Egyptian e-health startup Esaal raises $1.7m seed funding spherical

Egyptian on-line well being and wellness startup Esaal has raised a US$1.7 million seed spherical of funding to assist it develop additional throughout the MENA area.

Based in 2018, Esaal connects customers to licensed specialists in bodily and psychological wellness fields like medical, psychiatry, health, food plan and vitamin via video calls and chat-based consultations. Esaal customers can entry assist via a variety of mediums together with texting, voice calls, video calls and residential visits.

Since launching, the startup has aggregated over 350 consultants who’ve delivered well being and wellness providers to virtually a million distinctive customers. It has now accomplished the ultimate tranche of its US$1.7 million seed funding spherical, led by A15, which has been backing the corporate since its launch. 

This tranche brings the corporate’s whole funding thus far to US$3 million since being based in 2018, and might be used to spend money on product and model growth, develop the crew, and additional scale throughout the MENA area. Esaal’s providers are presently obtainable in eight international locations, together with Saudi Arabia, Tunisia, Kuwait, and Qatar.

“It’s been an unimaginable journey constructing an answer we’re supremely captivated with, with the unparalleled help of skilled and strategic buyers reminiscent of A15, who’re actually constructing this enterprise alongside us, with experience that has enabled our growth into key goal markets,” stated Fadi Doss, CEO at Esaal. 

“We’ve solely scratched the floor in an untapped market and are actively working to safe additional capital to gasoline our continued progress. Esaal has develop into a reputation synonymous with belief, high quality and entry to well being and wellness professionals that may assist customers acquire higher outcomes.”

Karim Beshara, managing accomplice at A15, stated the Esaal crew had laser focus and imaginative and prescient to create one thing really distinctive and purpose-driven in its market. 

“They’ve been prudent within the deployment of capital thus far, demonstrating excellent efficiencies in unit economics, which has enabled their growth ambitions. We’re proud to see their progress, and loved constructing the enterprise with them all through the final 4 years,” he stated. 

“There’s a lot extra to return from Esaal and this sector, and as they proceed to scale throughout the MENA area, it’s thrilling to see not simply the numerous progress and returns, however the distinction the crew continues to make with the providers they’re enabling customers to entry for higher well being.”

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