Chefaa has developed and runs a GPS-enabled pharmacy benefits platform that helps chronic patients order, schedule, and refill recurring prescriptions. Insured or uninsured, the company provides users with the medication and support they need for a better quality of life. Chefaa's free "Ask pharmacist" feature is available 24/7 for anyone, anywhere in Egypt, and they take it seriously to find you the medication that their users need and, if not available, a suitable substitution. By constantly developing its offering and business model, Chefaa is committed to prioritizing the health of its users while supporting local pharmacies in the process.
Founded 2017
Employees 80+
Primary contact
253 street, Degla
New Maadi, Building no.32
Cairo
Egypt
+20 2 23800878
Funding
💰
Total
$8.85M
Last round
🔗
$5.25MOther
December 18, 2023.
Highlights
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Quotes
💬
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Our follow-on investment in Chefaa via DP World's Innovation Venture Fund reflects our continued conviction that we have a capable set of entrepreneurs in Doaa and Rasha making excellent progress in the massive opportunity to improve healthcare access in GCC and SSA by digitising healthcare user interfaces.
— Llew Claasen, Managing Partner at Newtown Partners
“
As we have seen solid growth in this tough business climate since 2022, we truly believe that Chefaa is becoming the uppermost patient-centric service provider in the region. We are delighted to make the decision to have an additional investment and prepared to continuously back the team to further enhance the accessibility of medical services.
— Hiroto SORITA, Director of Investment Group at Global Brain Corporation
“
Chefaa has made significant strides in improving healthcare accessibility in Egypt, and we are particularly excited about their entry into the Saudi market. Since our initial investment, Chefaa has consistently demonstrated a commitment to innovation and skillfully leveraged data to forge impactful partnerships with large pharmaceutical players. This follow-on investment underscores our confidence in Chefaa's innovative strategies to reshape the future of healthcare delivery in the region.
— Yezan Haddadin, CEO of GMS Capital Partners LLC
“
Chefaa is uniquely positioned to transform the retail pharmaceutical supply chain in Africa. We firmly believe that with their wide-ranging product offerings serving multiple stakeholders, Chefaa will become a critical business infrastructure for pharmaceutical supply chains in Egypt and the broader Gulf region.
— Ryosuke (Rio) Yamawaki, Partner at Verod-Kepple Africa Ventures
Last update:
December 18, 2023
