# Otida

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/otida

- Industry: Healthcare
- Headquarters: Cairo, Egypt
- Website: www.otida.com
- Latest round: Seed (Nov 1, 2021)
- Investors on record: 1

## About

Based in Cairo, Egypt, and founded in 2021, by Ahmed Tawfic (CEO) and Ayman Mostafa, Otida is a digital platform that guides people with diabetes on how to change their lifestyle and food to reverse diabetes. In March 2022, Otida raised USD 340,000 in venture funding led by new investor LoftyInc Capital Management, with participation from other new investors Afropreneurs, Flat6Labs, Jedar Capital, and others.  The company targets the person with type 2 diabetes aiming to revise their diabetes and sustainably managing the patients with type 1 diabetes.

The company offers an application that provides an innovative and efficient care model and acts as a nutritionist, fitness coach, and physician for diabetic patients. The firm also provides therapeutics, wearables, and continuous remote monitoring for patients with diabetes. Additionally, the company provides a three-month subscription-based program in which the company provides a glucose-measuring kit and analyzes the glycemic response without pricking the customer’s finger and settles the goal to achieve and devise the plan to achieve that goal.

The company earns by charging 3500 EGP for their subscription package.

The company intends to use the March 2022 funding to expand its digital diabetes treatment across Egypt and the wider Mena region.

## Funding rounds

- Seed, Nov 1, 2021 — LoftyInc Capital Management

## Investors

- LoftyInc Capital Management (https://capitalatlas.ai/funds/loftyinc-capital-management) — Seed