We are leading a 45 million SAR investment round in Vezeeta – the leading digital healthcare platform in MENA connecting patients with healthcare providers and health services. The financing will be used to fund Vezeeta’s continued regional expansion and for further investments in key new products.
Healthcare is one of the most promising sectors in MENA, with robust annual growth and a value expected to reach $100+billion in 2020. The sector is currently undergoing a transformation driven by the rapid technological adoption across the region.
Vezeeta provides consumers with the ability to discover and book medical appointments and health services improving healthcare access for millions and increasing the efficiency of the sector. Empowering patients through data is Vezeeta’s mission to MENA. It also provides innovative SaaS solutions that utilize cloud computing and big data to empower patients and doctors; building the infrastructure needed for the development of the broader healthcare ecosystem.
Vezeeta has managed 3 million bookings in the region, served 2.5 million consumers/patients, and connected more than 10,000 doctors in Egypt, Saudi Arabia and Jordan.
We love to support capable founders who are transforming major industries. Upon meeting Amir and Vezeeta’s management team, it was immediately apparent to us that they are on such a mission. We believe Amir and the Vezeeta team have built what can potentially elevate the healthcare experience in the region and are ready to scale.
Vezeeta was founded by Amir Barsoum who worked as a management consultant at one of the top global firms, advising public and private clients across Europe and MENA with a focus on the healthcare sector. Amir also led the development of the MENA strategy for one of the largest multi-national pharmaceutical companies in the world. We are excited to be partnering with Amir and his team on the mission of providing a better healthcare experience using technology in MENA.
Our co-investors in the round are BECO Capital, Crescent Enterprises Ventures, Silicon Badia, and Vostok New Ventures.