Egyptian Healthtech Startup, Docspert raises Six-Figure in Seed Funding

Docspert Health, a Cairo-based telemedicine startup has announced that it has secured a six-figure US dollar seed funding.

Fueled by the round of investments it has received from Flat6Labs and a group of angel investors in the United States and the United Kingdom, the platform plans to extend its services across the whole of Egypt and then venture into the Arabian Gulf.

Docspert Health

Launched by a group of medical doctors in February 2020, Docspert Health is the first of its kind. Through its online platform and video conferencing, it serves as a connector between patients in Africa and the Middle East and world-class medical experts, eliminating the need and cost of traveling.

Docspert Health offers its services in more than 40 medical specialties through a network of over selected leading medical experts in the US, UK, and Europe. Patients are able to arrange for video conference appointments with specialists, seek a medical opinion, and in more complex cases, a multi-disciplinary opinion.

Currently, the startup is a part of Flat6Labs Cairo’s ongoing cohort and is gearing up to exhibit its progress at the accelerator’s demo day in February 2021.

Commenting on the success of the startup, Hisham Mehanna, chairman of Docspert Health and a head and neck cancer surgeon, said:

“We are extremely pleased to have closed this deal with a group of angel investors from Silicon Valley and London. The investors were particularly attracted not only to our innovative platform and business model but also to our ethos of social responsibility.”

“They were keen to help Docspert Health in its journey to provide the best medical advice to the people of the Middle East and Africa.”, he adds.

In addition, Albert Malaty, Managing Director of Flat6Labs Cairo, remarked on the investment into the health tech startup.

“Docspert’s innovative global health tech platform, alongside their strong founding team, adds up to a recipe for success. Flat6Labs Cairo is looking forward to being part of their growth journey.”, he said.

In line with its mission to provide every patient in Africa and the Middle East access to expert medical opinions, the e-health startup has dedicated up to 5% of its profits to give free consultations to people who cannot afford the service.

Don’t miss important articles during the week. Subscribe to techbuild weekly digest for updates.