Egypt’s Vezeeta raises additional US$1.5 million to launch in Jordan, Lebanon

SOURCE: Techloy - Egypt’s Vezeeta raises additional US$1.5 million to launch in Jordan, Lebanon


Egyptian digital health startup, Vezeeta has raised additional US$1.5 million from three international investors to expand its services to Jordan and Lebanon.

Launched in 2011, Vezeeta takes the stress out of finding and booking a doctor. It offers a free, user friendly online search engine and app where one can search for doctors by speciality, area, and fees.

Once the doctor is chosen, the patient can either book automatically from the website, the mobile app, or through the call center (16676).

More than 70,000 patients have used the platform since launch and their reviews and ratings are available to help you decide on the doctor with the best medical service and the least waiting time.

Back in January, the startup raised US$5 million from regional and international investors in a Series B funding round for expansion across the MENA region.

This fresh funds, which forms the second part of the Series B round and brings it to a close at US$6.5 million, will enable the startup launch its services in Lebanon and Jordan.

Endeavor Catalyst, an innovative co-investment vehicle designed to support Endeavor Entrepreneurs, led this round with Jordan’s Silicone Badia, a previous investor in the startup, and Sweden’s Vostok new ventures, which participated in the first round, participating.

Rami Adwan, Endeavor Jordan mentor, will serve as the region’s general manager for the expansion, which will connect thousands more patients to healthcare practitioners through fast, around-the-clock, online appointment booking.

“We believe that it all starts with our talent and each country’s leadership,” Amir Barsoum, Vezeeta’s cofounder and CEO said to Thomson Reuters Zawya.

He added, “Employee empowerment and ownership are the keys behind our success story. We started off with four employees and today we have reached 150 and counting as we continue to grow and expand regionally. Appointing Rami speaks miles about where Vezeeta is going today and its potential in the region.”

SOURCE: Techloy - Egypt’s Vezeeta raises additional US$1.5 million to launch in Jordan, Lebanon