Healthtech KLAIM secures $1.6 million pre-series A round - Wamda
Summary
• Founded in 2020 by Karim Dakki and Ghafoor Ahmad, KLAIM enables hospitals and clinics to reduce claim processing costs and optimise cash flow management. KLAIM, the medical factoring solution startup, has secured $1.6 million funding in a pre-series A round, led by Mad’a Investments from Saudi Arabia. The startup also attracted other high-profile names, such as Arzan Venture Capital and Wealth Well, as well as a follow-up investment from Techstars, which opened its seed funding round in December 2020. Through NPHIES, the National Platform for Health Information Exchange Services, The Government is committed to developing a new, efficient and modern model to manage the countrys medical insurance financial flows. Healthcare providers face business instability in their day-to-day operations: paying salaries, upgrading equipment, and expanding pose greater challenges than they should.