Egyptian InsurTech startup SehaTech has raised $1.1 million in seed funding to strengthen its mission of digitizing and automating health insurance administration through artificial intelligence (AI).
The round was led by Ingressive Capital, with participation from Plus VC, A15, Beltone Venture Capital, and several angel investors, including an industry veteran.
The fresh capital will support SehaTech’s plans to expand its operations across Egypt and the wider MENA region, enhance its AI technology, and scale its team.
“Our goal is not only to fix operational inefficiencies in medical insurance processing but also to expand access to quality health coverage,” said Mohamed Elshabrawy, Founder and CEO of SehaTech.
“This funding will help us continue building the tools needed to reduce friction between insurers and providers, and ultimately make health insurance more available to the millions who are underserved today.”
What Is SehaTech?
Founded by Mohamed Elshabrawy, Mostafa Tarek, and Omar Shawky, SehaTech is a Cairo-based InsurTech company that applies technology to streamline how health insurance is managed.
In a country where health coverage remains low and insurance processes are often riddled with delays, paperwork, and inconsistencies, SehaTech was established to bridge the gap between healthcare providers and insurers.
The founders identified inefficiencies in the system, slow claims approvals, inaccurate data handling, and limited access to coverage, and set out to create a digital solution that simplifies every step.
SehaTech’s goal is not merely to digitize existing processes but to build a more inclusive, transparent, and efficient health insurance ecosystem capable of supporting both private and public healthcare delivery.
What SehaTech Does and How It Works
SehaTech offers a full-stack, AI-powered platform that automates the entire lifecycle of health insurance management, from policy creation and claims processing to approvals and payments.
Traditionally, insurance workflows depend heavily on human input, leading to errors, fraud, and slow service delivery. SehaTech’s technology replaces this manual approach with intelligent systems capable of handling tasks automatically and accurately.
The company’s AI and rule-based engine analyzes claims data in real time, verifies patient eligibility, detects anomalies that may suggest fraudulent activity, and ensures compliance with insurer policies.
This enables faster turnaround times for approvals and payments while minimizing operational costs. Hospitals and clinics using SehaTech’s platform can upload medical claims directly, while insurers can review, approve, or flag them through a transparent, unified dashboard.
The result is a smoother, faster, and more reliable experience for patients, providers, and insurers alike.
What SehaTech Plans With Its Newly Secured Fund
Following the successful seed round, SehaTech plans to expand its footprint across Egypt and other MENA markets, invest in advanced AI and automation tools, and grow its team to meet rising demand.
CEO Mohamed Elshabrawy emphasized that the company will channel part of the funding into research and development to deepen its AI models and integrate predictive analytics that could anticipate fraud patterns or operational bottlenecks.
The company also aims to address Egypt’s low health insurance penetration, where fewer than 10 percent of citizens have private health insurance coverage, according to the World Bank.
SehaTech hopes to make insurance processes simpler and more affordable, especially for small and mid-sized health providers often excluded by the cost and complexity of traditional systems.
By doing so, it aspires to bring millions of uninsured citizens into the formal healthcare system.
Why This Matters
The broader MENA healthcare and insurance ecosystem faces deep-rooted challenges, low coverage rates, inefficient systems, and high fraud levels.
The Coalition Against Insurance Fraud estimates that insurance fraud globally costs over $80 billion annually, a problem that is particularly acute in emerging markets where oversight is limited.
SehaTech’s automated and data-driven model has the potential to drastically reduce these losses while ensuring that legitimate claims are processed swiftly and fairly.
Furthermore, according to Allied Market Research, the MENA health insurance market is projected to reach $80 billion by 2030, growing at an annual rate of about 6 percent.
Yet, millions of people remain excluded from formal health coverage. By leveraging AI and automation, SehaTech is addressing both the financial inefficiency and the accessibility gap that prevent the region’s health insurance system from scaling effectively.
“In regions where infrastructure gaps hinder access to quality services, SehaTech’s work is critical in solving a deeply entrenched problem at the heart of healthcare delivery,” said Maya Horgan Famodu, Founder and Managing Partner at Ingressive Capital.
The Bigger Picture: AI’s Role in the Future of Health Insurance
Globally, the InsurTech sector is reshaping how insurance companies operate. Valued at more than $8 billion in 2023, experts believe that the market will surprisingly soar higher by 2030.
AI and automation are leading this transformation, helping insurers reduce administrative waste, improve accuracy, and deliver faster services.
In this context, SehaTech’s emergence reflects a broader trend: the rise of homegrown innovation in Africa and the Middle East to solve local problems with global implications.
By combining AI, data analytics, and user-centric design, the company is not just creating software, it is redefining the infrastructure on which modern health insurance can thrive.
Upon successful plans’ execution, SehaTech could become a regional model for how technology can build a fairer, more efficient healthcare financing system, setting the stage for a more inclusive digital health future in Africa and beyond.
_________________________
Bookmark Techparley.com for the most insightful technology news from the African continent.
Follow us on X/Twitter @Techparleynews, on Facebook at Techparley Africa, on LinkedIn at Techparley Africa, or on Instagram at Techparleynews
