Tech Company Financing Transactions
Yodawy Funding Round
Delivery Hero, Global Ventures and AAIC Investment participated in a $16 million Series B funding round for Yodawy. The round was announced on 2/9/2023.
Transaction Overview
Company Name
Announced On
2/9/2023
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series B
Investors
Delivery Hero (Lead Investor)
Global Ventures (Lead Investor) (Noor Sweid)
Proceeds Purpose
Yodawy's platform allows insurance companies and hospitals to automate approvals, save costs and improve customer experience. Also, pharmacies get an online presence and boost sales via Yodawy's e-commerce offering, which patients (via employer-led medical schemes) can benefit from as they get their medicines and drugs delivered to their doorsteps. Pharmaceuticals, on the other hand, can tap into Yodawy's network of pharmacies to put products in the hands of consumers.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
40 Lebanon Street, El Mohandessin
Al Jizah, 12511
EG
Al Jizah, 12511
EG
Phone
Undisclosed
Website
Email Address
Overview
At Yodawy, we are on a mission to help people lead healthier lives by making access to medication easier and affordable for everyone. Yodawy is your modern-day digital pharmacy, powered by technology, advanced fulfillment capabilities, and integrations with pharmacies, insurance companies, and healthcare providers. This allows Yodawy to seamlessly manage prescriptions at scale and deliver medications to patients, door-to-door, and nationwide. It's simple, and it's for everyone.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Karim Khashaba
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