Egyptian startup Rology, an on-demand teleradiology platform, has closed a pre-Series A round of funding to help it expand across the Middle East and Africa.
Founded by Amr AboDraiaa, Moaaz Hossam, Mahmoud Eldefrawy and Bassam Khallaf in October 2017, Rology has built a cloud-based platform that provides intelligent matchmaking between patients and remote radiologists, tackling the global shortage of the latter.
The startup’s technology can be launched with zero setup costs for hospitals as well as for radiologists, and gives radiologists the freedom to work from anywhere in the world as long as they have access to a laptop and internet connection.
Rology last secured funding in 2020, and has now secured an undisclosed amount of pre-Series A funding to empower its geographical expansion in the MEA region. Investors include Egypt Ventures and Sequence Ventures from Egypt, Waseel and Tawaref from Saudi Arabia, and Viktoria Ventures from Kenya.
“After the pandemic era, and the rapid increase in the radiology demand globally and in the MEA region, we have the responsibility to improve teleradiology as a real solution for the diagnostic challenges to save lives,” AboDraiaa said.
“Rology’s role became more important to help patients get an accurate diagnosis quickly. So, we are developing our platform to serve a large number of hospitals and radiology centres either in cities or rural areas with zero setup hassle, and, in addition, boost radiologists’ productivity through our AI radiology tools.”
Rafeh Saleh, founding partner of Cubit Ventures, said his company was excited to support Rology in its mission of saving lives across the Middle East.
“With a brilliant team behind the helm, a much needed solution, solid unit economics, massive adoption opportunity, and huge impact, we are very excited to have participated,” he said.
