Saudi Arabia's Health-tech Startup Nala Scores $1 Million, Launches First Arabic Medical AI Platform
With this new development, the startup aims to significantly reduce the cost of healthcare.
Digital health service startup Nala announces the launch of its Artificial Intelligence platform that enables instant medical diagnosis in Arabic. To further its growth, Nala has obtained $1 million in its first financing round, led by Alaraby Investment, which is a Dubai-based investment group that invests in high-growth companies. The funds gained will also allow the startup to strengthen its position in the region’s digital healthcare industry by growing its user base.
“Our mission is to reduce the cost of healthcare by a tenfold while providing an exceptional healthcare experience. Our whole team is in Riyadh, and all of our human capital investments go into local talent. We made a bet on local talent, and I can say with full confidence, that it pays very well,“ says Othman Abahussein, founder and CEO of Nala.
Established in February, the Riyadh-based startup has quickly rose to prominence in the digital health market by winning numerous awards and receiving multiple accolades by the Ministry of Communication and IT in Saudi Arabia. The startup partnered up with a dozen of doctors that are licenced by the Saudi Commission for Health Specialties which have helped in the development of the new platform. With this new technology, patients can receive instant diagnosis that is both precise and efficient.
Nala’s new platform will be an addition to their existing digital health service, which provides users with instant access to personalised healthcare through a mobile application, which has so far received 50,000+ downloads.
