BECO Cap­i­tal Leads a $5 Mil­lion Round of Fund­ing for Vezeeta

Arabnet - The Quarterly - - Industry Stories -

Re­gional tech ven­ture cap­i­tal firm BECO Cap­i­tal an­nounced that it has led a new $5 mil­lion round of fund­ing for Vezeeta, an Egypt-based health­care tech­nol­ogy startup. This marked BECO Cap­i­tal’s first in­vest­ment in Egypt. Vezeeta is pi­o­neer­ing the shift to au­to­mated physi­cian, clinic, and hos­pi­tal book­ings. Avail­able on desk­top and as a mo­bile app, Vezeeta eases the ac­ces­si­bil­ity of book­ing a doc­tor’s ap­point­ment, al­low­ing the user to choose a doc­tor by spe­cialty, ge­o­graphic area, in­sur­ance pur­veyor and fees. With more than 20,000 pa­tient re­views and rat­ings avail­able on the plat­form, users can read­ily de­ter­mine the doc­tor with the best med­i­cal ser­vice and the least wait­ing time. Once the doc­tor is cho­sen, the pa­tient can either book au­to­mat­i­cally from the web­site, the mo­bile app, or con­tact the call cen­ter. Ad­di­tional in­vestors in the round in­clude Vos­tok New Ven­tures, TDF, and Sil­i­con Ba­dia. Cur­rently, Vezeeta cov­ers three Egyp­tian cities with am­bi­tious ex­pan­sion plans to in­te­grate ad­di­tional MENA coun­tries in the re­gion, mov­ing into the UAE, KSA, Jor­dan, Le­banon, Morocco, Kuwait, and Qatar over the next 12 to 18 months.

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