Altibbi has raised $6.5 million to support its digital health platform for the Arab world. Middle East Venture Partners and Dash Ventures led the round, with additional participation from TAMM, RIMCO Investments, Endeavor’s Catalyst Fund, and other undisclosed investors.
“We are fortunate to work with some of the reputable and supportive venture capital firms and strategic corporate VCs in the region, and confident that this partnership will further accelerate our efforts towards a more prosperous future with universal access to healthcare,” CEO Jalil Allabadi said in a statement. “The rapid growth of our company over the past years has clearly illustrated the ever-growing demand for innovative health solutions in our region, and we are delighted to witness first-hand how our products are solving real problems. Altibbi is proud to provide cutting-edge, inclusive health services and looks forward to further strengthening these solutions by offering the best connected health solutions the region has seen to date.”
Altibbi is primarily a telehealth company for the Middle East and North Africa (MENA) region. It works with employers to offer their employee 24-7 access to local primary care doctors. The app serves users in Saudi Arabia, Egypt, the United Arab Emirates, Kuwait, Bahrain, Qatar, Omar, Jordan, Iraq, and Palestine.
The company also has a free doctor Q&A platform where 12,000 doctors answer a combined 1,000 questions per day. Both of these features are offered online and through the company’s popular mobile app.
“The funding is fully dedicated to further growing the company, which has established an exceptional track record as a premier provider of trusted health and wellness information in the region, serving over 6 million people every month,” Ayman Sharaiha, cofounder and COO at Altibbi, said in a statement. “We believe there is a true opportunity to further build Altibbi’s portfolio of telehealth solutions for the benefit of companies and consumers in the region.”
Altibbi has partnered with Uber in the past, both to offer Uber users a free trial of the company’s telehealth service and to make that service available as a perk for drivers.
Source: http://www.mobihealthnews.com/content/altibbi-gets-65m-middle-east-focused-telehealth-offering