# MedIQ Smart Healthcare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mediq-smart-healthcare

- Industry: Healthcare IT
- Headquarters: Islamabad, Pakistan
- Website: www.mediq.com.pk
- Total disclosed funding: $6M
- Latest round: Series A (Apr 30, 2025)
- Investors on record: 3

## About

Founded in 2020 and based in Pakistan, MedIQ Smart Healthcare provides technology-enabled healthcare solutions for corporates and insurance. Dr. Saira Siddique founded the company, and as of 2024, she is leading the firm as CEO. In April 2025, MedIQ Smart Healthcare raised USD 6 million in series A funding led by new investor Rasmal Ventures, with participation from another new investor Joa Capital. Other unspecified investors also participated in the round. The company offers a healthcare technology platform with integrated devices and support services. The firm service range includes corporate-managed healthcare solutions that include Cashless Digital OPD/IPD Pool Fund and Claims Management solutions. Additionally, it also provides corporate wellness program that includes both mental and physical health components. Moreover, the firm also offers customized health and life insurance plans that includes group life and health IPD Insurance aggregation and brokerage, and many more. The company plans to utilize the April 2025 funding to expand its patented technology and assist growth throughout Saudi Arabia's health tech industry.

## Funding rounds

- Series A, Apr 30, 2025, $6M — Joa Capital, Rasmal Ventures
- Seed, Aug 23, 2023 — Orbit Ventures

## Investors

- Orbit Ventures (https://capitalatlas.ai/funds/orbit-ventures) — Seed
- Joa Capital (https://capitalatlas.ai/funds/joa-capital) — Series A
- Rasmal Ventures (https://capitalatlas.ai/funds/rasmal-ventures) — Series A