Baraya Extended Care Secures $124M to Transform Saudi Long-Term Healthcare

Malaz Madani

Last updated 15-07-2025

2 min

TVM Capital Healthcare boosts Baraya Extended Care's funding to $124 million amid rising healthcare demands.

Key investors include TVM Healthcare Afiyah Fund and prominent groups like Olayan Financing Company.

Baraya plans to expand with new clinics and open a 216-bed hospital by 2026.

Saudi Ministry of Health reports high long-term care demand, factored into investment interest.

While challenges remain, such investments signal a transformative phase in Saudi Arabia's healthcare sector.

TVM Capital Healthcare has just sealed the deal on a Series B funding round for Baraya Extended Care, pumping the Saudi company’s coffers up to a hefty $124 million so far. All this comes as Saudi Arabia sees rising demand for long-term care and rehabilitation, driven by a greying population and more people living with chronic diseases. As someone who’s seen startup scenes across the region, I reckon news like this really signals how MENA’s health sector is growing up—no more lagging behind global trends.

Investors making a splash this time include the TVM Healthcare Afiyah Fund, seasoned institutional players, and a few big-name strategic groups—like Olayan Financing Company, SEDCO Holding, ANB Capital, and the Saudi Venture Capital Company (SVC). No half-measures here; it’s not every day you see so many heavyweights throwing their hats in the ring for a specialised medical operator.

And Baraya isn’t resting on its laurels. The new capital is earmarked to expand its network of in-hospital care and specialist rehab clinics. The pièce de résistance? They’re planning to open a brand new 216-bed hospital at the start of 2026. If you ask me, that’s spot on timing—given Saudi’s mega-ambitious Vision 2030 and the health sector shake-up riding alongside it.

Of course, the numbers are proving the point. According to Saudi’s Ministry of Health, around 14% of acute care beds in general hospitals are occupied by patients really needing long-term care. And in cities like Jeddah and Riyadh, those percentages climb to a whopping 19% and 17%, respectively. When you see stats like that, it’s no wonder savvy investors are nibbling at such opportunities.

On the flip side, building up proper long-term care is a bit of a faff—lots of regulatory hoops and specialist talent to recruit. Still, if companies like Baraya keep the momentum, maybe in a couple of years we’ll look back and see them as a tipping point for Saudi healthcare. And at Arageek, empowering startups and watching these leaps forward is always a buzz—well… almost as much as my first ride-sharing pitch from a rookie founder years ago. Times change, eh?

🚀 Got exciting news to share?

If you're a startup founder, VC, or PR agency with big updates—funding rounds, product launches 📢, or company milestones 🎉 — AraGeek English wants to hear from you!