# Waseel

> Waseel is a VC fund in Riyadh backing Apps, Mobile and Predictive Analytics. See 1 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: Riyadh, Saudi Arabia
- Total investments: 1
- Last investment: Dec 2017
- Lead investor: 0%
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/company/waseel
- Website: https://www.waseel.com/

Waseel is a regional healthcare technology company that connects healthcare providers and insurance companies across Saudi Arabia.Waseel offers services that includes e-claims solutions, provider network management, electronic health record systems and advanced analytics, and reporting capabilities.The company was founded in 2003 and is basedin Riyadh, Riyadh.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Apps | 1 | 100% |
| Mobile | 1 | 100% |
| Predictive Analytics | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Sihatech | Sihatech is the solution to the problem of lack of transparency and accountability in healthcare. They have developed a responsive website and two native applications on iOS and Android. Today, a small hospital or clinic can use Sihatech for all their Hospital Information System (HIS) needs and save all the hassle and trouble of working with athird party IT developer and paying thousands of riyals in server and development costs. Sihatech is a pure cloud player. They are focusing on the marketing and appointment booking aspects of the website and apps, but this is just the simple hook to get the doctors on board. Once they experience the robustness of their back end system and their innovative ideas, they will become loyal users. They are already being referred by their existing customers. They are now in the process of building a payment gateway that will allow their users to apply for micro-loans to finance certain medical procedures that are not typically covered by insurance and it will also allow small hospitals and clinics to manage their revenue cycle with insurance companies and their medical supply payments to their vendors (pharmacies, laboratories and equipment/consumables suppliers). Sihatech’s vision is to become the MENA regions premium provider of technology solutions to the healthcare space to improve the access, accountability and quality in healthcare.Sihatech’s mission is to allow the hospitals, polyclinics and doctor practices to outsource all business and technology processes to be able to focus on treating the patient | $1.3M | Series A | Dec 10, 2017 | http://sihatech.com |

1 of 1 investments shown.

## Co-investors
- [Saudi Aramco](https://shizune.co/investors/profile/saudi-aramco) — VC Fund, 1 deal together
- [Saudi Aramco Entrepreneurship Ventures](https://shizune.co/investors/profile/wa-ed-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Waseel invest in?

Waseel invests primarily in Apps, Mobile and Predictive Analytics startups, most often at Series A stage. Most of the 1 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Waseel last invest?

The most recent investment recorded for Waseel closed in Dec 2017. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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