SehaTech, the Egyptian insurtech company dedicated to automating health insurance administration, has successfully closed a $1.1 million Seed funding round. The investment brings the company’s total funding to $2 million and signals strong investor confidence in its mission to revolutionize healthcare and insurance infrastructure in Egypt and other emerging markets.
Investor Confidence in a Transformative Mission
The round was led by Ingressive Capital, with significant participation from Plus VC, a consortium of strategic angel investors, and existing backers including A15 and Beltone Venture Capital. The diverse group of investors underscores the critical need for SehaTech’s solution in the market.
“SehaTech’s work is critical in solving a deeply entrenched problem at the heart of healthcare delivery—especially in regions where infrastructure gaps hinder access to quality services,” commented Maya Horgan Famodu, Founder and Managing Partner at Ingressive Capital. “Their platform isn’t just about automation—it’s about enabling healthcare financial inclusion, and we’re proud to support that mission.”
Automating a Fragmented System
SehaTech addresses systemic challenges within the health insurance sector, including operational inefficiencies, friction between insurers and healthcare providers, and low insurance penetration rates across the region. The company’s full-stack, AI-centered platform automates the entire workflow, from approvals and claims to payments, significantly reducing fraud and manual errors.
“Our goal is not only to fix the operational inefficiencies in medical insurance processing but also to expand access to quality health coverage,” said Mohamed Elshabrawy, Founder & CEO of SehaTech. “This funding will help us continue building the tools needed to reduce friction between insurers and providers—and ultimately make health insurance more available to the millions who are underserved today.”
Scaling for Regional Impact
With the new capital, SehaTech plans to strategically scale its team and expand its operational footprint across Egypt and into the broader MENA region. The funds will also be allocated to enhancing its proprietary platform with deeper AI capabilities and more advanced automation tools, further solidifying its position as a key enabler of a more accessible and sustainable healthcare ecosystem.
About SehaTech
Founded by Mohamed Elshabrawy, Mostafa Tarek, and Omar Shawky, SehaTech is an Egyptian insurtech company transforming how health insurance is administered. Its AI-powered, rules-based platform automates pre-approvals, claims, and payments—reducing fraud and manual errors and helping insurers and healthcare providers deliver a more transparent, efficient experience. SehaTech is building the digital backbone for inclusive, accessible, and financially sustainable healthcare in Egypt and emerging markets.
Source: Zawya
