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SehaTech Secures $1.1M to Revolutionise InsurTech Across Emerging Markets

Editorial Team
Editorial Team

3 min

SehaTech, an Egyptian InsurTech startup, raised $1,1 million, total investment reaching $2 million.

The funding round was led by Ingressive Capital, with other notable investors participating.

Funds will streamline and automate health insurance services, enhancing efficiency and access to care.

SehaTech uses AI and rule-based engines to reduce errors and increase transparency in insurance.

The company plans to expand its team, enhance AI tools, and explore markets beyond Egypt.

SehaTech, the Egyptian InsurTech startup that’s been steadily reshaping how health insurance operates, has just wrapped up its second round of funding, pulling in $1.1 million. That takes its total investment haul to roughly $2 million—a tidy sum that should help it push deeper into both the Egyptian and wider emerging markets.

The round was led by Ingressive Capital, with Plus VC and a handful of strategic angel investors hopping on board. A15 and Beltone Venture Capital—both existing backers—also chipped in, alongside a well-known industry expert who, by the sound of it, knows the sector inside out.

Now, what’s all this cash for? SehaTech says it plans to use it to streamline and automate health insurance services, aiming to make a dent in one of the trickier challenges across the region: inefficient healthcare infrastructure. By tightening up how insurance processes run—from claims and approvals to payments—the company hopes to make access to care quicker, cleaner and, ultimately, fairer.

The startup's platform runs on artificial intelligence and what’s known as a rule-based engine, basically a smart data-processing core that checks medical claims automatically. That means fewer manual errors, less fraude, and smoother communication between insurers and healthcare providers. The long game here isn’t just about speed; it’s about transparency and trust—a big ask in any sector, let alone one as tangled as insurance.

SehaTech was built with the idea that digital automation can help close gaps in health insurance coverage. Large chunks of Egypt and other emerging markets remain underinsured, and the team’s goal is to make coverage more universal. Their founder and CEO, Mohamed El-Shabrawy, put it neatly: the aim isn’t just to fix inefficiencies, but to “expand access to quality healthcare and insurance coverage” by cutting out the red tape that slows everything down. I reckon that’s spot on—because if you’ve ever tried to file an insurance claim in this part of the world, you’ll know it can be a bit of a faff.

Backing this view, Maya Horgan Famodu, founder and managing partner at Ingressive Capital, pointed out that the funding helps tackle “a deep-rooted issue in healthcare systems, particularly where infrastructure gaps hold back access to quality services.” On the flip side, she added that SehaTech’s solutions go beyond automation—they’re also about boosting financial inclusion in health.

What caught my attention, and maybe yours too, is how this story speaks to something bigger than just startup growth. At Arageek, we often talk about the mix of tech and purpose driving new ventures in the MENA region, and SehaTech fits that bill nicely. It’s proof that investors are keen on ideas that do well *and* do good.

With this fresh funding, the company plans to expand its team, double down on AI tools, and explore new markets beyond Egypt’s borders. It’s early days, sure—but if SehaTech manages to untangle the messy knots of health insurance here, I’d say the region’s entrepreneurs will be watching with genuine interest… and maybe feeling a bit chuffed about where InsurTech is heading next.

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