Saudi Arabian PhysioHome Closes Undisclosed Seed Round
In 2022, the company closed its Pre-seed round that was led by Sanabel 500.
PhysioHome, a health services company, has wrapped up its seed round with the participation of angel investors.[1]
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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 specialized 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 specialized in the medical and behavioral 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, while 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.
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