The startup aims to use the investment to upscale its operations in the United Arab Emirates.
Doha-based tech startup Meddy, a doctor-booking platform has raised $2.5 million in Series A investment. The round was led by US-based Modus Capital, with other entities such as 212 Capital, Kasamar Holdings and more also participating. The funds will go towards scaling up the startup’s operations, expansion and internal growth in the UAE.
“In the last six months, we have more than doubled our bookings and provider network in the UAE. We are excited to have more fuel to keep working on our mission to help patients make informed health decisions,” says Haris Aghadi, CEO of Meddy.
Established in 2016, Meddy’s platform helps patients find doctors and book appointments with them based on a variety of filters and patient reviews. Claiming to be the largest doctor-booking platform in Qatar, the startup now operates in Dubai and Sharjah, and plans to expand to Abu Dhabi and other emirates soon.
Meddy’s platform contains a suite of products to help clinics and their marketing teams manage bookings, patient reviews and analytics in order to improve their online presence and attract new patients.
“We see Meddy as the up-and-coming leader in providing booking services to clinics in the GCC. Haris and the team have proven they clearly understand the needs of their customers, and the positive feedback and value-added services they provide have created a very strong foundation for rapid regional growth,” says Kareem ElSirafy, a partner at Modus Capital, who will also be joining Meddy’s board of directors.
Meddy has garnered over a hundred thousand bookings since launch, allowing them to generate $50 million in billings to hospitals and clinics in Qatar and the UAE.
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