Skip to content
Business Company News, Medical Health Aged Care

Hola Health announces AUD4.5M venture investment to revolutionise on-demand healthcare in Australia

Hola Health 2 mins read

Perth, Australia – Hola Health, a leading Australian telehealth and medicine delivery company, has announced it has closed a AUD4.5 million Pre-Series A venture funding round led by M8 Ventures. This investment marks a pivotal moment in Hola Health's mission to revolutionise 'on-demand' healthcare in Australia, providing fast, value-for-money care within 15 minutes, 24 hours a day, 7 days a week.

The round was led by early-stage tech venture fund M8 Ventures with follow-on capital from existing investors.

Lenin Rajendran, Cofounder and CEO of Hola Health, expressed his enthusiasm for the partnership, stating, "This investment is not just a financial boost but a strong vote of confidence in our vision to make primary healthcare accessible and immediate for all Australians. We're now set to fast-track our growth, bringing our services to even more people across the country, and preparing for our first international markets."

Wait times are too long, with close to half of all Australian patients seeing a GP for urgent care forced to wait 24 hours or more for treatment, and a quarter of all patients waiting longer for appointments than they feel is acceptable. And the issue is more pronounced in regional areas, compounding existing inequities between urban and rural populations. 

Hola Health's success has been recognized with its recent recognition in the 2023 AFR Fast Starters list, highlighting its rapid growth and the increasing demand for accessible healthcare solutions. 

Emily Rich, General Partner at M8 Ventures, will be joining the Hola Health board. "We are excited to lead this round of investment for Hola Health. Their innovative approach to on-demand healthcare, combined with their impressive growth and commitment to excellence, aligns perfectly with our investment philosophy. We look forward to supporting Hola Health as they continue to expand and redefine healthcare accessibility in Australia," said Rich.

The investment will be used to scale Hola Health's operations, expanding its reach to more consumers and corporate customers. The company has already established partnerships with HealthEngine, MedAdvisor, TerryWhiteChemmart, and features in the Uber Eats and DoorDash pharmacy online marketplaces, demonstrating its commitment to integrating healthcare services seamlessly into Australians' lives.

Hola Health raised a seed round in 2023 led by FundWA.

About us:

**About Hola Health**

Hola Health is an on-demand telehealth and medicine delivery business revolutionising healthcare in Australia. With a focus on fast, value-for-money care, Hola Health offers consultations and medicine delivery within 15 minutes, 24/7. Founded by Lenin Rajendran (CEO), Thiru Rajendran (CTO) and Dr Vishnu Gopalan (Chief Medical Officer), Hola Health is on a mission to make healthcare accessible to all Australians, leveraging technology to overcome the challenges of long wait times and limited access to primary healthcare services. More about Hola Health at 

**About M8 Ventures**


M8 Ventures is a Sydney, Australia based venture fund manager cofounded by Emily Rich and Alan Jones and backed by some of Australia’s most-respected tech startup industry professionals. M8 Ventures backs world-class product-focused startups based in Australian and New Zealand. More about M8 Ventures at  


Contact details:

For media enquiries, please contact Alan Jones at M8 Ventures at or +61414987069


More from this category

  • CharitiesAidWelfare, Medical Health Aged Care
  • 19/04/2024
  • 06:00
Leukaemia Foundation

Hon. Anna Bligh AC Joins Leukaemia Foundation as National Ambassador: A Decade in Remission from Blood Cancer

The Leukaemia Foundation today unveiled a powerful addition to its team of Ambassadors, the Honourable Anna Bligh AC. As the former Premier of Queensland…

  • Contains:
  • Community, Medical Health Aged Care
  • 18/04/2024
  • 22:00
Hepatitis NSW

Hepatitis NSW supports World Liver Day with launch of new website highlighting liver health

Hepatitis NSW has joined the worldwide movement to celebrate World Liver Day on Friday, 19 April 2024. World Liver Day aims to raise awareness about the importance of liver health. The liver is one of the most important organs in your body and is also one of the largest. The liver is an essential organ that performs over 500 functions, in doing so it supports the stomach, the heart and the blood. Specifically, it cleans blood, breaks down food, stores energy and vitamins, sends energy and vitamins to the parts of the body where it is all needed, clots the…

  • CharitiesAidWelfare, Medical Health Aged Care
  • 18/04/2024
  • 15:08
Leukaemia Foundation

The biggest challenge of cancer patients that nobody talks about… How the Leukaemia Foundation is combatting cancer related fatigue

It’s the number one challenge of people with cancer in Australia[i], yet ‘cancer related fatigue’ is the often-unspoken side effect that drains and debilitates thousands of Australians every day. With approximately one in two cancer patients reportedly experiencing moderate to severe fatigue during treatment[ii], and for many in the years following, the Leukaemia Foundation believes the prevalence of cancer related fatigue could be much higher. According to CEO, Chris Tanti, with the incidence of blood cancer continuing to soar (by 47% in the last decade[iii]), this means at least 70,000 Australians living with the disease are facing a daily battle…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.