PhysioHome wraps up undisclosed Seed round
- Saudi Arabia-based healthtech PhysioHome has wrapped up a Seed round for an undisclosed value, backed by unnamed angel investors.
- Founded in 2021 by Ahmed Sidam, PhysioHome offers rehabilitation services in homes or rehabilitation centres in nine cities across the Kingdom, besides medical and behavioural rehabilitation services for children.
- In 2022, PhysioHome closed its pre-Seed round, led by Sanabel 500 and the Saudi Venture Capital Company, in partnership with angel investors from Oqal.
Source: Inc.Arabia
PhysioHome, a health services company, has wrapped up its seed round with the participation of angel investors.
In 2022, the company closed its pre-seed round, which was led by Sanabel 500 and the Saudi Venture Capital Company in partnership with angel investors from Oqal.
PhysioHome was established in 2021 as part of the health sector accelerator supported by the Ministry of Health and Establishments.
The startup also graduated from the Taqadum Accelerator affiliated with the King Abdullah University of Science and Technology.
The company has developed two main products: The first product is called Amin and offers specialised technical solutions in the field of home rehabilitation, such as physical therapy, occupational therapy, speech and speech therapy, therapeutic nutrition, and personal training for adults and the elderly.
PhysioHome's team manages the entire medical care process, starting with assessment, training, equipping service providers, following up on session details, and submitting the necessary reports. And develop treatment plans.
The second product, Childhood, is a technical solution specialised in the medical and behavioural rehabilitation of children up to the age of 12 years. The product focuses on developing an integrated system for children that combines home and remote services. This service launched experimentally at the end of 2023, and it aims to expand the scope of its work in the coming months and years through the latest round.
PhysioHome has more than 100 providers offering rehabilitation services in nine cities and works with more than 700 providers on its platform. In addition, it has agreements with centers specializing in autism to develop programs that combine home and remote services and help parents track the child's journey.
The company has already signed more than 15 agreements with private and government agencies to provide discounts and health programs for employees.