Tabib Baghdad, an Iraq-based online platform that connects Iraqi Patients to Doctors has raised a seed funding round of six figures in November 2020, through the newly launched Iraqi Angel Investors Network, led by KAPITA and Nass Al Iraq.
Also, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH with its project “ICT for Youth in Iraq” added a grant of US$ 20,000 towards this round, as part of its support to the Angel Network and the Iraqi startup ecosystem.
With the fresh capital, the startup is looking to optimize its backend technology to make the experience of its patients and doctors more seamless. Since Covid-19 has highlighted the potential of telemedicine in Iraq, the startup is keeping a keen eye on this sector.
Tabib Baghdad had recently graduated from ScaleUp Academy, which is the accelerator program run by KAPITA. Here, the company received thorough training in preparation for its fundraising process.
What Tabib Baghdad has to say
Dr Ali Alkhazaj, founder of Tabib Baghdad said, ‘’We estimate that there are more than twenty thousand doctors in Iraq today, but most patients are finding their doctors through word of mouth. Tabib Baghdad will allow patients to find a doctor they can trust.” He also commented on the company’s future plans.”
What KAPITA has to say
Mujahid Waisi, the CEO of KAPITA said, “We are very happy to see the progress that Tabib Baghdad has made, from joining the ScaleUp Academy to raising its first round. Kapita remains committed to supporting founders across their startups’ lifecycle.”
What Nass Al Iraq has to say
Bahaaddin Salim, CEO of Nass Al Iraq, said, “We see a great potential to disrupt and address the Healthcare sector in Iraq through technology. We believe that Tabib Baghdad has all the right fundamentals to address this potential”.
About Tabib Baghdad
Founded in 2018 by Dr Ali Alkhazaj, the company operates through a platform that is available as an app and a website. The startup began their operations in Baghdad with a plan to cover the rest of Iraq in the coming year. Tabib Baghdad has more than 300 doctors on the platform and they have aided more than a thousand bookings, to date. Its platform is focused on building trust between patients and doctors through a review system which allows users to rate their booking experience after each visit.
About KAPITA
It is a private sector development company that aims to empower small and medium-sized enterprises through investment, research, incubation/acceleration, and market development programs. Founded in 2019, the firm has started the first incubator and accelerator in Baghdad that hosts the most promising startups, providing them with seed funds, infrastructure and business services, financing and public relations.
About Nass Al Iraq
It is a holding company that uses innovation, modern management and digital transformation to transform businesses. It was founded in 2007 and has its headquarters in Al-Mansour, Baghdad. The company has 60 employees and generates US$ 2 million in sales.
Read Next Story Here
We try our best to fact check and bring the best, well-researched and non-plagiarized content to you. Please let us know
-if there are any discrepancies in any of our published stories,
-how we can improve,
-what stories you would like us to cover and what information you are looking for, in the comments section below or through our contact form! We look forward to your feedback and thank you for stopping by!
[…] Read Next Story Here […]