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Monday, 29 March 2021

TakeStep targets GCC after raising undisclosed seed investment

Egyptian healthtech startup TakeStep has bagged an undisclosed seed investment from two angel investors including Mohamed Khedr who will join the firm as a managing partner, the company said in a statement (pdf) this morning. The funds will be used to expand TakeStep’s operations into the GCC region in “the near future,” the statement said without disclosing further details.

What does TakeStep do? Founded in 2018, the company operates a platform that connects people suffering substance addiction to psychiatrists, and bills itself as the only service of its kind in the Middle East to provide specialized support to addiction cases. It has helped more than 15k patients in Egypt and the US through its web platform and app, which provides people with access to professional help and monitors their progress to prevent relapse. It also provides therapy sessions via phone or video calls using emotional intelligence technology. TakeStep, along with other four African companies, has made it to Lisbon's Web Summit 2019.

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