Egypt’s InsurTech startup SehaTech has secured USD 1.1 million in seed funding. It will use the financing to transform health insurance operations through artificial intelligence and automation. The round was led by Ingressive Capital, with participation from Plus VC, A15, Beltone Venture Capital, and several angel investors.
The new funding will support SehaTech’s plans to expand its team. It will help them enhance AI-driven capabilities, and scale operations across Egypt and the broader MENA region.
SehaTech’s Mission to Fix Health Insurance Inefficiencies
Founded by Mohamed Elshabrawy, Mostafa Tarek, and Omar Shawky, SehaTech is on a mission to make healthcare more efficient and accessible. Its platform automates health insurance workflows from start to finish, cutting down delays, reducing human error, and improving coordination between insurers and healthcare providers.
The startup’s approach focuses on three major goals:
- Streamlining health insurance processing: Automating approvals, claims, and payment systems.
- Expanding healthcare access: Making insurance more available to underserved communities.
- Enhancing transparency: Reducing fraud and increasing trust between insurers, hospitals, and patients.
According to CEO Mohamed Elshabrawy, “Our goal is not only to fix inefficiencies in medical insurance but also to expand access to quality health coverage. This funding helps us build tools that remove friction between insurers and providers and make healthcare more inclusive.”
AI at the Core of SehaTech’s Innovation
SehaTech’s platform integrates AI and rule-based automation to streamline administrative processes across the insurance value chain. By digitizing manual workflows, the system minimizes paperwork, speeds up claim settlements, and helps detect fraudulent activities in real time.
Key platform features include:
- AI-driven claim verification to prevent fraud and abuse.
- Automated workflow management to reduce processing time.
- Real-time data analytics for decision-making and performance tracking.
- Integration tools to connect insurers, hospitals, and service providers seamlessly.
This technological infrastructure supports a more transparent, faster, and cost-efficient health insurance ecosystem.
Backing from Regional Investors
Investors see SehaTech as a critical enabler in reshaping healthcare delivery in regions struggling with low insurance coverage and outdated systems.
Maya Horgan Famodu, Founder and Managing Partner at Ingressive Capital, said, “SehaTech’s work is solving a deeply rooted issue in healthcare delivery—especially in regions where infrastructure gaps limit access to quality care.”
By digitizing and automating the insurance backbone, SehaTech aims to build a sustainable health ecosystem that promotes inclusion and operational excellence.
With its new funding, SehaTech is positioned to scale its impact, empower more healthcare providers, and bring efficient, tech-enabled insurance services to millions.