FundingHealthcare

Esaal, One Of The Largest Technology Platforms Has Completed The Final Tranche Of Its US$1.7M Seed Funding Round

Story Highlights
  • The seed round led by A15 brings the company’s total investment to date to US$3M since being founded in 2018.

Esaal will continue to deploy this tranche of capital to scale its expansion across the MENA region, further invest in product and brand development, and increase talent acquisition.

A15 has been backing Esaal since it was founded to solve the rising health needs in one of the world’s most underserved markets in accessing health and wellness services.

The platform delivers a convenient, frictionless, and secure wellness service spanning physical health, mental health, and nutrition consultations with health professionals via text, video/voice calls, and in-person home visits.

Esaal’s comprehensive list of health professionals offers consultations on a broad range of issues including anxiety, physiotherapy, pediatrics, nutrition, and many more.

Available on the iOS and Android Appstore, Esaal is the only service in the region offering this type of comprehensive integrated, one-stop-shop solution.

The platform saves patients time, and money and speedier access to health professionals at the touch of a button. Users have a convenient range of payment options including Fawry, Vodafone cash, or credit card.

Since launching, Esaal has aggregated over 350 consultants covering different fields on the platform who have delivered health and wellness services to almost 1 million unique users, ensuring access to a sizable market for the health experts on the platform.

In addition to providing services to individuals, Esaal also offers Employee Wellness Programs for businesses of all sizes.

Currently, it serves more than 5000 employees in a range of industries through partnering with 10 mid-large-sized companies and has partnered with a number of NGOs to support wellness-related programs.

Esaal’s services are currently available in 8 countries including Egypt, KSA, Tunisia, Kuwait, Qatar, Bahrain, Palestine, and Iraq.

The company has registered a 250% year-on-year increase in revenue (in 2021) and a 55% jump in users.

With support from A15 throughout its operations, the company has remained capital efficient and is targeting further growth in the market

Esaal is focused on expanding its services so that more people across the MENA region can access better holistic health solutions.

Source
Deal Street Africa

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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