MedIQ Raises $6M to Expand in GCC

MedIQ Smart Healthcare , founded by Dr Saira Siddique, has emerged as a pioneering health-tech startup in Pakistan, marking significant strides in digital healthcare innovation. As the first solo female founder of a Pakistani health-tech venture, Dr. Siddique has led MedIQ to notable achievements, including raising $1.8 million in pre-seed funding in April 2022.

MedIQ, the first female-founded Pakistani health-tech startup, has raised $6 million in a landmark Series A round one of the largest for a health-tech firm in Saudi Arabia. Founded by Dr. Saira Siddique, MedIQ aims to transform regional healthcare with its AI-powered, scalable infrastructure supporting providers, insurers, and governments. Since entering Saudi Arabia in 2023, it has served over 10 million patients and become EBITDA-positive, offering solutions like EHR, telehealth, e-pharmacy, and AI decision support. Backed by investors Joa Capital and Rasmal Ventures, MedIQ now operates in Islamabad and Riyadh with a team of 180 and total funding of $9.8 million.