Egyptian insurtech startup SehaTech has secured a USD 1.1 million seed round to accelerate its push into AI-led automation for health insurance. The raise brings the company’s total funding to USD 2 million, underscoring investor confidence in its infrastructure approach. SehaTech plans to channel the capital into team growth, deeper AI capabilities, and regional expansion across Egypt and MENA.
Funding Details
The seed round was led by Ingressive Capital, a firm known for backing early-stage technology companies in emerging markets. Participation came from Plus VC, a group of strategic angel investors, and existing backers A15 and Beltone Venture Capital, as well as an industry veteran. The mix of new and returning investors signals conviction in SehaTech’s model and execution to date.
Product and Technology
SehaTech offers a full-stack, AI-centered platform that automates critical health insurance workflows from approvals to claims and payments. Its rules engine and machine learning components aim to reduce manual errors, limit fraud and abuse, and cut administrative friction between payers and providers. By digitizing previously fragmented processes, the platform targets faster cycle times and greater transparency for all stakeholders.
Market Context and Impact
Health insurance penetration remains low in Egypt and several regional markets, which strains access and affordability. Administrative inefficiencies, inconsistent data standards, and heavy paperwork compound the challenge for insurers and healthcare networks. SehaTech’s approach focuses on the backbone of the system, seeking to make coverage more inclusive, accessible, and financially sustainable.
Founder Vision
The company was founded by Mohamed Elshabrawy, Mostafa Tarek, and Omar Shawky to modernize the rails of medical insurance administration. “Our goal is not only to fix the operational inefficiencies in medical insurance processing but also to expand access to quality health coverage,” said Elshabrawy. He added that the seed round will help build tools that reduce friction between insurers and providers and extend coverage to underserved populations.
Investor Perspective
Lead investor Ingressive Capital framed the bet as both a technology and inclusion thesis. Founder and Managing Partner Maya Horgan Famodu said SehaTech is addressing a deeply entrenched problem at the heart of healthcare delivery, where infrastructure gaps limit quality services. She noted the platform goes beyond automation, positioning it as an enabler of healthcare financial inclusion in markets that need it most.
Competitive Differentiation
SehaTech’s proposition centers on end-to-end automation rather than point solutions, which can leave gaps at handoffs between stakeholders. The company’s rule-based engine, paired with AI, aims to standardize decisions, flag anomalies, and enforce policy logic at scale. This combination is designed to lower loss ratios, improve provider relations, and deliver measurable operational savings for insurers.
Early Traction and Use Cases
Insurers and third-party administrators face persistent cost pressures that create demand for tools with fast payback periods. SehaTech’s platform targets approvals, claims adjudication, and payment reconciliation, which are high-volume and error-prone tasks. Streamlining these steps can reduce processing backlogs, shrink dispute rates, and speed reimbursements to providers.
Expansion Plans
With fresh capital, SehaTech intends to expand its engineering and product teams, strengthen data science functions, and enhance its AI pipelines. The company will prioritize growth in Egypt while preparing for entry into additional MENA markets where similar structural issues exist. Product development will focus on deeper automation, better fraud detection, and richer analytics for payers and providers.
SehaTech’s seed round highlights growing investor appetite for infrastructure plays that upgrade healthcare finance in emerging ecosystems. By attacking administrative bottlenecks with AI and rules automation, the company aims to widen access while improving unit economics for insurers. If execution matches ambition, SehaTech could become a foundational layer for more efficient and inclusive health coverage in Egypt and beyond.