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Saudi healthcare management platform Tuba raises $8M in a Pre-Seed round

May 1, 2025
Tuba launches in Saudi Arabia

Fayez Al-Anazi, the entrepreneur who transformed the used car market through his "Syarah" platform, announced the closing of the pre-seed investment round for his new platform "Tuba" — with a total value of 30 million Saudi Riyals ($8 million).

Tuba aims to redefine healthcare management by offering innovative technology solutions powered by artificial intelligence, with the goal of improving efficiency and enhancing the experience for both patients and healthcare providers.

Tuba will use the proceeds to develop its technical infrastructure to deliver smarter and more efficient solutions, expand operations to meet the growing demand for digital solutions in the healthcare sector, strengthen its team, and attract top talent to support future growth and expansion plans.

Funding 💰

Round $8M
Pre-Seed
Lead investor(s) Al-Waalan Investment

Quotes 💬

“
The healthcare sector requires more efficient and flexible solutions, and the Tuba platform has both the vision and the technology needed to drive this transformation. Our investment in Tuba stems from our confidence in the team's ability to deliver innovative solutions that enhance the efficiency of healthcare spending and create a lasting, positive impact in this vital sector.
— Mohammed Al-Khalawi, CEO of Al-Waalan Investment
“
When we launched the 'Syarah' platform, our goal was to reshape the used car market through technology and transparency. Today, we see a similar opportunity in the healthcare sector, which lacks modern solutions that keep pace with its growing needs. Through Tuba, we aim to create a significant shift using artificial intelligence, helping make healthcare management more efficient, equitable, and inclusive.
— Fayez Al-Anazi, Founder and CEO

About 🏢

Tuba aims to redefine healthcare management by offering innovative technology solutions powered by AI, with the goal of enhancing operational efficiency, reducing costs, and delivering more transparent and effective solutions. It does that through a mobile app that lets users/patients connect with insurers and let them track treatment approvals, request prescription refills, submit reimbursement claims, and consult with doctors online. more
source

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