SehaTech raises $1.1M seed round for its AI-powered health insurance platform

SehaTech, the Egypt-based InsurTech company, closed a $1.1 million Seed funding round — bringing its total funding to $2 million. Ingressive Capital led the round, with participation from Plus VC, a group of strategic angel investors, and existing backers A15, Beltone Venture Capital, and a renowned industry veteran.

SehaTech offers a full-stack, AI-centred proprietary platform that automates workflows — eliminating operational inefficiencies and reducing friction between insurers and healthcare providers, as well as reducing fraud and abuse. The company also tackles a more systemic issue: low health insurance penetration in Egypt and many parts of the region. By automating the backbone of the health insurance industry, SehaTech is laying the foundation for a more inclusive, accessible, and financially sustainable healthcare system.

With this latest round of funding, SehaTech plans to scale its team, expand operations across Egypt and the broader region, and enhance its platform with deeper AI capabilities and automation tools.

Funding 💰

Round $1.1M
Seed
Lead investor(s) Ingressive Capital
Also participating Plus VC, A15, Beltone Venture Capital

Quotes 💬

Our goal is not only to fix the operational inefficiencies in medical insurance processing but also to expand access to quality health coverage. This funding will help us continue building the tools needed to reduce friction between insurers and providers — and ultimately make health insurance more available to the millions who are underserved today.
Mohamed Elshabrawy, Founder & CEO of SehaTech
SehaTech's work is critical in solving a deeply entrenched problem at the heart of healthcare delivery — especially in regions where infrastructure gaps hinder access to quality services. Their platform isn't just about automation — it's about enabling healthcare financial inclusion, and we're proud to support that mission.
Maya Horgan Famodu, Founder & Managing Partner at Ingressive Capital

About 🏢

SehaTech has developed an AI-powered health finance platform that streamlines communication and monetary transactions between stakeholders in the Egyptian healthcare market. It is a fully digital Third Party Administration (TPA) that automates medical approvals, claims processing, and the billing cycle — saving insurers' time and expenses while preventing fraudulent practices. The company guarantees its payers the best prices and lowest loss ratio at its nationwide network of healthcare providers. more
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