Altibbi, the Amman-based health consultation platform, has raised $6.5 million in a new round of funding led by DASH Ventures and Middle East Venture Partners, along with strategic investors TAMM, RIMCO Investments, Endeavor’s Catalyst Fund and other undisclosed investors.
The proceeds of the latest round will be used to expand Altibbi’s 1.5-million page online medical library, and boost its Q&A inquiry feature that currently deals 1,000 inquires each day.
“The funding is fully dedicated to further growing the company, which has established an exceptional track record as a premier provider of trusted health and wellness information in the region serving over 6 million people every month,” Ayman Sharaiha, Altibbi’s co-founder and COO said. “We believe there is a true opportunity to further build Altibbi’s portfolio of telehealth solutions for the benefit of companies and consumers in the region.”
“Telecommunication has been at the forefront of the global technology boom. It was only a matter of time before this technology delivered a seismic shift to the healthcare industry … We are proud to have played a crucial role in helping Altibbi establish themselves as the region’s main digital health provider, transforming the future of healthcare access, quality, and cost,” said Omar J. Sati, managing director of DASH Ventures.