4 years ago

Sehteq Raises $3 Million in Debt Financing to Expand in the Middle East

  • Dubai-based healthtech startup Sehteq has secured $3 million in venture debt led by 971 Capital

  • The company, launched in 2018, uses AI to digitize the supply of insurance plans to individuals and families in the UAE

  • The new investment will accelerate Sehteq's Techcelerate project and expand its offering to customers in Oman, Iraq, Egypt, and Saudi Arabia.

    • ProblemFinancial Services

      "Traditional health insurance is often complex, expensive, and time-consuming. It can be difficult to find the right plan and navigate the claims process."

      Solution

      "Sehteq is a technology-driven health insurance platform that uses AI to make insurance accessible, affordable, and automated. Users can tailor their own insurance plans through an AI-driven platform, and the platform automates post-sales service and claims management."

      Covered on