Wednesday July 17th, 2024
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Egyptian Healthcare Platform Rology Scores $860K in a Pre-Series A Funding

Aiming to solve a global radiologist shortage, the startup is set to use the investment for growth outside of Egypt.

Staff Writer

Launched in 2017 by Amr Abodraia, Moaaz Hossam, Mahmoud Eldefrawy and Bassam Khallaf, Egyptian healthcare platform, Rology, is set to push forward with growth in Saudi Arabia and Kenya, thanks to a fresh investment of $860,000.

Having backed the startup in 2018 in its seed round, Khaled Ismail’s HIMangel leads the new investment, with participation from Saudi, Emirati and Japanese investors, including Dubai Angel Investors and Asia Africa Investment & Consulting.

What Rology does - in layman’s terms - is use what can best be described as a matchmaking process to remotely connect patients (or more specifically their radiology scans) with radiologists, with a view to feedback and consultation. The cloud-based platform prioritises radiologists by their specialisation in relation to each given case and can be accessed by hospitals with no set-up costs.

Currently working with 87 hospitals in five countries, Rology was conceived by its founders as one way to solve the shortage of radiologists. 

“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 save patients' lives,” co-founder and CEO, Amr Abodraia, said in reference to the new investment. “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."

As part of the investment, Rology’s board has gained several new, accomplished members; VP of Developer Relations at Google Cloud, Amr Awadallah; Asia Africa Investment & Consulting director, Shigeru Handa; and Athaal Group's Khaled Sharbatly.

Find out more about Rology here.


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