# Healthwire (Private)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/healthwire-private

- Industry: Software
- Headquarters: Lahore, Pakistan
- Website: www.healthwire.pk
- Total disclosed funding: $4M
- Latest round: Series A (Dec 29, 2021)
- Investors on record: 2

## About

Healthwire is a healthcare technology company focused on improving access to medical services in Pakistan through online pharmacy, lab testing, and doctor appointment solutions.Healthwire (Private) Limited was founded in 2015 in Lahore, Pakistan, and operates as a provider of digital healthcare solutions. The company was co-founded by Hamza Iqbal and Muhammad Nabeel, with Hamza Iqbal also serving as CEO. In its journey, Healthwire has successfully closed two funding deals, with the most recent being a Series A round on December 29, 2021, where it raised USD 3.3 million from investors including Habib Bank and 47 Ventures Investments, bringing its total funding to USD 3.3 million.Healthwire is primarily focused on enhancing healthcare accessibility by providing a comprehensive suite of services that includes pharmacy orders, lab tests, and doctor appointments. The company’s core product offerings enable users to order medicines online for home delivery, book lab tests with options for home sampling or in-lab collection, and schedule appointments with healthcare professionals across various specialties. These services are designed to address the health needs of individuals and families, streamlining the process of obtaining medications and medical tests. Healthwire caters to a diverse customer base, including individual patients, families, and healthcare professionals, primarily targeting the Pakistani market, where it aims to serve over 220 million citizens.Healthwire generates revenue through multiple transaction structures, including direct-to-consumer sales and partnerships within the healthcare ecosystem. The company facilitates revenue through pharmacy orders, where customers can purchase medications at a discounted rate and receive them at their doorstep. Additionally, revenue is derived from lab tests offered at competitive prices, which may include promotional discounts to enhance customer engagement. The appointment booking service also contributes to revenue, allowing patients to connect with specialists across various medical fields. Each service is priced individually, with the pharmacy orders featuring discounts up to 10%, lab tests providing savings of up to 28%, and a potential return on investment for partners involved in the pharmacy franchising model.In December 2021, Healthwire (Private) Limited raised USD 3.3 million in Series A financing from new investors Habib Bank, Dilsons Pvt. Ltd. and returning investor 47 Ventures Investments. Healthwire will use the funding to further fuel its growth and become the healthcare super app of Pakistan. The company aims to expand its offerings with new products designed to enhance patient engagement and health management tools, targeting a rollout by the end of 2023. Furthermore, Healthwire is planning to extend its services into additional regions within Pakistan to reach underserved populations, with specific geographic expansion goals set for 2024.

## Funding rounds

- Series A, Dec 29, 2021, $3.3M — Habib Bank, 47 Ventures Investments
- Seed, Oct 6, 2020, $0.7M — 47 Ventures Investments

## Investors

- 47 Ventures Investments (https://capitalatlas.ai/funds/47-ventures-investments) — Seed, Series A
- Habib Bank — Series A