Saudi AI Healthtech Tuba Secures $8 Million Pre-Seed Funding

Saudi healthtech startup Tuba has secured $8 million in a pre-seed funding round led by Al-Waalan Investment, with participation from angel investors. Founded in 2025 by Fayez Al-Anazi - who previously worked to address Saudi Arabia’s used car market with Syarah - Tuba aims to streamline healthcare management using AI. The funds will bolster technical infrastructure, expand operations, and recruit talent to advance digital solutions across the Kingdom and beyond.

Al-Anazi highlighted Tuba’s mission to address inefficiencies in healthcare, leveraging AI to enhance transparency, reduce costs, and improve patient-provider experiences. The startup’s launch aligns with Saudi Vision 2030’s healthcare goals, which allocate 19% of the national budget ($48.3 billion) to modernise infrastructure and integrate technologies like telemedicine and electronic health records.

The health care sector in Saudi Arabia is ripe for innovation, as it exhibits high consumer readiness, with 84% of Saudis valuing digital health tools according to an article in the Oman Medical Journal in 2018, and regulatory reforms encouraging private-sector tech adoption.

Tuba enters a rapidly growing market, with Saudi hospitals expanding from 74 in 1970 to over 350 today. Its AI models target administrative workflows, rural telemedicine access, and predictive analytics.