MedIQ, a Pakistani female-founded health tech startup, has secured $6 million in Series A funding to expand its operations across the Middle East. The round was led by Qatar’s Rasmal Ventures and Saudi Arabia’s Joa Capital, with strong follow-on support from existing investors.

Founded in 2020 by physician-turned-health economist Dr. Saira Siddique, MedIQ is on a mission to become the operating system for healthcare in the MENAP region. The company offers a proprietary digital platform that connects patients, providers, and insurers — delivering tools like EHR, telehealth, e-pharmacy, AI decision support, and revenue cycle management.

The new capital will help MedIQ scale its AI-powered “Digitally Integrated Hybrid Healthcare Ecosystem” across Saudi Arabia and into Qatar and neighboring GCC markets. The company plans to digitize healthcare facilities and insurance back-office operations, aiming to offer a seamless, patient-first experience in line with Saudi Arabia’s Vision 2030 goals.

“People don’t just suffer from illnesses — they suffer from the system,” said Dr. Siddique. “MedIQ isn’t just another health app. We’re building the backbone of digital healthcare — a scalable infrastructure that improves outcomes and reduces costs. It started with a simple idea: what if healthcare worked like any modern service — connected, convenient, and patient-first?”

Dr. Siddique launched MedIQ after experiencing a year-long personal health crisis that left her hospitalized and paralyzed. That experience exposed the deep inefficiencies in Pakistan’s healthcare system — and sparked the idea for a more connected, technology-driven approach.

MedIQ entered Saudi Arabia in 2023 and has already gained traction. The company says it serves over 10 million users and is EBIDTA-positive. With a strong tech stack and local presence, it’s now aiming to capture a share of Saudi Arabia’s SAR 7.2 billion health tech market.

Investors believe MedIQ is just getting started.

“We truly subscribe to the mission of improving healthcare using technology,” said Yousef AlYousefi, CEO of Joa Capital. “We’re excited to see MedIQ continue its growth in Saudi Arabia, where it has become the undisputed market leader. These growth plans underline the company’s commitment to creating value for patients and healthcare providers in the Middle East.”

Soumaya Ben Beya Dridje, Partner at Rasmal Ventures, added: “MedIQ’s bold vision to transform healthcare delivery across the Middle East and beyond deeply resonates with us. Led by Dr. Saira, their mission-driven, execution-focused team exemplifies the kind of ambition and innovation we are eager to support.”

Since its launch, MedIQ has raised $9.8 million and grown its team to 180 people between Islamabad and Riyadh.