Klaim Secures $26 Million to Expand Healthcare Payment Solutions

Deal News | Mar 09, 2025 | Zawya

Klaim, a healthcare payment solutions innovator, has raised USD 26 million—comprising USD 10 million in Series A equity and USD 16 million in financing—to enhance its regional presence in the MENA area and transform healthcare finance. Founded in 2019, Klaim uses AI and advanced analytics to expedite medical claim payments, aiming to ease financial strain on healthcare providers. The company is looking to expand from its base in the UAE to Saudi Arabia and Oman, in collaboration with Tharawat Tuwaiq Financial Company, whose USD 16 million fund targets Saudi healthcare. This Series A funding round, led by Mada and CDG Invest, marks a pivotal moment for Klaim, enabling them to extend their groundbreaking solutions and scale operatively across healthcare verticals.

Sectors

Healthcare Technology
Fintech

Geography

United Arab Emirates – Klaim is headquartered in Abu Dhabi and aims to expand its services throughout the UAE.
Saudi Arabia – Klaim is strategically moving into the Saudi market via a fund tailored for the healthcare sector.
Morocco – CDG Invest, a key investor in Klaim's funding round, is based in Morocco and shows interest in facilitating Klaim’s solutions there.

Industry

Healthcare Technology – The article discusses Klaim's technological solutions aimed at transforming the medical payment system, which is integral to the healthcare technology sector.
Fintech – Klaim is identified as a fintech company leveraging AI and data to advance financial processes in healthcare, situating the article within the financial technology industry.

Financials

USD 10 million – The amount raised in Series A equity funding by Klaim.
USD 16 million – Additional financing fund secured to boost Klaim's regional growth.
SAR 60 million (approximately USD 16 million) – Fund launched by Tharawat Tuwaiq Financial Company in Saudi Arabia for healthcare financial solutions.

Participants

Name	Role	Type	Description
Klaim	Target Company	Companies	A fintech company focusing on healthcare payment solutions, headquartered in Abu Dhabi.
Mada	Leading Investor	Companies	A private equity and venture capital firm investing in high-potential businesses, involved in Klaim’s Series A funding.
CDG Invest	Investor	Companies	Part of the Moroccan Deposit and Management Fund, supporting businesses with connections to Morocco.
Tharawat Tuwaiq Financial Company	Business Partner	Companies	A Saudi asset manager involved in Klaim’s expansion in Saudi Arabia.
Karim Dakki	Co-Founder & CEO	People	Co-Founder and CEO of Klaim, leading the company’s strategic and operational visions.
Ghafoor Ahmad	Co-Founder & Global Chief Revenue Officer	People	Klaim's co-founder focusing on expanding the company's solution offerings.
Abdullah Al Othaim	CEO of Mada Investment	People	CEO of the investment firm leading Klaim’s Series A funding round.
Nawfal Fassi Fihri	Managing Director at CDG Invest	People	Managing Director responsible for backing promising ventures via CDG Invest’s 212 Founders program.