Shorooq partners with Gulf Capital to back SANTECHTURE’s expansion in Saudi Arabia and the UAE

Shorooq partners with Gulf Capital to back SANTECHTURE’s expansion in Saudi Arabia and the UAE

Gulf Capital and Shorooq Partners have partnered to back SANTECHTURE, a healthtech, cloud-based Software as a Service (SaaS) company that aims to revolutionise healthcare in Saudi Arabia and the UAE through its end-to-end Revenue Cycle Management (RCM) software solutions. The firms have been working together for some time, and this latest venture is a clear indication of their shared belief in the long-term growth potential of the healthcare and healthtech industries in the region.

The collaboration between Gulf Capital and Shorooq Partners marks a significant milestone in the development of the technology ecosystem in the Middle East and serves as a strong testament to the maturity of the venture capital and private equity industries. Gulf Capital has a history of investing in the technology, fintech and healthtech sectors while Shorooq Partners brings a wealth of knowledge and expertise in technology investing, spotting emerging trends, and backing founders and startups that have the potential to disrupt established industries.