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Top 35 Medical Startup Investors in Pakistan (September 2026)

The most active venture capital funds and angel investors investing in Pakistan Medical startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Pakistan Medical startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Impact Investment Exchange (IIX)
VC Fund
2 India, Singapore, Cambodia Debt Financing, Series A, Venture - Series Unknown Finance, Financial Services, Banking $700k–$37M
Elahi Group of Companies
VC Fund
2 Pakistan Seed, Series A Medical, Women's, Telehealth
47 Ventures
VC Fund
2 Pakistan, Singapore Seed, Series A Information Technology, iOS, Android $412k–$5.5M
CrossFund
VC Fund
1 Pakistan, Nigeria, Vietnam Seed, Pre-Seed, Angel FinTech, Marketplace, Financial Services $22k–$2.5M
Rasmal Ventures
VC Fund
1 Turkey, Colombia, Pakistan Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $6M–$12M
10Pearls Ventures
VC Fund
1 Pakistan Seed, Pre-Seed FinTech, Medical, Women's
Mentors Fund
VC Fund
1 United States, Pakistan, Turkey Seed, Pre-Seed, Series A Health Care, Software, Information Technology $125k–$29M
Amaana Capital
VC Fund
1 Pakistan, United Arab Emirates Seed, Pre-Seed, Convertible Note Medical, Wellness, Logistics
Cordoba Ventures
VC Fund
1 Pakistan Pre-Seed Medical, Wellness, Health Care
Dilsons Pvt. Ltd.
VC Fund
1 Pakistan Series A Medical, Software, Wellness
Glowfish Capital
VC Fund
1 United Arab Emirates, Pakistan Seed Fitness, Medical, Consumer $1M–$1.3M
StartUp Health
VC Fund
1 United States, Canada, United Kingdom Seed, Pre-Seed Health Care, Wellness, Medical $20k–$4M
Virtual Force Inc.
VC Fund
1 Pakistan, Sweden Seed, Pre-Seed, Series A E-Commerce, Health Care, Information Technology
Virtual Forge
VC Fund
1 Pakistan Pre-Seed Fitness, Medical, Wellness
Fazal Din Group
VC Fund
1 Pakistan Seed, Pre-Seed Health Care, Medical, Internet
Joa Capital
VC Fund
1 United Arab Emirates, Saudi Arabia, Kuwait Seed, Series A, Pre-Seed FinTech, PropTech, Information Technology $1M–$35M
Habib Bank
VC Fund
1 Pakistan, Bahrain, Bangladesh Debt Financing, Series A, Post-IPO Debt Financial Services, Banking, Telecommunications $3.3M–$669M
NRD Capital Management
VC Fund
1 United States, Pakistan, Switzerland Seed, Series B, Pre-Seed SaaS, Software, Human Resources $2.6M–$10M
Seraph Group
VC Fund
1 United States, Canada, Latvia Seed, Series A, Series B Software, Health Care, Artificial Intelligence $800k–$51M
Sarmayacar
VC Fund
1 Pakistan, United States Seed, Pre-Seed, Series A E-Commerce, Information Technology, FinTech $200k–$23M
Islamic Development Bank
VC Fund
1 United States, Qatar, Turkey Grant, Seed Health Care, AgTech, Energy $100k–$10M
House of Habib
VC Fund
1 Pakistan Pre-Seed Medical, Wellness, Health Care
Din Group
VC Fund
1 Pakistan Seed Medical, Women's, Telehealth
Antler
VC Fund
1 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
AMAANAH CIRCLE
VC Fund
1 Pakistan Series A Medical, Women's, Health Care
GSMA Ecosystem Accelerator
VC Fund
1 Kenya, Indonesia, France Grant, Seed, Venture - Series Unknown Information Technology, Software, Mobile $150k–$2.5M
USAID’s Investment Promotion Activity (IPA)
VC Fund
1 Pakistan Grant, Series A Water, Medical, Women's
Bantam Group
VC Fund
1 United States, Canada, Israel Seed, Pre-Seed, Series A Software, Health Care, Artificial Intelligence $120k–$20M
AugMentor
VC Fund
1 Pakistan Series A Medical, Women's, Health Care
Korean Impact Collective Funds
VC Fund
1 Pakistan Seed Medical, Women's, Telehealth
Leonine Tech Ventures
VC Fund
1 Pakistan Seed Health Care, Medical, Internet
Pillar VC
VC Fund
1 United States, United Kingdom, Germany Seed, Series A, Pre-Seed Biotechnology, Software, Health Care $200k–$50M
KTrade
VC Fund
1 Pakistan Seed Medical, Women's, Telehealth
Doha Tech Angels
VC Fund
1 Bangladesh, Qatar, United States Seed, Series A, Convertible Note Health Care, Wellness, E-Commerce $500k–$7.5M
TAJDEED
VC Fund
1 Pakistan Pre-Seed Medical, Wellness, Health Care
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Investor list

Impact Investment Exchange (IIX)
VC Fund · Singapore, Central Region, Singapore · 2 investments in Pakistan Medical startups

Impact Investment Exchange (IIX) prepare Social Enterprises (SEs) in Asia-Pacific to have the organizational and fiscal accountability.

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Investment focus

  • Industry: Finance, Financial Services, Banking
  • Stage:Debt Financing, Series A, Venture - Series Unknown
  • Geography: India, Singapore, Cambodia

Investor stats

  • Total investments: 13
  • Round size: Series A $700k–$2.7M; Debt Financing $3M–$37M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • Kinara Capital — Kinara Capital offers Unsecured Business Loans for MSMEs. Get MSME loans from Rs. 1-30 lakhs; machinery loans/financing
  • Namdev Finvest — Namdev Finvest operates a non-banking finance platform that provides loans to rural and semi-urban agriculture, as well as the priority sector.
  • SAVE Microfinance — SAVE Microfinance is part of the SAVE Group and is primarily focused on providing microfinance to the women entrepreneurs of joint liability groups in rural India.
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Elahi Group of Companies
VC Fund · 2 investments in Pakistan Medical startups

Elahi Group of Companies has been involved in supply chain business segment involved in procurement of raw materials for different manufacturing concerns including transformer industry, inventory management, storage and logistics of huge volumes.

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Investment focus

  • Industry: Medical, Women's, Telehealth
  • Stage:Seed, Series A
  • Geography: Pakistan

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Sehat Kahani — Book online video appointments with the best Doctors and Specialists, such as Skin Specialists, General Physician, Child Specialists, etc in Pakistan.
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47 Ventures
VC Fund · Ebène, Plaines Wilhems, Mauritius · 2 investments in Pakistan Medical startups

47 Ventures invest in high growth Pakistani businesses that leverage technology for scale.

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Investment focus

  • Industry: Information Technology, iOS, Android
  • Stage:Seed, Series A
  • Geography: Pakistan, Singapore

Investor stats

  • Total investments: 5
  • Round size: Seed $412k–$5.5M; Series A $1M–$3.3M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • 1Bstories — Compare Australia's top online casinos for 2026. We review games, bonuses in AUD, payment methods, licensing and mobile play so you can choose with confidence.
  • Healthwire — Discover innovative digital healthcare services with Healthwire. From health management systems to online video consultation, find everything on Healthwire in a single click.
  • Jeeto Naye Andaz Say — Jeeto Naye Andaz Say is Pakistan’s first live mobile game show that enables you to win exciting prizes by answering 10 simple questions. Join the smartest Pakistani’s and win daily prizes by freely participating in the live show. Win game points, become part of lucky draws, get lifelines and other power ups to boost your chances of winning.
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CrossFund
VC Fund · Singapore, Central Region, Singapore · 1 investments in Pakistan Medical startups

For Angels, By Angels

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Investment focus

  • Industry: FinTech, Marketplace, Financial Services
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Pakistan, Nigeria, Vietnam

Investor stats

  • Total investments: 23
  • Round size: Seed $90k–$2M; Angel $22k–$315k; Pre-Seed $56k–$2.5M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Nuvolaris — Speed up #CloudNative Development and Run Anywhere. #Nuvolaris: #Serverless #Stack for #Everyone
  • Swag Kicks — Guaranteed Original Sneakers, Trainers and Casual Shoes. Easy Return & Exchange.
  • Sehat Kahani — Book online video appointments with the best Doctors and Specialists, such as Skin Specialists, General Physician, Child Specialists, etc in Pakistan.
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Rasmal Ventures
VC Fund · 1 investments in Pakistan Medical startups

Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: Turkey, Colombia, Pakistan

Investor stats

  • Total investments: 7
  • Round size: Series A $6M–$12M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $30M in 2024

Portfolio highlights

  • EnergyX — Energy X is an AI-driven online energy platform company based in Seoul, Republic of Korea. Energy X connects various energy market participants from individual households to EPC contractors and investors via its online and mobile Social Energy Platform. Backed by socially responsible venture capital investors, Energy X strives to become the globalstandard for clean energy development and energy securitization.
  • Roamless — One eSIM, 60+ destinations. No plans, no expirations. Just easy, affordable, reliable mobile connectivity for travelers. Join the Roamless Revolution today.
  • Yuno — A fast checkout that integrates your company to the payments and fraud ecosystem.
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10Pearls Ventures
VC Fund · 1 investments in Pakistan Medical startups

10Pearls Ventures is a venture capital firm.

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Investment focus

  • Industry: FinTech, Medical, Women's
  • Stage:Seed, Pre-Seed
  • Geography: Pakistan

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • mKhata — mKhata helps MSMEs manage credit, avoid disputed transactions and improve cash flows with automated collection reminders and free SMS alerts
  • Sehat Kahani — Book online video appointments with the best Doctors and Specialists, such as Skin Specialists, General Physician, Child Specialists, etc in Pakistan.
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Mentors Fund
VC Fund · Redwood City, California, United States · 1 investments in Pakistan Medical startups

Mentors Fund is a venture capital firm that invests in capital-efficient startups that aim to digitally disrupt traditional businesses.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Pakistan, Turkey

Investor stats

  • Total investments: 68
  • Round size: Seed $1M–$10M; Pre-Seed $125k–$3M; Series A $7M–$29M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • Poltio — We help the world's top brands access, engage with and learn from their users with interactive content and declared data.
  • Nearsite — AI-powered enterprise procurement platform workforce and insurance housing
  • Clario — Clario identifies and eliminates redundant, obsolete, and trivial unstructured data so organizations reduce waste, lower risk, and create cleaner foundations for AI.
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Amaana Capital
VC Fund · 1 investments in Pakistan Medical startups

US-based investor

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Investment focus

  • Industry: Medical, Wellness, Logistics
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Pakistan, United Arab Emirates

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Trax — Pakistan's first tech-enabled 4PL platform. GPS asset tracking, logistics, warehousing, security and fintech in one ecosystem.
  • medIQ — Do you need stress-free employee healthcare funds management services? Then MedIQ is here to provide you with the best cost-effective services. Reach us Today!
  • SmartCrowd — Grow your wealth by investing in Dubai real estate with MENA's first regulated crowdfunding platform. Start earning a passive income from day one - no hassle, just returns!
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Cordoba Ventures
VC Fund · Karachi, Sindh, Pakistan · 1 investments in Pakistan Medical startups

Cardoba ventures build mission-driven platforms through a focus on culture and operational excellence.

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Investment focus

  • Industry: Medical, Wellness, Health Care
  • Stage:Pre-Seed
  • Geography: Pakistan

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • medIQ — Do you need stress-free employee healthcare funds management services? Then MedIQ is here to provide you with the best cost-effective services. Reach us Today!
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Dilsons Pvt. Ltd.
VC Fund · Lahore, Punjab, Pakistan · 1 investments in Pakistan Medical startups

Dilsons Pvt. Ltd.

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Investment focus

  • Industry: Medical, Software, Wellness
  • Stage:Series A
  • Geography: Pakistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Healthwire — Discover innovative digital healthcare services with Healthwire. From health management systems to online video consultation, find everything on Healthwire in a single click.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Glowfish Capital
VC Fund · 1 investments in Pakistan Medical startups

Glowfish Partners is a boutique business builder that invests in and creates early-stage companies within the Middle East and Africa. We believe in the 'old' VC model where we are actively involved in our ventures. We provide our exceptional talent with funding, expertise, and mentoring for ambitious projects that can quickly become realbusinesses.Glowfish prefers to invest in booming industries, in growing economies where opportunities are plenty but real talent is scarce. Glowfish is based out of Dubai. It was founded in 2013 by Wim Torfs and Ali Malik, both McKinsey & Co alumni.

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Investment focus

  • Industry: Fitness, Medical, Consumer
  • Stage:Seed
  • Geography: United Arab Emirates, Pakistan

Investor stats

  • Total investments: 4
  • Round size: Seed $1M–$1.3M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • CarSwitch — Sell your car in UAE - free car valuation, get the best price, quickly and without hassle with CarSwitch
  • Mobimatter — Buy travel eSIMs from MobiMatter for 200+ destinations. Enjoy instant eSIM delivery and seamless activation for your trips.
  • oladoc.com — Book in-person or online video appointments with the best Doctors and Specialists such as Gynecologists, Skin Specialists, Child Specialists, Surgeons, etc. in Pakistan conveniently and save upto 50% | oladoc.com
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StartUp Health
VC Fund · New York, New York, United States · 1 investments in Pakistan Medical startups

Organizing and investing in a global army of entrepreneurs committed to achieving health moonshots

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Investment focus

  • Industry: Health Care, Wellness, Medical
  • Stage:Seed, Pre-Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 315
  • Round size: Seed $100k–$4M; Pre-Seed $20k–$854k
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — raised $31M in 2018

Portfolio highlights

  • AvoMD — AvoMD is reimagining clinical decision support with interactive point-of-care software, available standalone and via EHR integrations, and seamless content building tools.
  • Hidoc Consult — Hidoc Consult: Boost your well-being with free consultations, 24/7 access to quality healthcare, complete privacy, user-friendly, and a trusted network of HCPs
  • NEXT Life Sciences — NEXT Life Sciences is developing the revolutionary Plan A™ procedure to bring the only scientifically proven technology in the category - Vasalgel® - to market.
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Virtual Force Inc.
VC Fund · New York, New York, United States · 1 investments in Pakistan Medical startups

Virtual Force is an innovation platform that specializes in providing internet based applications, web development and mobile apps.

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Investment focus

  • Industry: E-Commerce, Health Care, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Pakistan, Sweden

Investor stats

  • Total investments: 6
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • YourPDi — YPDi AB, founded in 2017, is a tech startup that aims to make life easier for everyone who wants to find their valuable documents and information when they need it the most.
  • Baby Planet — A one stop shop for the little ones and their heroic mommies! Offering a wide range of baby and maternity products. Explore our website https://t.co/IrYIJyPk3t
  • JOMO Technologies — Experience the joy of shopping with Pakistan's largest online fashion store, JOMO! Get a range of 100% authentic shoes, apparel, active wear, cosmetics, bags & accessories delivered to your doorstep for free. Try your order before you buy it and enjoy hassle-free returns & exchange.
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Virtual Forge
VC Fund · Heidelberg, Baden-Wurttemberg, Germany · 1 investments in Pakistan Medical startups

Virtual Forge is an independent supplier of Security, Compliance and Quality solutions for SAP® systems and applications. Virtual Forge is a leading supplier of security, compliance and quality assurance products and services that help their customers secure and manage their SAP systems and applications. They help their customers identify andmitigate risk efficiently while enhancing the performance and quality of their SAP ERP landscape.Virtual Forge, an Onapsis company, is a solution provider in the cybersecurity industry for SAP solutions.Since 2006, Virtual Forge has worked closely with customers to provide the highest security, compliance and quality standards for their SAP systems. Virtual Forge has pioneered the field of SAP custom code scanning, launching its flagship solution CodeProfiler in 2009. In June 2019, Onapsis acquired Virtual Forge to deliver the cybersecurity industry’s first and only comprehensive business-critical application cybersecurity and compliance platform.As an Onapsis company, Virtual Forge will continue to accelerate its mission to develop and deliver new technologies and disruptive methods that ensure SAP systems and applications are protected against cyberattacks, fraud and unnecessary downtime.

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Investment focus

  • Industry: Fitness, Medical, Wellness
  • Stage:Pre-Seed
  • Geography: Pakistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • oladoc.com — Book in-person or online video appointments with the best Doctors and Specialists such as Gynecologists, Skin Specialists, Child Specialists, Surgeons, etc. in Pakistan conveniently and save upto 50% | oladoc.com
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Fazal Din Group
VC Fund · Lahore, Punjab, Pakistan · 1 investments in Pakistan Medical startups

Get your very own domain easily. Fast and professional customer service.

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Investment focus

  • Industry: Health Care, Medical, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Pakistan

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ailaaj — Ailaaj is Pakistan’s first full-stack digital healthcare company providing a personalized, end-to-end healthcare experience from diagnosis by PMDC certified doctors, to delivery of medication, to corporate health & wellness, to ongoing patient care – Ailaaj ensures each and every healthcare need is taken care of.Belonging to the Fazal DinGroup, a pioneer in advancing Pakistan’s healthcare services for the past 70 years, Ailaaj is carrying that legacy forward by further evolving care services that empower and give back control to patients.Being the first full-stack digital healthcare company of Pakistan, Ailaaj is a complete end-to-end healthcare experience for its users. We have an exceptional panel of experienced doctors and veteran pharmacists that will ensure you have a stress-free experience. From your doctor appointments to your prescriptions to the delivery of your medication; you get it all through one platform. In a nutshell, Ailaaj takes care of all your health needs!
  • AugmentCare — GitLab Community Edition
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Joa Capital
VC Fund · Az Zahra', Ar Riyad, Saudi Arabia · 1 investments in Pakistan Medical startups

Joa Capital: Pioneers in financing technology and innovation in the Kingdom of Saudi Arabia.

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Investment focus

  • Industry: FinTech, PropTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Saudi Arabia, Kuwait

Investor stats

  • Total investments: 29
  • Round size: Seed $1.6M–$15M; Pre-Seed $1M–$3.4M; Series A $6M–$35M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Aya — Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform.
  • InvestSky — InvestSky offers zero commission investing in your favorite stocks. Invest smarter, together. Trading mobile app is coming soon, join the waitlist!
  • Safqah Capital — Safqah Capital is an innovative fintech and proptech company headquartered in Riyadh. We specialize in structuring and distributing Sharia-compliant Sukuk for small and medium-sized real estate developers. Safqah's digital investment platform enables secure participation from both retail and institutional investors, backed by rigorous duediligence, transparency, and smart governance. Safqah operates at the intersection of technology, finance, and real estate, positioning itself as a key enabler of Vision 2030’s housing and development goals.
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Habib Bank
VC Fund · Karachi, Sindh, Pakistan · 1 investments in Pakistan Medical startups

HBL, Pakistan's best largest bank, according to the Asiamoney HBL is the Best domestic, corporate and investment bank in the pakistan. HBL has grown its branch network to over 1,700 branches, +2,000 ATMs and serving 20 million customers in 15 countries.

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Investment focus

  • Industry: Financial Services, Banking, Telecommunications
  • Stage:Debt Financing, Series A, Post-IPO Debt
  • Geography: Pakistan, Bahrain, Bangladesh

Investor stats

  • Total investments: 9
  • Round size: Series A $3.3M–$10M; Debt Financing $139M–$669M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Eskan Bank — Eskan Bank is a financial institution that provides lending, mortgages, loans, electronic fund transfer and online banking services.
  • Burj Solar Energy — Pakistan's first Shariah-compliant green energy fund. BCEM delivers solar, wind, storage, and fintech solutions for corporates, SMEs, and households.
  • National Bank of Bahrain BSC — National Bank of Bahrain BSC is a provider of retail and wholesale commercial banking, treasury and investment.
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NRD Capital Management
VC Fund · Atlanta, Georgia, United States · 1 investments in Pakistan Medical startups

NRD’s mission is to invest in brands that offer superior products and compelling unit economics and help them grow to their fullest potential using the power of franchising.They believe that sustained franchise growth is an outcome of franchisee success. Their investment approach focuses on building solid unit economic models for theirfranchisees, while adhering to a strong value system. They believe when franchisees and franchisors work together in a spirit of partnership, all parties win.NRD Capital occupies a unique niche in franchise equity investments. Their fund buys small to medium sized franchisors and applies their multi-unit and operating expertise to grow their brands. They look at franchise companies not just as financial vehicles but as living entities in which concept founders and franchisees have invested significant amounts of time and resources. Their goal is to use their operational and financial expertise to position high quality brands for accelerated growth.Their team has over 75 years of franchise experience from single store operations to public company management. Collectively, the team has been involved in 20 brands including top global brands such as Popeyes, Burger King, Snap Fitness and Domino's as well as regional brands such as Moe's Southwest Grill, Pet Valu, Super Wash and local startups such as Urban Grounds and Tutor Force. Their experience encompasses every area of the franchise business model from sales, financing, and real estate development to operations, marketing, HR, and technology through to successful exit strategies.The core pillar of NRD's strategy is to invest in brands where franchisee success is the central value. NRD invests in brands that meet the criteria of their proprietary model, known as Own It!©, which incorporates "The 5 Ps" (product, profit, people, processes, and partnership). Own It! establishes a clear focus on franchisee success.

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Investment focus

  • Industry: SaaS, Software, Human Resources
  • Stage:Seed, Series B, Pre-Seed
  • Geography: United States, Pakistan, Switzerland

Investor stats

  • Total investments: 9
  • Round size: Seed $2.6M–$5.5M; Series B $7M–$10M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: May invest from a new fund soon — raised $7.3M in 2020

Portfolio highlights

  • medIQ — Do you need stress-free employee healthcare funds management services? Then MedIQ is here to provide you with the best cost-effective services. Reach us Today!
  • SmartCrowd — Grow your wealth by investing in Dubai real estate with MENA's first regulated crowdfunding platform. Start earning a passive income from day one - no hassle, just returns!
  • Turtle Club — Aggregated, diligenced, personalized onchain yield management.
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Seraph Group
VC Fund · Foster City, California, United States · 1 investments in Pakistan Medical startups

Seraph Group invests and shares exclusive, early-stage investment opportunities.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Latvia

Investor stats

  • Total investments: 75
  • Round size: Seed $800k–$6M; Series A $2M–$23M; Series B $5.5M–$51M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — raised $3.6M in 2014

Portfolio highlights

  • Venus Aerospace — Venus Aerospace is a space company that provides an innovative approach to hypersonic transportation. Venus Aerospace is a startup aerospace company focused on engineering the future of hypersonic flight. We are making one-hour global transport possible to connect the world and make it safer.The company is an expert team of PhDs, rocketscientists, and engineers taking on the biggest challenges in aerospace at Mach 9 speed. The company also takes pride in being moms and dads, military veterans, and BBQ enthusiasts.
  • 4AG Robotics — Revolutionizing mushroom farming with robots that pick, trim, and pack. Our automation solutions boost quality, yield, and value for farmers worldwide.
  • Pinpoint Predictive — Pinpoint Predictive helps P&C insurers fast-track profitable growth by improving loss ratios on the industry's leading risk selection platform
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Sarmayacar
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Pakistan Medical startups

Pakistan's largest Venture capital fund dedicated to the technology sector as it looks to build scalable, market-transforming and consumer technology

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Investment focus

  • Industry: E-Commerce, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Pakistan, United States

Investor stats

  • Total investments: 28
  • Round size: Seed $200k–$17M; Series A $5.7M–$23M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2018

Portfolio highlights

  • Aabshar — Aabshar offers AI-driven water-saving technology on a subscription model that reduces utility costs, prevents water damage, lowers CO2 emissions, and provides real-time insights. Our solutions empower communities and industries in water-stressed regions.
  • Truckistan — Truckistan is developing a logistics platform to make shipping faster and cheaper. The company provides real-time tracking, a customer dashboard, account management, and guaranteed transit time, as well as SaaS tools for routing, vehicle loading, and RFID implementation throughout the supply chain.
  • Revolving Games — Building new gaming experiences for Web3 and beyond. We create worlds without borders or limitations.
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Islamic Development Bank
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investments in Pakistan Medical startups

Islamic Development Bank is an international financial institution fostering the economic and social progress of Muslim communities.

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Investment focus

  • Industry: Health Care, AgTech, Energy
  • Stage:Grant, Seed
  • Geography: United States, Qatar, Turkey

Investor stats

  • Total investments: 8
  • Round size: Grant $100k–$10M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • SHEQONOMI — The mission of SHEQONOMI is to elevate women's voices to the forefront, which has the potential to alter the course of the entire world.
  • Limak — Limak is an international company headquartered in Turkey operating across energy, tourism, food, construction, and infrastructure.
  • Riwe — Grow. Get covered. Get paid. *347*820#
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House of Habib
VC Fund · Karachi, Sindh, Pakistan · 1 investments in Pakistan Medical startups

House of Habib focuses on automobile, auto parts, building materials, energy, and packaging businesses.

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Investment focus

  • Industry: Medical, Wellness, Health Care
  • Stage:Pre-Seed
  • Geography: Pakistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • medIQ — Do you need stress-free employee healthcare funds management services? Then MedIQ is here to provide you with the best cost-effective services. Reach us Today!
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Din Group
VC Fund · 1 investments in Pakistan Medical startups

Din Group

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Investment focus

  • Industry: Medical, Women's, Telehealth
  • Stage:Seed
  • Geography: Pakistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sehat Kahani — Book online video appointments with the best Doctors and Specialists, such as Skin Specialists, General Physician, Child Specialists, etc in Pakistan.
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Antler
VC Fund · Singapore, Central Region, Singapore · 1 investments in Pakistan Medical startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 2372
  • Round size: Seed $158k–$4.5M; Pre-Seed $100k–$587k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
  • RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
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AMAANAH CIRCLE
VC Fund · Singapore, Central Region, Singapore · 1 investments in Pakistan Medical startups

AMAANAH CIRCLE is an exempt company.

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Investment focus

  • Industry: Medical, Women's, Health Care
  • Stage:Series A
  • Geography: Pakistan

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Sehat Kahani — Book online video appointments with the best Doctors and Specialists, such as Skin Specialists, General Physician, Child Specialists, etc in Pakistan.
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GSMA Ecosystem Accelerator
VC Fund · London, England, United Kingdom · 1 investments in Pakistan Medical startups

Our mission is to build synergies between start-ups and mobile operators, with the aim to scale innovative and sustainable mobile services in emerging markets.

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Investment focus

  • Industry: Information Technology, Software, Mobile
  • Stage:Grant, Seed, Venture - Series Unknown
  • Geography: Kenya, Indonesia, France

Investor stats

  • Total investments: 41
  • Round size: Seed $400k–$2.5M; Grant $150k–$350k
  • Lead/follow: 90% lead, 10% follow

Portfolio highlights

  • Koolboks — Koolboks: solar-powered, financially accessible fridges with an integrated pay-as-you-go platform dedicated to making cooling accessible to all of Sub-Saharan Africa. Get a Koolboks refrigerator for as little as 25k Naira down payment today!
  • Taskmoby — Taskmoby is a digital marketplace that connects people with home service professionals like cleaners, plumbers, and electricians in Ethiopia
  • Jamii Africa — Jamii Africa is mobile micro-health insurance for the informal sector. They built a mobile policy management platform that performs 99% of insurance administration activities and formed strategic partnerships with an Insurer/ Jubilee Insurance and a Telecom/ Vodacom Tanzania to enable a cashless facility and utilise the mobile moneyplatforms for premium collection and benefit payouts. Their platform manages the benefit ledger and is integrated to mobile money and insurer systems.Enabling us to cut down administration costs by 99% which results to cheaper premiums affordable to their target market.
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USAID’s Investment Promotion Activity (IPA)
VC Fund · 1 investments in Pakistan Medical startups

USAID’s Investment Promotion Activity (IPA) is to strengthen the private sector capacity for sustainable economic growth through investment promotion and increased access to diversified finance. The activity addresses one of the key constraints to private sector growth - the lack of access to alternative forms of investment and financing.

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Investment focus

  • Industry: Water, Medical, Women's
  • Stage:Grant, Series A
  • Geography: Pakistan

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Aabshar — Aabshar offers AI-driven water-saving technology on a subscription model that reduces utility costs, prevents water damage, lowers CO2 emissions, and provides real-time insights. Our solutions empower communities and industries in water-stressed regions.
  • Sehat Kahani — Book online video appointments with the best Doctors and Specialists, such as Skin Specialists, General Physician, Child Specialists, etc in Pakistan.
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Bantam Group
VC Fund · Westwood, Massachusetts, United States · 1 investments in Pakistan Medical startups

They are passionate about seeing their portfolio companies become successful.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 153
  • Round size: Seed $120k–$4M; Pre-Seed $500k–$5.7M; Series A $1.6M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AI Lean — AI Lean develops an all-in-one technology for processing liens and auctions. The platform automates the lien-to-auction process from end-to-end, with no need to switch between software, and it integrates with existing self-storage software.
  • Aikium Inc. — Protein therapeutics
  • LOOKOUT — Enhance your boating safety with Lookout Camera, the ultimate AI marine vision system. Spot hazards, navigate with augmented reality, and gain situational awareness like never before.
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AugMentor
VC Fund · 1 investments in Pakistan Medical startups

AugMentor having a social impact and facilitates greater participation by giving them access to our networks and mentorship.

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Investment focus

  • Industry: Medical, Women's, Health Care
  • Stage:Series A
  • Geography: Pakistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sehat Kahani — Book online video appointments with the best Doctors and Specialists, such as Skin Specialists, General Physician, Child Specialists, etc in Pakistan.
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Korean Impact Collective Funds
VC Fund · Singapore, Central Region, Singapore · 1 investments in Pakistan Medical startups

Korean Impact Collective Funds

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Investment focus

  • Industry: Medical, Women's, Telehealth
  • Stage:Seed
  • Geography: Pakistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sehat Kahani — Book online video appointments with the best Doctors and Specialists, such as Skin Specialists, General Physician, Child Specialists, etc in Pakistan.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Leonine Tech Ventures
VC Fund · 1 investments in Pakistan Medical startups

A investment holding company focused on investing in tech within emerging markets

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Investment focus

  • Industry: Health Care, Medical, Internet
  • Stage:Seed
  • Geography: Pakistan

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Ailaaj — Ailaaj is Pakistan’s first full-stack digital healthcare company providing a personalized, end-to-end healthcare experience from diagnosis by PMDC certified doctors, to delivery of medication, to corporate health & wellness, to ongoing patient care – Ailaaj ensures each and every healthcare need is taken care of.Belonging to the Fazal DinGroup, a pioneer in advancing Pakistan’s healthcare services for the past 70 years, Ailaaj is carrying that legacy forward by further evolving care services that empower and give back control to patients.Being the first full-stack digital healthcare company of Pakistan, Ailaaj is a complete end-to-end healthcare experience for its users. We have an exceptional panel of experienced doctors and veteran pharmacists that will ensure you have a stress-free experience. From your doctor appointments to your prescriptions to the delivery of your medication; you get it all through one platform. In a nutshell, Ailaaj takes care of all your health needs!
  • AugmentCare — GitLab Community Edition
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Pillar VC
VC Fund · Boston, Massachusetts, United States · 1 investments in Pakistan Medical startups

Pillar VC is a pre-seed and seed venture capital firm that invests in technical breakthroughs and exceptional founders.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 175
  • Round size: Seed $1M–$11M; Pre-Seed $200k–$5M; Series A $10M–$50M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely actively investing — fresh fund, raised $175M in 2025

Portfolio highlights

  • BoolSi — BoolSi is a command line tool for distributed simulations and analysis of synchronous Boolean networks.
  • Mesoware — Accelerate production https://t.co/VJwRDgjYjk
  • Skeletalis — Skeletalis is a biotechnology startup focused on developing next-generation precision medicines for musculoskeletal diseases, primarily osteoporosis.
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KTrade
VC Fund · Karachi, Sindh, Pakistan · 1 investments in Pakistan Medical startups

KTrade makes your investment hassle-free. It is easy and convenient for anyone and everyone

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Investment focus

  • Industry: Medical, Women's, Telehealth
  • Stage:Seed
  • Geography: Pakistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sehat Kahani — Book online video appointments with the best Doctors and Specialists, such as Skin Specialists, General Physician, Child Specialists, etc in Pakistan.
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Doha Tech Angels
VC Fund · Doha, Ad Dawhah, Qatar · 1 investments in Pakistan Medical startups

Doha Tech Angels provides seed funding for early stage disruptive technology startups in Qatar, the Middle East, and internationally.

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Investment focus

  • Industry: Health Care, Wellness, E-Commerce
  • Stage:Seed, Series A, Convertible Note
  • Geography: Bangladesh, Qatar, United States

Investor stats

  • Total investments: 23
  • Round size: Seed $500k–$7.5M; Series A $3.7M–$4M; Convertible Note $1.3M–$5M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • SkipCash — Shop and Save without hassle! SkipCash Mobile Payment App for Android & iOS can transfer and receive money seamlessly. Download SkipCash App for Scan to Pay your bills.
  • Nova — Nova is the professional network that connects the most talented people in the world, all selected based on merit.
  • Polymerize — Polymerize is a materials informatics company offering an AI-based platform for research and development. It helps researchers manage experimental data, collaborate effectively, and reduce trial and error. Its solution enables material development, improves efficiency, and supports industries such as chemicals, electronics, and advancedmanufacturing.
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TAJDEED
VC Fund · 1 investments in Pakistan Medical startups

TAJDEED is a syndicate of prominent physicians from APPNA (All Pakistani Physicians of North American descent Association).

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Investment focus

  • Industry: Medical, Wellness, Health Care
  • Stage:Pre-Seed
  • Geography: Pakistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • medIQ — Do you need stress-free employee healthcare funds management services? Then MedIQ is here to provide you with the best cost-effective services. Reach us Today!
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Medical Investor funding in Pakistan at a glance

Stats across 16 deals from 39 investors.

39
investors
in Pakistan Medical startups
16
deals
in Pakistan Medical startups
$1.1M
median round
in Pakistan Medical startups
31%
lead investors
lead at least one round
56%
Seed
most common funding stage
100/0
VC / Angel
share of investor count

Access all 39 investors in Pakistan Medical startups.

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