Egyptian digital healthcare startup Vezeeta has raised a $12 million Series C funding round led by Saudi Technology Ventures (STV).
Vezeeta is a digital healthcare booking platform and practice management software. Patients are able to search, compare, and book the best doctors in just few minutes. Doctors also provide Patients with more organized healthcare experiences through the clinic management software.
Vezeeta has managed three million bookings in the region, served 2.5 million patients and connected more than 10,000 doctors in Egypt, Saudi Arabia, and Jordan.
Crunchbase estimates the total funds Vezeeta raised since launched in 2013 with $22.5 million. According to Crunchbase, Vezeeta had raised over $1,3 million in 2013 (Series A), 2.6 million in 2014 then 6.5 million in 2017 (Series B), followed by today’s (Series C) investment.
We are thrilled to announce our Series C funding round of USD 12 Mn led by STV, the largest VC fund in the region.@STVCapital
— Vezeeta.com (@VEZEETA_Egypt) September 19, 2018
Amir Barsoum, co-founder and chief executive officer (CEO) of Vezeeta said:
“We are thrilled to see STV leading this round, we could not find a better investment team or strategic partner to help us take Vezeeta to its next stage in the region. We also welcome to our prominent investors profile CE-Ventures, and we are proud to receive the continuous support from our current investors BECO Capital, Vostok New Ventures and Silicon Badia.”
STV partner Hani Enaya said “We love to support high-calibre 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 can truly elevate the healthcare experience in the region,” he said.
