Qatari-based health-tech platform At Home Doc has raised $1.9 million in a pre-series A round led by Elaj Group’s investment arm Tawasol Holdings, endorsed by Qatar Development Bank (QDB) and other angel investors.
Ahead of December 2022, At Home Doc today announced that they are partnering with Elaj Group and are set to accelerate the all-inclusive healthcare expansion of home care services in KSA. Founded in 2016 by Hesham Elfeshawy and Hatem ElFeshawy, At Home Doc aims to expand the reach of healthcare services in the MENA & GCC regions using innovative tech to make healthcare universally accessible and affordable through its partnership with Elaj Group by delivering a plan to use the investment for driving the startup’s operational expansion in KSA.
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Tawasol Holdings for Financial Investments is an affiliate of Elaj Group and its investment arm. Tawasol strives to utilise its presence in the Middle East through its operator “Elaj Group” to benefit from synergies and sizes providing leading health care services focused on closing the gap of tertiary care services as a main focus, however, Tawasol also has investment funds in real estate, fintech and insurance. Since launching in 1994, Elaj Group has become the leading healthcare delivery system currently operating across 10 countries on four continents with medical centres, hospitals, and medical labs. Through the strategic partnership with At Home Doc, Dr. Mohamed Hassan Amin, Elaj Group CEO and Forbes Top Healthcare Leaders 2022 aims to introduce At-Home Doc’s unrivalled healthtech solutions to provide primary care that will impact their customers’, patients’, and providers’ experiences in KSA.
Qatar Development Bank (QDB) – Qatar Development Bank has made significant efforts to modernise the infrastructure of the healthcare system and increase access to services in the country, based on its vision of accelerating the development and diversification of the Qatari economy in line with the Qatar National Vision 2023. As a result of QDB previous investment in At Home Doc in 2018, They Developed “A.I.D.A”, real-time diagnosis AI for instant virtual diagnosis and supported by delivering comprehensive medical needs to your doorstep at the push of a button.
“Parties have a common interest to formulate a joint venture ELAJ-AT HOME and assign a workforce to execute the framework for the potential collaboration. The potential collaboration is to pilot operations in the Saudi Market” said Hesham Elfeshawy, At Home Doc CEO. “ELAJ-AT HOME aims to create a global digital clinic that incorporates doctors, medical labs and hospitals throughout the entire group’s entities in one digital platform, making quality healthcare accessible for patients everywhere”
The partnership will accelerate the all-inclusive healthcare expansion of home care services which include but are not limited to doctor home visits, telemedicine, medication delivery as well as at-home lab services for all Saudi and non-Saudi employees and their families in the private sector, decreasing expenditure, and increase the percentage of patients with a digital health record for corporates and individuals while leveraging its unique health tech digital platform “Metadoc”.
The platform is aimed at patients who can’t travel a large distance for an in-person visit, offering them tools to connect instantly with their primary care provider. These tools include fundamentals, like online consultations, in-person home services, prescription refill and memberships giving patients discounts, as well as a variety of entertaining features, like watching, sharing and creating informative health and wellness bite-sized videos on the mobile app.
Digitising and automation of healthcare platforms using deep technology towards an easier patient experience and patient-centric point of care.
Spreading awareness about the support of Elaj Group and Tawasol to Healthtech startups by adopting the C-VC model and also benefiting from the out-of-box solutions by onboarding startups in the ecosystem and onboarding their solutions to our Assets under management.
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