Egypt’s SehaTech Raises USD 1.1 M Seed To Scale AI-Driven Health Insurance Platform

Cairo-based insurtech startup SehaTech has raised USD 1.1 M in seed funding, bringing its total capital raised to USD 2 M following its 2023 raise, to scale its AI-driven health insurance platform across Egypt and emerging markets.

The round was led by Nigerian VC firm Ingressive Capital, with participation from Plus VC, strategic angels, and existing backers A15 and Beltone Venture Capital.

Founded in 2022 by Mostafa Tarek, Mohamed Elshabrawy, and Omar Shawky, SehaTech offers a full-stack, AI-centred platform that automates workflows between insurers and healthcare providers, streamlining approvals, claims, and payments while reducing fraud and manual errors.

The new funding will drive team expansion, AI automation tools, and regional growth beyond Egypt.