EGYPT – Rolog, an Egyptian e-health startup, has raised US$860,000 in a pre-Series A funding round which it will use primarily to fuel its growth in Saudi Arabia and Kenya.
The e-startup which was founded by Amr Abodraiaa, Moaaz Hossam, Mahmoud Eldefrawy and Bassam Khallaf in 2017 has built a cloud-based platform that provides intelligent matchmaking between patients and remote radiologists.
The startup’s technology can be launched with zero setup costs for hospitals as well as for radiologists, and gives radiologists the freedom to work from anywhere in the world as long as they have access to a laptop and internet connection.
According to Diruspt Africa, the e-startup has so far launched its services in 5 countries and works with more than 87 hospitals.
The start-up’s US$860,000 pre-Series A funding round is led by Egyptian investment firm HIMangel, and also includes investments from Dubai Angel Investors (DAI), Asia Africa Investment & Consulting (AAIC), and Athaal Group from Saudi Arabia.
“For the last three years we saw firsthand how Rology’s services help hospitals offer fast and accurate care to their patients and how it can literally save patients’ lives,” said Amr Abodraiaa, Rology’s chief executive officer (CEO) and co-founder.
“We look forward to expanding Rology’s platform to the African and Middle Eastern market where there is a huge need for Rology’s services and ultimately help hospitals offer better care to their patients.”
Amr Abodraiaa – Rology’s chief executive officer (CEO) and co-founder.
HIMangel chairman Khaled Ismail, said his company had identified Rology as being one of the most promising startups in healthtech around two years ago adding that they liked very much that the startup was tackling the global shortage in radiologists using technology.
Lack of universal access to healthcare has led to the mushrooming of e-health startups across the continent.
The e-health start-ups have launched a number of innovative solutions for the unique problems facing the Health sector in Africa.
Aldoctor, an Egyptian e-health startup, was for instance launched to provide users with on-demand access to medical practitioners.
The Covid-19 pandemic caused a rise in demand for the startup’s services and it has since embarked on an expansion plan in the country in a bid to make accessing healthcare more affordable and efficient to all Egyptians.
In Nigeria, Healthlane was launched to provide modern, online consultations for local and remote patients, alongside traditional face-to-face public health services – across Africa.
Last month, the startup received US$2.4 million in investment funding from a number of investors including British based Venture Capital fund Digital Horizon to enable it scale up its operations.
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