Meddy raises $2.5 million in series A funding
Doha-based Meddy, a doctor booking platform has raised a $2.5 million in Series A round to scale up its operations in the UAE.
The funding round was led by US-based Modus Capital, along with participation from 212 Capital, QSTP, Kasamar Holdings, Dharmendra Ghai (Health Tech Angel), Innoway and others.
The platform helps patients find doctors and book appointments with them based on an array of filters and patient reviews.
Founded in 2016, Meddy claims to be the largest doctor booking platform in Qatar. It now operates in Dubai and Sharjah and plans to expand to Abu Dhabi and other emirates soon.
“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,” said Haris Aghadi, chief executive officer (CEO) of Meddy.
Meddy also provides a suite of products to clinics and their marketing teams to manage bookings, patient reviews, and analytics. It aims to help clinics 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 they provide have created a very strong foundation for rapid regional growth,” said Kareem Elsirafy, a partner at Modus Capital who will be joining Meddy’s board.
Meddy claims to have facilitated more than a hundred thousand bookings to date, generating over $50 million in billings to hospitals and clinics in Qatar and UAE.