Egyptian InsurTech startup SehaTech has raised USD 1.1 million in a seed funding round led by Ingressive Capital, with participation from Plus VC, A15, Beltone Venture Capital, and several angel investors, including an industry veteran.
With the new funding, SehaTech plans to scale its team, expand operations across Egypt and the wider MENA region, and enhance its AI-driven automation tools. The company says these steps will help improve efficiency and accessibility in health insurance processing.
“Our goal is not only to fix the 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 build tools that reduce friction between insurers and providers, and ultimately make health insurance more available to the millions who are underserved today.”
SehaTech: Automating Egypt’s health insurance backbone
Founded by Mohamed Elshabrawy, Mostafa Tarek, and Omar Shawky, SehaTech offers a full-stack, AI-powered platform designed to automate health insurance administration from end to end.
The system manages workflows such as approvals, claims, and payments, helping reduce fraud, errors, and delays while providing greater transparency across the value chain.
According to Maya Horgan Famodu, Founder and Managing Partner at Ingressive Capital, “SehaTech’s work is critical in solving a deeply entrenched problem at the heart of healthcare delivery—especially in regions where infrastructure gaps hinder access to quality services.”
SehaTech’s vision goes beyond efficiency. By digitizing and automating the backbone of health insurance, the company aims to boost coverage rates in Egypt — where insurance penetration remains low — and promote a more inclusive, accessible, and financially sustainable healthcare system.
Through AI and rule-based automation, SehaTech is redefining how insurers, providers, and patients interact, laying the groundwork for a future where universal health coverage in emerging markets becomes more attainable.
