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§ Private Profile · Cairo, Egypt
Yodawy is a technology company.
Yodawy operates as a digital healthcare platform, streamlining medication access and pharmacy benefits management. The company provides a mobile application that facilitates the ordering and delivery of pharmaceuticals and cosmetics, leveraging technology for advanced fulfillment capabilities and seamless integration with pharmacies. This infrastructure supports a more efficient ecosystem for medication procurement and distribution.
The company was co-founded in 2018 by Karim Khashaba, who brings over a decade of experience in management consulting and healthcare, and Sherief El Feky, a seasoned professional in full-stack software architecture. Their combined expertise led to the insight that technology could significantly simplify the process of accessing essential healthcare products and services.
Yodawy primarily serves individual consumers seeking convenient medication delivery, as well as collaborating with insurance companies to manage pharmacy benefits. The company's vision is centered on simplifying healthcare, continuously building software solutions that enhance patient access to medication and contribute to the future evolution of healthcare delivery.
Yodawy has raised $35.0M across 4 funding rounds.
Yodawy has raised $35.0M in total across 4 funding rounds.
Yodawy has raised $35.0M in total across 4 funding rounds.
Yodawy's investors include Amir El-Sharqy, Global Ventures, Advent Life Sciences, Canyon Creek, Draper Associates, DX Ventures, F-Prime Capital Partners, Maverick Capital, NEO, One Planet Group, Pitbull Ventures, Questa Capital.
Yodawy has raised $35.0M across 4 funding rounds. Most recently, it raised $10.0M Other Equity in January 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 17, 2024 | $10M Venture Round | Amir EL Sharqy | — | Announced |
| Feb 1, 2023 | $16M Series B | Global Ventures | Advent Life Sciences, Canyon Creek, Draper Associates, DX Ventures, F Prime Capital, Maverick Capital, NEO, ONE Planet Group, Pitbull Ventures, Questa Capital, Think + Ventures, Ylem, Curtis Chambers, Farhad Mohit, Russell Cook, Scott Banister, AAIC, C Ventures, Dallah Albaraka, Middle East Venture Partners, P1 Ventures | Announced |
| Jul 1, 2021 | $8M Series B | — | Algebra Ventures, Antler, OMERS Ventures, Esther Dyson | Announced |
| Nov 1, 2019 | $1M Series A | Emad Fouad | Algebra Ventures, Antler, OMERS Ventures, Esther Dyson, ASI Ventures | Announced |
Yodawy is a healthcare technology company founded in 2018 and headquartered in Giza, Egypt, that builds a digital platform to simplify access to medications, making them easy and affordable for patients.[1][2][4] It offers B2B pharmacy benefits management and delivery services for insurers and corporates, a B2C e-pharmacy app serving around 150,000 patients monthly, and micro-insurance solutions for uninsured chronic patients, supported by a network of 3,000 partner pharmacies across 38 cities and over 4 million prescriptions processed.[1][2][4] The platform integrates doctors, insurers, and pharmacies to streamline prescriptions for acute and chronic conditions, automates insurance claims, handles supply chain logistics, and provides data analytics for better adherence and availability.[1][4][5]
With reported revenue of 105M EGP and partnerships with 15 insurance companies and 200 corporates—including leading multinationals—Yodawy demonstrates strong growth momentum in Egypt's healthcare sector, processing 100k API requests daily and expanding delivery via its own dispensary and marketplace pharmacies.[1][4]
Yodawy was founded in 2018 by Karim Khashaba (CEO), Sherief El-Feky, and Yasser AbdelGawad in Egypt, addressing inefficiencies in medication access, supply chains, and insurance claims in a fragmented healthcare market.[1][3][5] The idea emerged from leveraging technology to integrate healthcare stakeholders—doctors, insurers, pharmacies—and overcome challenges like stockouts and handwritten prescriptions, starting with an app for instant pharmacy delivery of medicines and cosmetics.[4][5] Early traction came from building a nationwide network, automating e-prescriptions and claims, and scaling to B2B services for payers, which quickly positioned it as a key player, evidenced by partnerships with major insurers and corporates shortly after launch.[1][2][4]
Yodawy rides the digital health wave in emerging markets like Egypt, where fragmented supply chains, low insurance penetration, and urban congestion hinder medication access, capitalizing on rising smartphone adoption and demand for telemedicine/pharmacy tech.[1][2][5] Timing aligns with post-2018 healthtech boom, accelerated by COVID-19 needs for contactless delivery and claims processing, positioning it amid market forces like insurer digitization and chronic disease prevalence in MENA.[1][4] It influences Egypt's ecosystem by enhancing pharmacy revenues, payer efficiencies, and patient outcomes—processing millions of prescriptions—while pioneering sustainable logistics (e.g., EV fleet for Cairo deliveries) to cut costs/emissions, supporting local SMEs and cleaner air in polluted hubs.[2]
Yodawy is poised for regional expansion beyond Egypt, scaling its pharmacy network and micro-insurance amid growing VC interest in MENA healthtech, with trends like AI-driven personalization, full EV logistics, and deeper insurer integrations shaping its path.[1][2][4] Potential challenges include regulatory hurdles and competition, but its 105M revenue, vast partner base, and data moat suggest sustained leadership in accessible healthcare. As a 2018 pioneer simplifying medication access, Yodawy exemplifies how tech bridges Egypt's healthcare gaps, promising broader impact as digital adoption surges.[1][2]