Funds of $860,000 secured by Egypt's Rology for their instant tele-radiology service platform

In a significant move for the healthcare industry, Cairo-based healthtech company Rology has secured $860,000 in a Pre-Series A funding round. The funding round was led by HIMangel, with participation from Dubai Angel Investors (DAI), The Asia Africa Investment & Consulting (AAIC) from Japan, Saudi's Athaal Group, and Amr Awadallah, the co-founder of Cloudera.

Rology's co-founder and CEO, Amr AboDraiaa, expressed enthusiasm about the company's plans to expand its on-demand teleradiology platform to the African and Middle Eastern market, aiming to offer better care to patients. The platform addresses the radiologist shortage in these regions, resulting in improved reporting turnaround times and quality.

Hospitals using Rology's service only pay when they use it, with the price depending on the type of report. The platform matches radiologists with the case at hand based on sub-specialization and expertise. Rology delivers reports for cold cases within 12 hours and emergency cases in 90 minutes.

Khaled Ismail, HIMangel's Chairman, spotted Rology as a promising healthtech startup in the region about two years ago. He praised the company for tackling the global shortage of radiologists using a combination of intelligence and a teleradiologists marketplace. Abdulla Mutawi, the Chairman of Dubai Angel Investors, shares this sentiment, believing in the problem Rology is solving, their product-market fit, and the phenomenal team.

Shigeru Handa, the Director of AAIC, and Khaled Sharbatly from Athaal Group have also joined Rology's board. Dubai Angel Investors are excited about Rology and have invested in the company as part of this round. Zubair Naeem Paracha, Founder at our xA tech, wrote about Rology in a recent post.

Rology is currently working with nearly 90 hospitals in five countries and plans to use the fresh funds to fuel its growth in Saudi Arabia and Kenya. Radiologists can work from anywhere in the world as long as they have an internet connection and a laptop.

The company looks forward to providing improved healthcare services to patients in the African and Middle Eastern market, leveraging the power of technology and a global network of radiologists.

Funds of $860,000 secured by Egypt's Rology for their instant tele-radiology service platform