Vezeeta strikes profit; closes new growth capital funding round

Vezeeta strikes profit; closes new growth capital funding round

Vezeeta, the champion of health-tech innovation in emerging markets, has raised new funding to fuel its growth plans and fund imminent M&A deals in MEA, powered by Abu Dhabi-based Gulf Capital and Sweden-based VNV Global.

After reaching profitability, Vezeeta is now set to spearhead its expansion into new products and search for acquisitions across the region, to empower a wider base of patients with cutting-edge healthcare solutions.

Common vision

“Since the beginning of our relationship with Vezeeta, we shared a common vision of improving health care access and efficiency in our region through health-tech innovation. We are very proud of the progress that Amir Barsoum and the Vezeeta team have achieved, by continuously reinventing the future of healthcare and achieving profitability in 2022. With over 10 million patients across 80 cities, Vezeeta today is firmly positioned as the largest health-tech platform in the Middle East and Africa. Egypt remains a key market for us and we recently opened our regional offices in Cairo with the aim of continuing to back successful growth stories similar to Vezeeta,” said Alvaro Abella, Managing Director, Private Equity at Gulf Capital.

Over the past decade, Vezeeta’s digital healthcare platform has continually transformed to stay ahead of the ever-evolving needs