Altibbi, the leading Arab Medical Online Interactive Platform which serves more than 5 million unique visitors a month and oversees more than 5000 interactions a month between a network of over 1,500 verified physicians and users, has closed a round of an undisclosed amount with leading regional investors.
The round included strategic and regional investors such as Middle East Venture Partners (MEVP) a pan Arab fund and DASH Ventures from Jordan, among other investors with industry insights and domain expertise.
Altibbi, still in its infancy, has created real momentum and growth over the past few years, and this investment round will strengthen monetization, accelerate revenue growth, and expand the reach of Altibbi’s brand.
Altibbi’s efforts to empower the Arabic speaking population have been recognised, and the app was awarded the WSA-mobile Award as the best mobile Health medical content for 2014. Altibbi has also been one of the world’s top 40 apps in mobile content brilliance, shining a light on mobile innovation in Health and Medicine.
Altibbi will also be honored at the global UN-based World Summit Award mobile (WSA mobile) in February, 1-3, along with some of the world’s best mobile app developers, at the WSA mobile Global Congress in Abu Dhabi. Selected from over 480 mobile app developers from over 100 countries, Altibbi was chosen for the the Health and Medicine category by an international jury.
Jalil Allabadi, Managing Partner of Altibbi said that this is great news for Altibbi and its users round the Arab world “bringing strategic investors onboard is crucial to support our efforts in connecting the maximum number of users with the maximum number of medical experts through our #1 Arabic medical interactive platform. The WSA-mobile award has come to emphasize and reinforce our leading position in the mHealth industry in the Arab world”.
Commenting, Majed Al Suwaidi, Managing Director of Dubai Internet City and Dubai Outsource Zone said;
“Congratulations to Altibbi for being named one of the winners of the UN-based World Summit Awards. The awards celebrate the best of mobile innovation, and Altibbi is championing this innovation by creating high quality online medical content and changing the way users are able to connect with healthcare experts. Through in5, we are committed to supporting start-ups and entrepreneurs right from an idea through to the implementation of a product or service, and Altibbi is testament to the top talent and creativity that we have within our offering. I wish them all the best for the World Summit Awards in February.”Altibbi is the largest Arabic medical online platform, which empowers 350 million strong Arabic speaking population with educational and informative medical content in the form of articles, videos, and infographics, as well as giving users the opportunity and the ability to connect with healthcare experts from around the region. Altibbi has helped to improve many lives with more than 200,000 answers by top medical experts using the platform, and has been visited by more than 40million people since January 2014.
With a young team of medical experts and engineers, Altibbi has started attracting major talent such as Dr. Amer Zureikat who has a long career between pharmaceutical marketing and online operations, as Vice President at Bayt.com, to take the company to the next level of growth.
Altibbi has already launched 5 mobile apps on both IOs and Android with downloads totaling 2million.
“73 percent of our user base is already on mobile” says Dr. Zureikat “and this is placing an increasing pressure to be on mobile and targeting different audiences and offer them personalized, immediate, interactive and private medical interactions with trusted physicians from the Arab World”.