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Saudi healthtech Tuba raised $8 million in a pre-seed round led by Al-Waalan Investment to scale operations and improve healthcare management.

May 02, 2025•8 months ago

Amount Raised

$8 Million

Round Type

Pre-Seed

RiyadhArtificial IntelligenceHealth CareInformation Technology

Investors

Angel InvestorsAl Waalan Investment

Description

Saudi Arabia-based healthtech Tuba raised $8 million in a pre-seed round led by Al-Waalan Investment, with participation from angel investors. Founded by Fayez Al-Anazi, Tuba offers AI-powered solutions for healthcare management. The funding will be used to build technical infrastructure and expand operations. The startup aims to enhance efficiency and patient-centric solutions.

Company Information

Company

Tuba

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Tuba is a healthcare management platform that offers artificial intelligence-powered solutions to improve efficiency and enhance the experience for both patients and healthcare providers. Founded in 2023 by Fayez Al-Anazi, it aims to enhance operational efficiency, reduce costs, and create transparent patient-centric solutions. The startup is leveraging funding to build technical infrastructure and expand operations.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers