Best 10 maximum funded fitness tech startups in MENA area

Best 10 maximum funded fitness tech startups in MENA area

CAIRO: In a post-pandemic technology, other people have by no means been extra conscious about their wellness, together with bodily well-being and prevalent fitness problems.

COVID-19, alternatively, had a vital impact on generation.

When quarantines and social distancing changed into a day-to-day norm, other people used virtual applied sciences to engage with the arena, particularly in healthcare.

The end result: The healthcare business changed into one of the most quickest rising sectors on the earth and gave upward push to more moderen trade fashions akin to telehealth and next-gen controlled care. Arab Information compiled an inventory of the highest 10 maximum funded health-tech startups within the Heart East and North Africa area.

Vezeeta

General investment: $73 million

Founders: Amir Barsoum and Ahmed Badr

Traders: BECO Capital, Silicon Badia, Vostok New Ventures, Crescent Enterprises’ CE-Ventures, Endeavour Catalyst and STV

Headquarters: Egypt

Based in 2012, Vezeeta provides appointment control instrument for medical doctors and healthcare suppliers to regulate their operations higher.

The corporate additionally supplies sufferers with a unfastened platform to e book their appointments, as medical doctors can go for the platform the use of a subscription type.

In 2020, Vezeeta controlled to protected $40 million in a chain D investment spherical to roll out new merchandise and introduce its telehealth products and services.

Altibbi

General investment: $52.5 million

Founders: Jalil Labadi and Abdel Aziz Labadi

Traders: Basis Holdings, Hikma Ventures, International Ventures and DASH Ventures

Headquarters: UAE

Based in 2008, Atlibbi is a virtual platform that permits customers to obtain far off clinical consultations and hook up with pros by way of calls and textual content chats.

The corporate has over 10,000 medical doctors on its platform and received the International Summit Award for the Absolute best Virtual Well being Content material Award and the Schwab Basis for Social Entrepreneurship.

In its newest investment spherical, Altibbi raised $44 million in a chain B investment spherical in March 2022 to make stronger its generation and e-pharmacy products and services.

Bayzat

General investment: $31 million

Founders: Talal Bayaa, Tarek Bayaa and Brian Habibi

Traders: Mohammed Bin Rashid Innovation Fund, Point72 Ventures, Mubadala, Beco Capital, Silicon Badia and Hamed Kanoo Co.

Headquarters: UAE

Based in 2013, Bayzat is a internet and cell software that permits shoppers to shop for and promote medical health insurance.

The corporate’s fitness tech platform compares medical health insurance and provides them the most productive choices. Elevating $16 million in a chain B investment spherical in 2019, the corporate used its investment to empower its generation to serve its shoppers higher.

It additionally supplies HR answers for firms.

GluCare Well being

General investment: $20 million

Founders: Ali Hashemi and Ihsan Almarzooqi

Traders: Polymath Ventures

Headquarters: UAE

Based in 2020, GluCare provides diabetic care within the medical institution and just about for its sufferers the use of its information tracking and synthetic intelligence.

With the corporate’s software, sufferers can hook up with a care staff to observe glucose, insulin, nutrition consumption and extra. 

Best 10 maximum funded fitness tech startups in MENA area

Selfologi

General investment: $18 million

Founder: Tamer Wali

Traders: Xenel

Headquarters: UAE

Based in 2020, Selfologi is a web based platform for cultured clinical remedies that permits customers to e book appointments with medical doctors in fields like botox, hair elimination, pimples scarring and extra.

The corporate raised its $18 million funding in a spherical led through its founder and angel investor, Tamer Wali, with participation from Xenel world workforce. 


Tamer Wali, founding father of Selfologi.

Okadoc

General investment: $12 million

Founders: Fodhil Benturquia

Traders: Abu Dhabi Funding Place of business, Ithmar Capital and iGan Companions

Headquarters: UAE

Based in 2018, Okadoc is an appointment reserving platform supplier that permits other people to seek for the closest medical institution, practitioners and hospitals.

In 2020, the corporate closed its $10 million collection A investment, expanded its operations and promoted its telehealth providing and digital consultations.

Yodawy

General investment: $8.5 million

Founders: Karim Khashaba, Yasser AbdelGawad and Sherief El-Feky

Traders: International Ventures, MEVP, Algebra Ventures, CVentures, P1 Ventures and Athaal Angel Traders Workforce

Headquarters: Egypt

Based in 2018, Yodawy is a digital pharmacy offering a market for individuals who need get admission to to drugs with over 3,000 pharmacies.

In mid-2021, the corporate secured $7.5 million in a chain B investment spherical to construct its virtual market to serve its wide variety of shoppers.

Aumet

General investment: $8.5 million

Founders: Yahya Aqel and Shahed Altawafsheh

Traders: 500 Startups, Proper aspect capital, TechStars, Shorooq Companions and Plug and Play

Headquarters: Saudi Arabia and Jordan

Established in 2020, Aumet is a B2B market for healthcare suppliers to shop for provides from shops. In 2020, the corporate raised $1.25 million in a seed investment spherical and had now not disclosed its later investments.

Medsien

General investment: $5 million

Founders: Hamed Ahmadi and Sina Torabi

Traders: Merus Capital, Naples Era Ventures and Candou Ventures

Headquarters: UAE

Based in 2018, Medsien is a protracted care control platform for clinical pros that perform within the UAE and USA.

In its seed investment spherical, the corporate raised $4.3 million to extend its presence in the USA and develop its choices.

Well being at Hand

General investment: $4 million

Founder: Charlie Barlow

Traders: Simon Charlton and Rockfirst Capital

Headquarters: UAE

Born in 2015, Well being at Hand is a cell software that facilitates digital consultations for sufferers with nonemergency stipulations like colds, coughs and others.

The corporate raised its general investment in a seed spherical in 2017 to broaden its generation additional and introduce its subscription-based type.

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