Marking just its second investment since launching, the funding continues the Iraqi Angel Investors Network’s focus on the startups working in the medical field.
Iraq-based CRM solution startup, Teami, has raised their first investment, with the five-figure fund coming from the Iraqi Angel Investors Network. Teami has caught attention for its innovative software platform that assists medical agents in Iraq in managing on-field operations. The startup's tech is already currently being used by over 400 users and with their funding secured, they are focusing on expanding their marketing efforts and refining their product offerings.
The startup is held in high regard in the evolving Iraqi ecosystem, with the likes of Iraqi Tech Ventures, Kapita and GM of Careem in Iraq and Jordan, Mohamed Al Hakim, also participating in the funding round.
Founded by Mustafa Al Jaf, Teami is a graduate of KAPITA’s ScaleUp Academy and Orange Corner Baghdad accelerators, and has also received $20K in grants from global organisation Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), through its project ICT for Youth in Iraq.
For the Iraqi Angel Investors Network, this marks only their second investment, following its participation in funding for another Iraqi startup, Tabib Baghdad. “The large tech opportunity remains for B2C businesses in Iraq,” Manager of the network, Ali Al Suhail, said of the investment. “But Teami is proof that there are many problems to address and markets to create on the corporate side as well."
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