Egypt-based healthtech startup, TakeStep, has raised an undisclosed seed investment round from two angel investors; Dr. Mohamed Hossam Khedr, who is also joining TakeStep as Managing Partner, and another Egyptian angel investor.
TakeStep will use the fresh investment to expand its operations to the GCC.
TakeStep aims to support people struggling with substance abuse and addiction. It allows patients, certified practitioners and guardians to connect with one another as well as empowering them to take control of the recovery process.
“We’re very excited about closing this investment round, and proud of the unfailing trust our investors have in us, We look forward to further developing our technology and operations in order to help more patients in the region on their road to recovery.” said Mohamed Khashaba, CEO of TakeStep.
Since the start of the pandemic, Takestep has launched several initiatives to provide mental health support to more than 260,000 beneficiaries in Egypt.
“This is truly an exciting time for TakeStep. I am personally thrilled about joining this exceptional team, and cannot wait to see how the company will grow in the coming months, TakeStep is very intelligently using technology to transform patients’ healing processes, and has a significant impact on the community.” Dr. Mohamed Khedr, the Managing Partner at TakeStep, said.
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What You Need to Know About TakeStep
Founded in 2018, the company has been helping over 15,000 patients to recover, and steer clear of relapsing, through 24/7 counseling services via its patient-centric web and mobile platforms. The cases are managed by certified and qualified doctors who are authorized to practice psychiatry by the Egyptian health authorities. After having validated their business model in Egypt and the United States, TakeStep will be using this investment to actively expand its operations to the GCC countries in the near future.
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