Bypa-ss, an Egypt-based healthTech and health information management company, has raised USD 1 Mn in its newest fundraising round from Egyptian and foreign investors. The round included investors like Magic Fund, Acuity Ventures, Launch Africa, Plug and Play, and other regional and international VCs and angel investors.
Bypa-ss has developed an end-to-end health information exchange (HIE) platform called HealthTag where healthcare professionals and patients are able to securely access medical records stored in a cloud-based database. HealthTag securely preserves medical records acquired from various healthcare providers and gives them to their rightful owner, the user, by connecting with a cloud database.
The company intends to use the funds to fuel expansion, perfect a high-end tech mobile app for patients to engulf and facilitate the information exchange between the stakeholders from different levels and sizes and capitalize on the company’s rapid growth.