• Partners
  • Privacy Policy
  • About Us
  • Contact Us
  • Submit an Article
Friday, July 4, 2025
Digital Boom
  • News
  • Startups
  • Marketing
    • Digital Advertising
    • Insights
  • Campaigns
  • Tech
  • Guides
  • Market Watch
  • More
    • Careers
    • Ramadan Specials
    • Culture
    • Travel
    • Glossary
    • Apple Updates
    • Facebook Marketing Hub
No Result
View All Result
  • News
  • Startups
  • Marketing
    • Digital Advertising
    • Insights
  • Campaigns
  • Tech
  • Guides
  • Market Watch
  • More
    • Careers
    • Ramadan Specials
    • Culture
    • Travel
    • Glossary
    • Apple Updates
    • Facebook Marketing Hub
No Result
View All Result
Digital Boom
No Result
View All Result
Home News

TheSocialMedwork raises $1.7 million in funding

Lina Gilani by Lina Gilani
October 3, 2018
in News, Startups
10
TheSocialMedwork raises $1.7 million in funding
352
VIEWS

Young social impact startup TheSocialMedwork, which works to solve access to medicines across the world, has signed new funding and the first of new high profile ‘ambassadors.’

Social Impact Ventures has agreed to fund the fast-growing healthcare startup further. TheSocialMedwork was already angel-funded by acclaimed Silicon Valley healthcare investor-activist Esther Dyson for approximately  $2.9 million. Social Impact Ventures agreed upon an additional $1.7 million in funding.

Social Impact Ventures, the largest Dutch social impact venture capital fund, empowers entrepreneurs to solve pressing social or environmental challenges. At its helm is Willemijn Verloop, former founder and chief executive of War Child.

“It takes game-changers who see things differently to create social movements. Our mandate is to seek out those who can put their idealism to work. Sjaak and the team at TheSocialMedwork showed us that they have the drive, passion, and ability to open up the best medicine for everyone and make a real change on a global scale.” says Verloop. “This investment in TheSocialMedwork is a meeting of hearts and minds.”

Willemijn Verloop will join TheSocialMedwork’s new Supervisory Board. Verloop will be joined on the board by Neelie Kroes, former EU Commissioner, highly regarded politician, and a key figure in the Dutch start-up ecosystem. Kroes made a name campaigning for fairness in international business practices. In 2008 dished out record fines of 1.8 billion euros (at the time) for cartel pricing as EU Commissioner for Competition. “Healthcare has lost sight of the people it serves. TheSocialMedwork is solving an understated problem, one which was consistently recognized by the EU Council: the unacceptable gap in the availability of medicines.”

TheSocialMedwork, founded in 2015 by Sjaak Vink, makes the latest approved medicines accessible to patients and doctors in countries where medicines are not (yet) available (with a focus on life-threatening and debilitating illnesses). Vink has the vision to build a unified global health platform where medicines are accessible and affordable for everyone.

Helping patients access unavailable medicines is just the first step in building a new universal health platform that applies new thinking, new opportunities, and new technology to solve the world’s healthcare issues.

“We are excited Neelie and Willemijn join us in our mission at the same time that we achieve deliveries of these kinds of medicines to patients and doctors in over 70 countries. We were unaware there is such a high need in so many countries and are honored to play a small role in helping every patient and doctor. With the new funds from Social Impact Ventures, we intend to professionalize our systems further, recruit new staff, and enable our service to help more patients and doctors. For me, we are responsible for not only helping people right now but also help to create a sustainable future alternative that serves everyone.” said Founder and CEO Sjaak Vink.

TheSocialMedwork helps people access medicines currently available in the Middle East but approved by foreign health regulatory authorities, such as the U.S. FDA and EMA. Using existing legal structures for ‘named patient’ imports, the medical startup, which is fully licensed and regulated by the Ministry of Health in The Netherlands, delivers to patients across the GCC. Over 20% of TheSocialMedwork’s business is from helping people in the Middle East, and the demand for medicines via the platform is growing rapidly.

Join Our Community

Previous Post

Egyptian real estate platform ‘iCommunity’ raises $600K in Series A funding

Next Post

Marketing Kingdom Cairo 4: What to Expect

Lina Gilani

Lina Gilani

Related Stories

Amr Diab’s 2025 Album: Orange Sponsorship, Apple Music Comeback
News

Amr Diab’s 2025 Album: Orange Sponsorship, Apple Music Comeback

July 3, 2025
Germany Begins Government-Wide Exit from Microsoft Software
News

Germany Begins Government-Wide Exit from Microsoft Software

June 14, 2025
Builder.ai Ceases Operations After $1.3 Billion Valuation Collapse
News

Builder.ai Shuts Down After Layoffs and Investor Pullout

May 26, 2025 - Updated on May 28, 2025
Thndr Raises $15.7M to Expand into Wealth Management in MENA
Startups

Thndr Raises $15.7M to Expand into Wealth Management in MENA

May 26, 2025
Nawy Raises $75M to Accelerate Real Estate Tech in MENA
Startups

Nawy Raises $75M to Accelerate Real Estate Tech in MENA

May 18, 2025
Inside Radi Farms: The Agritech Startup Reshaping Egypt’s Food Supply Chain
Startups

Inside Radi Farms: The Agritech Startup Reshaping Egypt’s Food Supply Chain

April 7, 2025 - Updated on May 27, 2025
Amr Diab’s 2025 Album: Orange Sponsorship, Apple Music Comeback

Amr Diab’s 2025 Album: Orange Sponsorship, Apple Music Comeback

July 3, 2025
The Complete Guide to Marketing Attribution in 2025: Advanced Models, MENA Insights & Server-Side Implementation

Marketing Attribution Guide for MENA Marketers

June 25, 2025 - Updated on July 1, 2025
What Is Conversion Rate? Definition, Formula & Benchmarks

What Is Conversion Rate? Definition, Formula & Benchmarks

June 25, 2025 - Updated on June 27, 2025
How to deactivate or delete your Snapchat account?

How to Delete Your Snapchat Account (Step-by-Step 2025)

June 25, 2025 - Updated on June 27, 2025
Chief Marketing Officer Job Description

Chief Marketing Officer (CMO) Job Description in MENA: Skills & Salary Guide 2025

June 25, 2025
How to delete your TikTok account

How to Delete Your TikTok Account Permanently (2025 Guide)

June 25, 2025
Digital Boom

© 2025 Digital Boom, Inc.

More About Us

  • Partners
  • Privacy Policy
  • About Us
  • Contact Us
  • Submit an Article

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
  • Startups
  • Marketing
    • Digital Advertising
    • Insights
  • Campaigns
  • Tech
  • Guides
  • Market Watch
  • More
    • Careers
    • Ramadan Specials
    • Culture
    • Travel
    • Glossary
    • Apple Updates
    • Facebook Marketing Hub

© 2025 Digital Boom, Inc.