxygen, and medical consumables to healthcare facilities, employing 101-250 people and based in Yaba, Nigeria.
- Ownership category
- akta.pro rank
LifeBank industry classification
Industry- Product category
- Healthcare Logistics
- SIC
- Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)
- akta.pro primary industry
- Life Sciences Cold Chain Logistics (2–8°C, -20°C, -80°C) (HLAGAMAA)
- akta.pro secondary industry
- Pharma & Life Sciences Cold Chain Transport (GDP) (TLADAHAI)
Keywords
Where LifeBank is headquartered
LocationHeadquarters
- HQ city
- Yaba
- HQ country
- Nigeria
- HQ region
- Africa
Markets served
LifeBank business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D
LifeBank product offering
Product offeringCore offering
LifeBank operates a healthcare supply chain that delivers critical medical products—including blood, oxygen, and medical consumables—to healthcare facilities. It functions as a logistics and distribution service connecting suppliers of life-saving medical resources with hospitals, clinics, and other healthcare providers that need reliable, time-sensitive access to these supplies.
Product overview
Based on the available source data, LifeBank (lifebankcares.com) presents itself as a single offering under the LifeBank name; no additional sub-products, modules, or architectural details are specified.
Differentiator
Problem solved
Functional benefit
Products and services
- LifeBank Blood Supply Chain
Companies that use LifeBank
Customer profileIdeal customer profiles1 record
LifeBank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
LifeBank partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights3 records
LifeBank competitors and assessment
Company assessmentDirect peers
- Zipline: Operates drone-based delivery of blood, vaccines, and medical supplies across Africa (Rwanda, Ghana, Nigeria, others). Directly comparable last-mile medical logistics model targeting the same hospital customers as LifeBank.
- mPharma: Ghana-headquartered health-tech company managing pharmaceutical supply chain, inventory financing, and patient access programs across Africa. Comparable healthcare supply chain platform play targeting hospitals and pharmacies.
- Field Intelligence: Nigeria- and Kenya-based pharmaceutical supply chain company offering inventory financing and distribution to hospitals and pharmacies. Directly comparable B2B medical logistics and supply financing model.
- Lifestores Healthcare: Nigeria-focused pharmaceutical distribution and retail platform serving pharmacies and hospitals. Comparable African pharma supply chain operator with overlapping target customers.
- Kasha Global: Rwanda-based last-mile distribution platform for health products, personal care, and pharmaceuticals serving clinics, pharmacies, and households in East Africa. Comparable medical product distribution and logistics operator.
Regional players
- Maisha Meds: Kenya-based health-tech platform managing pharmaceutical supply chain and point-of-sale data for clinics and pharmacies across East Africa. Comparable supply chain platform for medical products in an African geography.
- Africa Medical Supplies Platform: Continental B2B marketplace launched during COVID-19 to distribute PPE, diagnostics, and medical supplies to African governments. Comparable cross-border medical procurement and distribution role at a regional scale.
Broad incumbents
- Helium Health: West Africa-headquartered health-tech company offering EMR, hospital management, and financing to healthcare facilities. Broader incumbent serving overlapping hospital customers with adjacent software plus financing offerings.
- Reliance Health: Nigeria- and Egypt-based integrated health insurer and provider operating its own clinic network and telemedicine. Broader incumbent in Nigerian healthcare with overlap on healthcare facility partnerships.
Emerging players
- RxAll: Nigeria/US-based startup using spectroscopy and AI to authenticate drugs and operate a B2B pharmaceutical marketplace. Partial overlap in African pharma supply chain integrity.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
LifeBank social profiles
Digital presenceLifeBank financial estimates
Financial estimateRevenue estimate
Valuation estimate
LifeBank leadership team
Management profileNumber of profiles
Profiles1 record
LifeBank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LifeBank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LifeBank
What does LifeBank do?
LifeBank operates a healthcare supply chain that delivers critical medical products—including blood, oxygen, and medical consumables—to healthcare facilities. It functions as a logistics and distribution service connecting suppliers of life-saving medical resources with hospitals, clinics, and other healthcare providers that need reliable, time-sensitive access to these supplies.
Is LifeBank a public or private company?
LifeBank is a private company. It is classified as venture growth investor backed and is currently operating.
When was LifeBank founded?
LifeBank was founded in 2015. It employs 101 to 250 people.
Where is LifeBank based?
LifeBank is headquartered in Yaba, Nigeria, in the Africa region.
Who are LifeBank's main competitors?
Direct peers on record are Zipline, mPharma, Field Intelligence, Lifestores Healthcare and Kasha Global. Regional players are Maisha Meds and Africa Medical Supplies Platform. Broad incumbents are Helium Health and Reliance Health. RxAll is listed as an emerging player.
Does LifeBank have an API?
No public API is recorded for LifeBank.
What industry is LifeBank in?
LifeBank's product category is Healthcare Logistics. Its primary akta.pro industry code is HLAGAMAA, Life Sciences Cold Chain Logistics (2–8°C, -20°C, -80°C), with a secondary code of TLADAHAI, Pharma & Life Sciences Cold Chain Transport (GDP). Its SIC code is 5047.