Nabta Health, hybrid healthcare platform dedicated to elective and preventive women’s healthcare, has raised $1.5m in its latest angel investment round. The Seed funding was led by Basim Anwer of Regionality Group of Companies, with participation from notable angel investors including Priya Oberoi, Founding General Partner of Goddess Gaia Ventures, Dr. Sarper Tanli, Operating Partner of TVM Capital Healthcare, and Nadia Mannell, Founding General Partner of Seed South Capital.
Nabta Health accelerates the detection, diagnosis, and treatment of chronic diseases in women in emerging markets using a new model of hybrid healthcare. Nabta Health aims to empower women to identify and manage chronic diseases in an accessible, affordable, and goal-oriented manner.
The startup has recently launched the woman-centric, goal-oriented Nabta App with Aya, established an ecosystem of health and wellness providers through a B2C marketplace, signed exclusive distribution agreements for MENA with several high profile FemTech companies including viO HealthTech and established partnerships with some of the leading value and risk-based healthcare providers in the region.
“The FemTech market is still very, very nascent in the emerging markets. Fewer than 1% of FemTech companies target countries such as the UAE and Saudi, despite there being a sizeable, largely untapped market opportunity and a real human need. Nabta Health is in a unique position now to be the leader in FemTech health and wearables in the GCC, and we are excited with what the future holds for us,” Sophie Smith, Founder and CEO of Nabta Health said.
Nabta Health will be use the fund to expand Nabta Health’s product portfolio to include a number of B2B SaaS offerings and to expand its market share within the UAE.
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