How Much Did Altibbi Raise?
Funding & Key Investors

Altibbi, the pioneering digital health platform serving the Arab world, has successfully secured a major strategic investment, bringing its total capital accumulation to $52.5M. This latest infusion of $44M underscores the company's critical role in bridging the gap between patients and medical professionals across the region. By leveraging advanced telecommunications to provide reliable medical information and consultations, Altibbi continues to solidify its position as a cornerstone of the modern Middle Eastern healthcare infrastructure.

What is Altibbi?

Altibbi
SoftwareHealthcare SoftwareMobile App Development

Altibbi operates as the premier telemedicine service in the Arab world, facilitating direct communication between patients and a network of over 10,000 accredited physicians. Addressing a significant market inefficiency where 70% of traditional doctor visits are deemed unnecessary, the platform provides essential medical advice and information in Arabic. With a reach spanning 10 countries, the company serves a population of over 400 million, effectively democratizing access to basic health services. Its commitment to quality and accessibility has been recognized globally, including the prestigious World Summit Award, positioning Altibbi as a leader in the regional HealthTech sector.

How much funding has Altibbi raised?

Altibbi has raised a total of $52.5M across 3 funding rounds:

2015

Angel/Seed

$2M

2017

Series B

$6.5M

2022

Series B

$44M

Angel/Seed (2015): $2M with participation from Middle East Venture Partners and DASH Ventures

Series B (2017): $6.5M led by DASH Ventures and Middle East Venture Partners

Series B (2022): $44M supported by DASH Ventures, Global Ventures, Hikma Ventures, and Foundation Holdings

Key Investors in Altibbi

Middle East Venture Partners

Middle East Venture Partners (MEVP) provides early and growth-stage funding to exceptional technology founders, aiming to foster innovation in tech and society.

DASH Ventures

Dashboard Ventures provides a simultaneous jolt of Marketing, Sales and Business Development to jump-start momentum and sharpen the positioning of its portfolio companies.

Foundation Holdings

Foundation Holdings is a global firm dedicated to building sustainable, industry-defining companies in the healthcare and education sectors of the GCC and India.

What's next for Altibbi?

With this major enterprise-level funding, Altibbi is poised to accelerate its regional expansion and enhance its digital health ecosystem. The strategic capital will likely be deployed to scale its telemedicine infrastructure, integrate advanced diagnostic tools, and deepen its penetration into underserved markets. As the company transitions into a more mature growth phase, the focus will shift toward optimizing operational efficiency and expanding its service portfolio to include more comprehensive digital health solutions. By maintaining its commitment to reliable, language-specific medical guidance, Altibbi is well-positioned to redefine the standard of care for millions of users, ensuring long-term sustainability and continued market leadership in the evolving digital health landscape.

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Frequently Asked Questions Regarding Altibbi Financial Insights

What are the most recent funding rounds that Altibbi has completed, and what were the funding rounds?
Altibbi has recently completed 3 funding rounds: Series B on Mar 28, 2022, Series B on Oct 1, 2017, Angel/Seed on Aug 31, 2015.
What is the total amount of funding Altibbi has raised to date?
Altibbi has raised a total of $52.5M in funding to date.
How many funding rounds has Altibbi completed?
Altibbi has completed 3 funding rounds.
How much funding did Altibbi raise in its most recent funding round?
Altibbi raised $44M in its most recent funding round.
Who are the lead investors in Altibbi's latest funding round?
The lead investor in Altibbi's latest funding round was DASH Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Altibbi's history?
The largest funding round in Altibbi's history was $44M.
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