UAE – Middle East-based healthtech company Santechture has secured an undisclosed amount of funding from Gulf Capital (GC) and Shorooq Partners to further develop its platform, expand its services, and grow its team.
Santechture, a cutting-edge healthtech cloud-based Software as a Service (SaaS) company, aims to revolutionise healthcare in the Kingdom of Saudi Arabia and the United Arab Emirates (UAE) through its full suite of end-to-end Revenue Cycle Management (RCM) software solutions.
The digital health company leverages the latest advancements in artificial intelligence (AI) and deep technology to offer innovative solutions to healthcare providers, ultimately enhancing the overall experience for providers and patients.
Santechture is at the forefront of RCM innovation across the Gulf Cooperation Council (GCC) countries with its innovative SaaS solutions improving overall efficiency.
Its flagship products including ROBIN, THYNK, CODEMINE, and QUBE are revolutionising healthcare technology in the area of Revenue Cycle Management.
Backed by the new round of investment, Santechture will invest in producing RCM software and AI tools for healthcare purposes to automate manual processes, reduce potential errors and enhance patient care management.
The partnership with Gulf Capital and Shorooq Partners will allow Santechture access to its investors’ expertise, strategic support, and growth capital to further extend its market leadership and ambitious expansion across Saudi Arabia, the UAE, and beyond.
Moreover, the strategic collaboration between Gulf Capital and Shorooq Partners marks a significant milestone in developing the technology ecosystem in the Middle East.
Santechture will provide AI-powered cloud-based solutions while democratising the adoption of emerging technologies across enterprises in the Middle East region to solve existing inefficiencies in the healthcare industry.
In addition, its specialised products can be utilized by small and medium-sized enterprises (SMEs) to reduce operational costs, reduce claim rejections, and provide valuable insights into value-based healthcare.
The technology-driven company will use the newly-acquired funds to venture into the next phase of growth across the region as it scales operations, invest in DeepTech and AI technologies and expand its innovative software solutions across new segments.
Santechture has operations in various locations across KSA, UAE, India, and Egypt, serving a roster of blue-chip public and private sector customers.
The Middle East-based healthtech company helps its clients to achieve RCM excellence, improve efficiency, accelerate collections, and boost overall profitability.
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