DabaDoc Raises Capital From Axa To Support Patients And Health Professionals

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Agreement signed on 12 September 2018 introducing Axa as DabaDoc’s first institutional shareholder. The capital raise will help enhance the company’s footprint in its existing geographies and further develop its offering.

Zineb Drissi-Kaitouni (DabaDoc) and Philipp Rocard (Axa Insurance Morocco)

We are at the inception of a disruption in the way healthcare is delivered. Having AXA as a shareholder adds an important dimension to our mission of democratizing access to healthcare. We are excited about further growth prospects with this partnership

DabaDoc (“DabaDoc”), the Morocco-based healthtech platform connecting patients and health professionals in Africa, and Axa Insurance Morocco (“AXA”), have signed an agreement to introduce AXA as one of DabaDoc’s strategic shareholders. AXA is DabaDoc’s first institutional shareholder. The capital raise will help enhance the company’s footprint in its existing geographies and further develop its offering.

Zineb Drissi-Kaitouni, CEO and Co-Founder of DabaDoc said, “We are at the inception of a disruption in the way healthcare is delivered. Having AXA as a shareholder adds an important dimension to our mission of democratizing access to healthcare. We are excited about further growth prospects with this partnership and the expertise provided by AXA in our existing and future markets."

Philippe Rocard, CEO of AXA Insurance Morocco said, "In the midst of a digital revolution in Morocco, customer expectations are rapidly evolving. AXA is therefore committed to transforming its role of indemnity payer into a partner facilitating the lives of its customers thanks to its services. As such, we are happy to contribute to the growth of DabaDoc, an amazing Moroccan startup. DabaDoc offers innovative services in the healthcare space, especially by facilitating patient journeys.”

About DabaDoc:
DabaDoc.com (https://www.dabadoc.com/) set out to democratize access to healthcare with its practice management solution and disruptive online booking technology in Morocco. It has since expanded to Algeria and Tunisia, is now rapidly changing the regional healthcare landscape with its telemedicine services and has seen over two million appointments booked through its platform since launch. It is a leading partner of healthcare constituencies (health professionals, hospitals, insurance companies, pharmaceutical companies…) in its markets which has allowed it to meaningfully improve the healthcare journey of millions of patients.

About AXA Insurance Morocco:
A key constituent in its sector, AXA Insurance Morocco offers a complete range of products and services tailored to the needs of individuals and businesses. The company has achieved revenues of 4,039 million dirhams in 2017. It is one of the leading insurance providers in Morocco. As part of its CSR strategy (Corporate Social Responsibility), the company is active on many fronts, particularly around prevention and increasing awareness to reduce risk.
http://www.axa.ma

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Oumaima Chaibi
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