TachyHealth, a UAE-based healthtech startup, has successfully closed a $5 million Series A funding round. The investment was led by Saudi insurance giant Tawuniya, with participation from several other investors, marking a significant cross-border collaboration in the region’s burgeoning healthtech sector.
Bridging The Gap With Artificial Intelligence
TachyHealth’s core mission is to bridge the gap between healthcare providers and insurance payers through its advanced AI-powered platform. The company’s technology is designed to drive value-based care by enhancing operational efficiency, improving patient experiences, and reducing costs for hospitals, clinics, and insurance networks. By leveraging AI, the platform fosters data-driven collaboration, enabling smarter decision-making and more efficient care pathways. “Our AI solutions enable better transparency, efficiency, and alignment across the healthcare ecosystem — helping providers deliver care that is both clinically sound and financially sustainable,” said Dr. Osama AbouElkhir, Co-founder and CEO of TachyHealth.
Strategic Capital For Regional Expansion
The new capital will be instrumental in accelerating the adoption of TachyHealth’s technologies across the MENA region. The company plans to use the funds to expand its product offerings and strengthen its partnerships within the medical and insurance ecosystems. This strategic investment from a leading insurer like Tawuniya is poised to deepen TachyHealth’s mission to integrate intelligent systems into the regional healthcare infrastructure.
About TachyHealth
Founded in 2018 by Dr. Osama AbouElkhir, Dr. Amr Fawzy, and Jamal Alnaser, TachyHealth is an AI-powered healthtech company. It provides innovative solutions that align the objectives of healthcare providers and insurers to promote a value-based care model. The platform utilizes advanced analytics and automation to optimize financial performance and improve clinical outcomes across the healthcare value chain.
Source: Wamda
