UAE-based Klaim, a healthcare payments solutions provider, has raised $10m in Series A equity funding and secured an additional $16m financing fund to support its regional expansion efforts, according to a report from Zawya.
The funding round will help Klaim strengthen its presence in the UAE and extend its operations into Saudi Arabia, Oman, and other markets.
The company aims to reshape the healthcare financial landscape by expediting medical insurance claim payments and improving cash flow for healthcare providers in the MENA region.
The company’s unique approach, which allows providers to receive payments within 24 hours of submitting claims, enhances financial stability and supports high-quality patient care.
Klaim co-founder and CEO Karim Dakki said, “Securing Series A funding is not only a major validation of our vision and business model but also the critical inflection point that enables us to scale rapidly.”
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