Egyptian Health And Wellness Platform Esaal Raises $1.7M To Scale Across Mena
05/25/22, 8:05 AM
Money raised
$1.7 million
Round Type
seed
There’s a vast unmet demand for medical consultation in developing markets like Egypt due to low doctor supply. As of 2018, Egypt’s doctor to citizen ratio stood at 1:2,000; you can paint a picture when you walk into any government hospital and see long queues.
Company Info
Additional Info
The Egyptian healthtech company also employs a B2B2C model where it has partnered with over 10 medium to large companies to provide these services to their 5,000+ employees. The online health and wellness consultation platform plans to use this investment to scale across MENA, invest in product and brand development and hire more talent. Esaal isn’t only in the business of consultations on physical health. Like most healthtech platforms, Esaal was one of the beneficiaries of the pandemic-induced lockdown that opened up opportunities in healthtech.