Founded in 2018, Yodawy is a Cairo-based pharmacy benefits platform connecting patients and consumers to pharmacies, doctors and insurance companies. Orders are routed to the best matching pharmacy across a network of 2500 nation-wide partners and insurance and copayment approvals are digitally managed through Yodawy’s AI-powered approval engine.
The company is currently processing 100k prescriptions per month and is partnering with leading insurance providers in Egypt to provide appropriate insurance coverage and improve medication management for chronic patients. It was founded by three Egyptians with prior consulting and software engineering experience.
With over 90% of prescriptions and insurance claims still filed on paper in Egypt, Yodawy is aiming to make life easier for patients. Its platform allows them to browse medications, order and pay for them from their phones.
With the help of a mobile app, orders are routed to the best matching pharmacy across a network of 2500+ nation-wide partners and insurance approvals are carried out digitally.
This enables pharmacies to grow their business and customers to get their medications faster and hassle-free.
The company also offers a special service to chronic patients for monthly medication refills and handling daily deliveries.
According to the release, this new round of funding is expected to fuel the growth of its signature Care Program for chronic patients. It intends to automate operations, enable larger-scale prescription processing and strengthen its technology-enabled fulfillment capabilities.
Personalized care is a healthcare approach that can tailor medication to the specific needs of the patient. This can increase adherence to treatment and reduce long-term costs for patients and providers.
Founded in 2018, Yodawy offers a medication ordering and pharmacy benefits management platform that connects pharmacies, health insurance companies, and patients through a real-time AI-powered approval engine. It aims to automate the entire prescription process from generating digital prescriptions to processing, picking and packing medicines at scale.
Yodawy has partnered with 20 leading health insurance companies and 3,000 pharmacies in Egypt. In addition, it launched a flagship e-prescription gateway to allow physicians to go paperless with seven insurance companies and health management organizations participating in the program resulting in more than 2,000 e-prescriptions generated daily.
Founded by former Booz & Company consultant Karim Khashaba, CTO Sherief El-Feky, and CPO Yasser AbdelGawad, Yodawy is now operating in 30 cities across Egypt. It crossed a half million orders in less than a year of operations.
Access to a Wide Range of Medications
Health care services are essential to life, and they are growing increasingly important as medical conditions unheard of in the past become commonplace. But getting access to these services can be a hassle.
Yodawy is a pharmacy benefits management platform that connects patients, pharmacies, and insurance companies. It enables users to order medications through a mobile app and receive delivery from the best matching pharmacy across a network of 2500+ nation-wide partners.
It also digitally manages the approval process for insurance and co-payment plans.
Founded in 2018, Yodawy is disrupting how prescriptions are produced digitally, by doctors, processed by payers, and delivered to patients’ homes. It is the region’s leading pharmacy benefits management platform, enabling 20 leading health insurance companies and 3,000 pharmacies and healthcare providers to build a nationwide and tech-powered fulfillment infrastructure.
Founded in 2018, yodawy is an Egyptian digital health startup that offers a medication ordering and pharmacy benefits platform. Using its mobile app, users can browse and order medications, submit insurance approvals, and have the prescriptions delivered to their home.
The company has partnered with leading insurance providers and has a network of over 2500 partner pharmacies across Egypt. Its app also offers patients access to their medical insurance co-payment plan.
Yodawy also enables doctors to issue digital prescriptions for their patients, saving them time and money. Doctors can also save template prescriptions for common types of cases, and use them to streamline the process.
The startup has raised $16 million in a Series B round led by Delivery Hero Ventures, a UAE-based and MEA-focused venture capital firm, and Global Ventures. Its existing investors Middle East Venture Partners (MEVP), C-Ventures, and P1 Ventures also invested in this round.