Alma Health

What Alma Health does

Alma Health is a digitally-native chronic illness management platform headquartered in Abu Dhabi, United Arab Emirates, with operational offices in Dubai, Cairo, and Riyadh. Founded in 2020-2021, the company targets an addressable market of approximately 20 million patients in the Gulf Cooperation Council (GCC) region, providing digital healthcare services focused on improving accessibility and convenience for patients managing chronic conditions. The platform operates on a subscription-based, recurring revenue model and serves patients across three primary markets: the UAE, Saudi Arabia, and Egypt, using a sales-led go-to-market strategy. The company is led by co-founder Khaldoon Bushnaq and co-founder Tariq Seksek (Head of Products), with a team that has scaled by approximately five times since inception to a current range of 11-50 employees.

The company's core offering is a digital healthcare platform delivering chronic illness management services to patients, though specific product names, modules, and technical architecture details are not disclosed in available sources. Alma Health employs a B2B/B2C business model with revenue generated through recurring subscription fees, and reported an elevenfold increase in revenue in 2022, indicating strong early traction from a small revenue base. The company has secured backing from multiple investors across its funding history, including Knuru Capital, Hambro Perks Oryx Fund, e& capital, Joa Capital, Khwarizmi Ventures, Pinnacle Capital, Almoayed Ventures, Annex Investments, and Ibtikar Fund. Alma Health has no disclosed product-level AI/ML capabilities, named customer logos, or detailed pricing information in the available data.

Name

Alma Health

Legal name

Alma Health

Website

https://almahealth.io

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Alma Health is a UAE-based digital chronic illness management platform serving approximately 20 million GCC patients. The subscription-based service operates across UAE, Saudi Arabia, and Egypt, using a sales-led go-to-market approach to deliver accessible digital healthcare.

Ownership category

akta.pro rank

Product category

Digital Healthcare / Chronic Disease Management

NAICS

Home Health Care Services (621610), Health Care and Social Assistance (62)

SIC

Services-Health Services (8000), Services-Home Health Care Services (8082), Services-Misc Health & Allied Services, Nec (8090)

akta.pro primary industry

Chronic Care & Remote Patient Monitoring (RPM) Platforms (HLALABAF)

akta.pro secondary industries

Chronic Disease Management & Remote Patient Monitoring (RPM) (HSABACAD), Data Aggregation, Interoperability & APIs for RPM (FHIR/IoMT Gateways) (HLACAFAO)

Keywords

• Chronic disease management
• Digital health platform
• Telehealth services
• MENA healthcare
• Healthcare accessibility

Headquarters

HQ city

Abu Dhabi

HQ country

United Arab Emirates

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Healthcare Services: Digital healthcare services provider operating across multiple markets in the MENA region

Go-to-market motion1 record

Core offering

Alma Health is a digitally-native chronic illness management platform that provides healthcare services to patients in the UAE, Saudi Arabia, and Egypt. The company targets an addressable market of 20 million patients in the GCC and operates on a subscription-recurring revenue model. It delivers chronic-care services through a digital platform supported by regional offices in Abu Dhabi, Dubai, Cairo, and Riyadh.

Product overview

Alma Health is a UAE-based digital healthcare startup founded in 2021, operating in the UAE, Saudi Arabia, and Egypt. The company provides digital healthcare services and has experienced significant growth, expanding its operations across multiple regional cities including Abu Dhabi, Dubai, Cairo, and Riyadh. The specific named products and modules are not detailed in the available sources.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Elevenfold revenue increase in 2022

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Altibbi: Leading MENA digital health platform offering telehealth consultations and chronic care content. Direct peer to Alma Health given shared geography (UAE/Jordan), Arabic-first patient focus, and chronic care delivery model.
• Vezeeta: MENA-headquartered digital healthcare booking and telehealth platform operating across Egypt, Saudi Arabia, and the UAE. Comparable multi-market footprint, healthcare-provider marketplace, and chronic care patient base as Alma Health.
• Okadoc: UAE-based telehealth and doctor-booking platform serving hospitals, clinics, and patients across MENA. Comparable target geography and digital care delivery, though more focused on episodic visits than chronic management.
• Omada Health: US digital chronic disease prevention and management platform (diabetes, hypertension, MSK) with a subscription/B2B model. Closest functional analog in chronic-care virtual care delivery and recurring revenue mechanics.

Emerging players

• mySugr (Roche): Digital diabetes management platform acquired by Roche, offering connected devices, coaching, and chronic disease self-management. Functionally analogous to Alma Health's chronic-condition subscription model and could expand into GCC.
• Healthigo: MENA digital health platform offering telehealth, bookings, and insurance integrations. Comparable GCC presence and B2C healthcare consumer focus, though broader in scope than Alma Health's chronic-care niche.
• Wellthy Therapeutics: Digital therapeutic platform for chronic disease (diabetes, cardiovascular) operating across India and emerging markets. Comparable digital chronic-disease coaching model and emerging-market regulatory navigation.
• Nala Health: Middle East-focused digital chronic care platform providing personalized care plans and remote monitoring for chronic patients. Closest regional niche competitor to Alma Health in chronic disease management.

Broad incumbents

• Livongo (Teladoc Health): Acquired chronic condition management platform now operating under Teladoc, serving diabetes, hypertension, and behavioral health at scale. Represents the scaled global template Alma Health is replicating for the GCC.

Others

• Klaim.ai: MENA-based healthcare payment and claims platform enabling insurance integration for providers. Adjacent enabler for Alma Health's growth if it pursues payer partnerships or claims automation in the GCC.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/almahealthcares

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alma Health