Egypt’s Healthtech Startup Rology Raises 860K Pre-Series A Funding Round

Egypt’s Healthtech Startup Rology Raises 860K Pre-Series A Funding Round

Rology has closed an 860K Pre Series A investment with participation from Saudi, Emirati, and Japanese investors. The Round was led by HIMangel, who was also Rology’s Seed investor in 2018. Rology will use the investment primarily to fuel its growth in Saudi Arabia and Kenya.

Rology was founded in October 2017 by Amr Abodraia, Moaaz Hossam, Mahmoud Eldefrawy, and Bassam Khallaf.

Rology solves the global shortage of radiologists which leads to very high reporting turnaround times and/or bad quality reporting, especially in Africa and the Middle East. Rology’s cloud-based platform provides intelligent matchmaking between the case at hand and remote yet readily available radiologists prioritized by their expertise and sub-specializations. Rology’s technology can be launched with zero setup costs for hospitals as well as for radiologists and gives the radiologists the freedom to work from anywhere in the world as long as they have access to a laptop and internet connection. Rology currently works with more than 87 hospitals in five countries.

The round included investments from Dubai Angel Investors (DAI) from the UAE, The Asia Africa Investment & Consulting (AAIC) from Japan, and Athaal group from Saudi Arabia.

As part of the investment, Rology’s board will be joined by former Cloudera Co-Founder and CTO, and current  VP of Developer Relations at Google Cloud, Amr Awadallah, AAIC Director Shigeru Handa, and Khaled Sharbatly from Athaal group.

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