Morocco: Healthcare startup welcomes AXA as first institutional investor
Source: Middle East Insurance Review | Nov 2018
Moroccan startup DabaDoc, which allows users to find doctors and book appointments online, has raised funding from AXA Assurance Morocco to increase the company’s footprint in its existing markets and further develop its offering.
The investment means AXA has become the first institutional investor in DabaDoc, which sets out to democratise access to healthcare with its practice management solution and disruptive online booking technology. It has seen over 2m appointments booked through its platform.
“We are at the inception of a disruption in the way healthcare is delivered. Having AXA as a shareholder adds an important dimension to our mission of democratising access to healthcare. We are excited about further growth prospects with this partnership and the expertise provided by AXA in our existing and future markets,” said Ms Zineb Drissi-Kaitouni, CEO and co-founder of DabaDoc.
“In the midst of a digital revolution in Morocco, customer expectations are rapidly evolving. AXA is therefore committed to transforming its role of indemnity payer into a partner facilitating the lives of its customers thanks to its services. As such, we are happy to contribute to the growth of DabaDoc, an amazing Moroccan startup. DabaDoc offers innovative services in the healthcare space, especially by facilitating patient journeys,” said Mr Philippe Rocard, CEO of AXA Assurance Morocco.
Launched in 2014, DabaDoc helps thousands of patients connect with doctors through its platform each month, and has expanded into Algeria and Tunisia. M