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Klaim raises $26M to boost regional growth of its healthcare payment solutions

March 10, 2025
Klaim secures $26M in funding

Klaim, a leader in healthcare payment acceleration solutions, has successfully secured $10 million in Series A equity funding — along with an additional $16 million financing fund — to fuel its regional expansion and revolutionize cash flow access for medical providers. This investment aligns with Klaim's mission to reshape the healthcare financial landscape by expediting medical insurance claim payments and enhancing liquidity for healthcare providers across the MENA region.

Since its establishment in 2019, Klaim has distinguished itself as a fintech innovator with a specialized payment platform designed for the healthcare sector. The company predicts insurance payment behaviors by leveraging artificial intelligence and extensive data analytics, ensuring faster and more efficient claims processing. With this fresh capital, Klaim plans to strengthen its presence in the UAE, expand into Saudi Arabia and Oman, and refine its technology to offer even more effective financial solutions for healthcare providers.

Klaim's recent strategic expansion into Saudi Arabia was marked by a collaboration with Tharawat Tuwaiq Financial Company, a CMA-licensed asset manager and financial advisor. This partnership led to the approval and launch of a SAR60 million (approximately $16 million) healthcare private closed-ended financing fund, aimed at improving working capital solutions for the sector. The first transaction under this initiative is set for March 2025, with additional funds expected in the second half of the year, further reinforcing Klaim's commitment to driving financial innovation in healthcare.

Funding 💰

Round $26M
Series A
Lead investor(s) Mad’a Investment
Also participating 212 Founders

Quotes 💬

“
We're excited to achieve this milestone in our journey. Securing Series A funding is not only a major validation of our vision and business model but also the critical inflection point that enables us to scale rapidly. The healthcare industry often struggles with prolonged payment cycles, creating significant financial strain for providers. With this fresh funding, we are well-positioned to accelerate our efforts in delivering seamless, efficient payment solutions that allow healthcare providers to focus on patient care without financial uncertainty.
— Karim Dakki, Co-founder and CEO
“
Klaim is now expanding its focus to enterprise healthcare systems, enabling larger providers and hospital networks to access payments within 24 hours. As we scale, our solutions will empower not only small and mid-sized providers but also large healthcare groups that need seamless, reliable financial solutions to support operational growth. This marks a key milestone in our evolution toward serving the entire healthcare ecosystem at scale.
— Ghafoor Ahmad, Co-founder & Global Chief Revenue Officer at Klaim
“
Karim Dakki and Ahmad Ghafoor are visionary founders who demonstrated a forward-thinking approach, combining their industry expertise with technological innovation to build an innovative Solution for Healthcare, thus addressing a critical gap by solving cash flow problems for medical practitioners. We believe that Klaim's solution will scale across different healthcare systems, both locally and regionally, including Morocco.
— Nawfal Fassi Fihri, Managing Director of the 212 Founders program (by CDG Invest)
“
We recognize the transformative impact of Klaim's technology in revolutionizing the healthcare and fintech sectors. By optimizing healthcare payment processes and providing expedited access to cash flow, Klaim is addressing a critical industry challenge that has long impeded operational efficiency. We are proud to support Klaim's expansion across the GCC, including its strategic entry into Saudi Arabia, reinforcing its role as a key driver of digital transformation.
— Abdullah Al Othaim, CEO of Mad'a Investment

About 🏢

Klaim is transforming healthcare billing and processing by combining a powerful AI-driven claim management SaaS platform with financing under one umbrella. It is on a mission to simplify healthcare payments for everyone through its easy-to-use service to trace and compile claims history under one revolutionary platform. In that sense, Klaim's offering has been designed to ensure efficiency and transparency on the entire revenue lifecycle of a claim, from appointment to cash reconciliation — helping increase the revenue through reduced claim processing time and errors and faster payments. The solution has been implemented at hospitals, clinics, and pharmacies in Dubai, and the company also has a presence in Saudi Arabia and Oman. more
source

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