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Sun 21 Dec 2014 03:10 PM

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Altibbi gains strategic funding

An Arab online medical platform raises funds from strategic regional investors to expand and strengthen its brand

Altibbi gains strategic funding

An award-winning Arab medical online interactive platform has secured an undisclosed amount of funding from leading regional investors to accelerate its revenue growth and expand its brand.

Altibbi, an online platform which creates high quality online medical content and allows the Arabic speaking population to connect with top medical experts, received the investment from Middle East Venture Partners (MEVP) and DASH Ventures from Jordan, among other investors.

The platform has already launched five mobile apps on both IOs and Android with downloads totaling two million.

It has been visited by more than 40 million people since January 2014, serving more than five million unique visitors a month and facilitating more than 200,000 answers by top medical experts.

The young team of medical experts and engineers has started attracting talent such as Dr. Amer Zureikat who has a long career between pharmaceutical marketing and online operations, as Vice President at Bayt.com, to take the company to the next level of growth.

“73 percent of our user base is already on mobile and this is placing an increasing pressure to be on mobile and targeting different audiences and offer them personalized, immediate, interactive and private medical interactions with trusted physicians from the Arab World,” said Dr. Zureikat.

The app has received a few industry accolades including the UN-based WSA-mobile Award as the best mobile Health medical content for 2014, which will be awarded in February in Abu Dhabi, and being recognised as one of the world’s top 40 apps in mobile content brilliance.

Commenting on their award, Majed Al Suwaidi, managing director of Dubai Internet City and Dubai Outsource Zone, said: “The awards celebrate the best of mobile innovation, and Altibbi is championing this innovation by creating high quality online medical content and changing the way users are able to connect with healthcare experts.

“Through in5, we are committed to supporting start-ups and entrepreneurs right from an idea through to the implementation of a product or service, and Altibbi is testament to the top talent and creativity that we have within our offering.”

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