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Tabib Baghdad raises seed round

Wamda

Healthtech startup Tabib Baghdad, which connects patients to doctors for appointment bookings has raised a six-figure seed funding round through the recently launched Iraqi Angel Investors Network and led by KAPITA and Nass Al Iraq. In addition, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH with its project “ICT for Youth in Iraq” matched a grant of $20,000 towards this round, as part of its support to the Angel Network and the Iraqi startup ecosystem.

Founded in 2018, Tabib Baghdad now counts more than 300 doctors on its platform and has facilitated more than a thousand bookings. The recent investment will be used to expand its operations to cover the whole country in the coming year.

‘’We estimate that there are more than twenty thousand doctors in Iraq today, but most patients are finding their doctors through word of mouth. Tabib Baghdad will allow patients to find a doctor they can trust,” said Ali Alkhazaj, founder of Tabib Baghdad. “With the funding in place, we are looking to optimise our backend technology to make the experience of our patients and doctors more seamless. Covid-19 has highlighted the potential of telemedicine in Iraq and this is an area that we are keeping a close eye on.”

The startup is a recent graduate of the ScaleUp Academy, the accelerator programme run by KAPITA where the company received training in preparation for its fundraising process.

“We are very happy to see the progress that Tabib Baghdad has made, from joining the ScaleUp Academy to raising its first round. Kapita remains committed to supporting founders across their startups’ lifecycle,” said Mujahid Waisi, the CEO of Kapita.

Bahaaddin Salim, the CEO of Nass Al Iraq, commented, “We see a great potential to disrupt and address the healthcare sector in Iraq through technology. We believe that Tabib Baghdad has all the right fundamentals to address this potential”. Nass Al Iraq is a holding company that uses innovation, modern management, and digital transformation to transform businesses.

 

November 26th 2020, 7:00 am
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