Saudi Arabia’s Athir raises new investment round
- Athir, a Saudi Arabia-based healthtech company, has successfully raised its first investment funding round, with backing from Wa’ed Ventures, SHARE Investment Co., and RZM Investment, although the amount raised remains undisclosed.
- Established in 2017 by Jawad Chaudhry, Ahmad AlJehani, and Abdoulmohsen Alyoubi, Athir focuses on digital transformation in healthcare, offering a comprehensive system that includes healthcare management, revenue management, and medical insurance solutions.
- Athir’s "Athir HIS" system, recognized as the first fully integrated healthcare system in Saudi Arabia, caters to both public and private sectors, integrating with various platforms such as Absher and Sehhaty for improved service delivery.
- The company aims to enhance patient experiences, automate medical insurance processes, and contribute to healthcare transformation through its innovative solutions built on a national cloud network.
- Saudi Arabia-based healthtech Athir has raised its first investment funding round at an undisclosed amount, backed by Wa’ed Ventures, SHARE Investment Co., and RZM Investment.
- Founded in 2017 by Jawad Chaudhry, Ahmad AlJehani and Abdoulmohsen Alyoubi, Athir’s system offers healthcare management, revenue management, and medical insurance systems, along with smart device applications that provide integrated medical records for clinic and medical centre visitors.
Source: EntArabi
Athir, a Saudi-based health tech company, has announced the successful closure of its first investment funding round. The round saw participation from Wa’ed Ventures, SHARE Investment Co., and RZM Investment.
Founded in 2017 by Jawad Chaudhry, Ahmad AlJehani, and Abdoulmohsen Alyoubi, Athir aims to lead the digital transformation in the healthcare sector by developing a comprehensive system that includes healthcare management, revenue management, and medical insurance systems, along with smart device applications that provide integrated medical records for clinic and medical centre visitors.
The “Athir HIS” system is the first fully integrated Saudi system for healthcare facilities, applied in both public and private sectors. This system integrates with various platforms like Absher, Sehhaty, Wasfaty, in addition to hospital healthcare systems and medical insurance management systems.
Jawad Chaudhry, Chairman and Co-Founder of Athir, expressed his delight at closing this funding round, highlighting that it marks a significant milestone for the company. Chaudhry noted that Athir is the first innovative Saudi health platform developed on a national cloud network, aimed at providing a comprehensive healthcare system for service providers, improving patient experience, automating medical insurance procedures, and driving healthcare transformation while creating new opportunities in the sector.
Here’s a structured summary of the funds, investors, startup details, founders, and funding series based on the provided information about the healthtech company, Athir:
Startup Details
- Startup Name: Athir
- Industry: Healthtech
- Location: Saudi Arabia
- Founded: 2017
Founders
- Jawad Chaudhry (Chairman and Co-Founder)
- Ahmad AlJehani
- Abdoulmohsen Alyoubi
Funding Round
- Funding Series: First investment funding round
- Amount Raised: Undisclosed
Investors
- Wa’ed Ventures
- SHARE Investment Co.
- RZM Investment
Key Features of Athir
- Provides healthcare management, revenue management, and medical insurance systems.
- Offers smart device applications that deliver integrated medical records for visitors of clinics and medical centers.
- The “Athir HIS” system is noted as the first fully integrated Saudi system for healthcare facilities, applicable in both public and private sectors.
- Integrates with platforms like Absher, Sehhaty, Wasfaty, among others.
This structured overview provides a clear understanding of Athir’s background, its founders, the funding it received, and the key offerings in its healthcare solutions.