Dr. Saira Siddique raised $6 million for her healthcare tech startup, MedIQ, led by Rasmal Ventures and Joa Capital. This funding will help expand the services of her innovative platform into Saudi Arabia and Qatar.

Apr 30, 2025•3 months ago

Amount Raised

$6 Million

RiyadhHealth Care

Investors

Joa CapitalRasmal Ventures

Description

Dr. Saira Siddique launched MedIQ, Pakistan's first B2B virtual care platform, after experiencing issues with the healthcare system. She raised $6 million in funding from Rasmal Ventures and Joa Capital. The funds will expand the startup's footprint in Saudi Arabia and Qatar

Company Information

Company

MedIQ

Location

Riyadh, Riyadh Region, Saudi Arabia

About

MedIQ Solutions is a health technology company developing software and technology solutions for patients, providers, and payers. We enable medical practices of all sizes to digitize their services through our white-labeled and customized solutions. We offer a range of technology solutions, including electronic health records, practice management, patient experience management, revenue cycle management, and medical billing, to make healthcare delivery efficient and cost-effective. MedIQ's advanced technology and easy usability facilitate quality decision-making, streamline operations, and ensure compliance.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Dr. Saira Siddique raised $6 million for her healthcare tech startup, MedIQ, led by Rasmal Ventures and Joa Capital. This funding will help expand the services of her innovative platform into Saudi Arabia and Qatar.

Investors

Description

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