Rology closes a $860,000 Pre-Series A round, led by HIMangel with participation from Saudi, Emirati and Japanese investors. Rology will use the investment primarily to fuel its growth in Saudi Arabia and Kenya.
The startup plans to expand its AI-assisted Teleradiology platform into Saudi Arabia, Kenya and other countries in the region.
Amr Abodraia, Moaaz Hossam, Mahmoud Eldefrawy and Bassam Khallaf founded Rology in October 2017. Rology is tackling the global shortage of radiologists which leads to very high reporting turnaround times and/or bad quality reporting, especially in Africa and the Middle East. Rology’s cloud-based platform provides intelligent matchmaking between the case at hand and remote yet readily available radiologists. Radiologists are prioritized by their expertise and sub-specializations. Rology’s technology can be launched with zero setup costs for hospitals as well as for radiologists. Thus it offers radiologists the freedom to work from anywhere in the world as long as they have access to a laptop and internet connection. Rology currently works with more than 87 hospitals in five countries.
Amr AboDraiaa, Rology’s CEO and Co-Founder Said “For the last three years we saw firsthand how Rology’s services help hospitals offer fast and accurate care to their patients and how it can literally save patients’ lives! We look forward to expanding Rology’s platform to the African and Middle Eastern market where there is a huge need for Rology’s services and ultimately help hospitals offer better care to their patients.”
The round includes investments from Dubai Angel Investors (DAI) from the UAE, The Asia Africa Investment & Consulting (AAIC) from Japan, and Athaal group from Saudi Arabia. As part of the investment, Rology’s board will be joined by former Cloudera co-Founder and CTO, and current VP of Developer Relations at Google Cloud, Amr Awadallah, AAIC Director
Shigeru Handa, and Khaled Sharbatly from Athaal group.
“At HIMangel we spotted Rology about 2 years ago as being one of the promising startups in healthtech. We liked very much that they are tackling the global shortage in radiologists using a mix of intelligence on top of a teleradiologists marketplace” says Khaled Ismail, HIMAngel Chairman.
“I believe 10 years from now, Rology will be the standard of teleradiology in the region. It is exciting to see such an impressive health tech startup from the MENA region.” Khaled Sharbatly, Athaal group.
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