• Agreement signed on 12 September 2018 introducing Axa as DabaDoc’s first institutional shareholder
• The capital raise will help enhance the company’s footprint in its existing geographies and further develop its offering
DabaDoc (“DabaDoc”), the Morocco-based healthtech platform connecting patients and health professionals in Africa, and Axa Insurance Morocco (“AXA”), have signed an agreement to introduce AXA as one of DabaDoc’s strategic shareholders. AXA is DabaDoc’s first institutional shareholder. The capital raise will help enhance the company’s footprint in its existing geographies and further develop its offering.
Zineb Drissi-Kaitouni, CEO and Co-Founder of DabaDoc said, “We are at the inception of a disruption in the way healthcare is delivered. Having AXA as a shareholder adds an important dimension to our mission of democratizing access to healthcare. We are excited about further growth prospects with this partnership and the expertise provided by AXA in our current and future markets."
Philippe Rocard, CEO of AXA Insurance Morocco said, "In the midst of a digital revolution in Morocco, customer expectations are rapidly evolving. AXA is therefore committed to transforming its role of indemnity payer into a partner facilitating the lives of its customers thanks to its services. As such, we are happy to contribute to the growth of DabaDoc, an amazing Moroccan startup. DabaDoc offers innovative services in the healthcare space, especially by facilitating patient journeys.”