nVentures leads US$ 200,000 seed round into Flash Health to scale cashless outpatient care

Sri Lankan healthtech startup Flash Health has raised a US$ 200,000 seed round led by nVentures, with participation of angel investors across Sri Lanka, Singapore, and the United States.

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The funding marks a significant step for the company as it expands its footprint across insurers, large employers, and healthcare providers, positioning itself as one of the country’s most widely adopted digital platforms for everyday healthcare needs.

At the core of the startup’s offering is ‘Cashless OPD’, a service that allows employees and policyholders to access doctor consultations, medicines, diagnostics, and telemedicine services without paying out of pocket.

By removing upfront payments, the platform addresses a longstanding friction point in accessing outpatient care in emerging markets. This approach recently garnered global recognition when Cashless OPD won at the World Summit Awards, a UN-backed platform recognizing startups advancing Sustainable Development Goals.