Klaim Raises $26M to Transform Healthcare Claim Payments in MENA

Klaim Raises $26M to Transform Healthcare Claim Payments in MENA

10 March 2025

Smiling man in a blazer and shirt, posing outdoors with modern buildings in the background.

Karim Dakki of Klaim

UAE-based healthcare payments solutions provider Klaim has secured $10 million in Series A equity funding and an additional $16 million financing fund to drive its regional expansion plans

This investment will support Klaim’s mission to reshape the healthcare financial landscape by speeding up medical insurance claim payments and enhancing cash flow for healthcare providers in the MENA region.

Klaim will use the funding to expand its footprint in the UAE, deploy capital in Saudi Arabia, Oman, and other regions, and continuously refine its technology to better serve healthcare providers.

The first transaction under this initiative is set to take place in March 2025, bolstering Klaim’s commitment to empowering healthcare providers with innovative solutions.

Additional funds are expected to be introduced in the second half (H2) of 2025, reinforcing long-term support for Saudi Arabia’s healthcare ecosystem.

Karim Dakki, Co-Founder and CEO of Klaim, said: “Securing Series A funding is not only a major validation of our vision and business model but also the critical inflection point that enables us to scale rapidly.”

In 2024, Klaim announced a strategic milestone in its expansion into Saudi Arabia through a collaboration with Tharawat Tuwaiq Financial Company, an asset manager and financial advisor licensed by the Saudi Capital Market Authority (CMA).

Source: Mubasher

Author

Lucy, the cute female unicorn of Lucidity Insights, waving and standing in front of a purple background.

Lucy is a young unicorn passionate about responsible business practices, from Sustainability and ESG performance management to deep-dive investigations of the broad socio-political and macro-economic implications of various government and business strategies. Lucy has a knack for research, data analytics, and understanding the implications of new and disruptive technologies. Prior to becoming a tech news reporter, Lucy spent a few years working for the United Nations, researching and evaluating the socio-economic impact of various programs and the adoption of technological innovations. Lucy studied integrated engineering, and worked on converting her fuel-powered car into an electric vehicle as her final project for graduation. Lucy can still be seen driving her zero-emissions vehicle in and around Dubai, where she grew up. Lucy speaks English and Arabic, and completed her studies in Canada, where she also minored in magic powered technological solutions. Lucy specializes in sustainable development, climate tech, ESG, social impact startups, venture capital, macroeconomics and geopolitics.

Subscribe To Our Newsletter

Stay up to date with the latest news, special reports, videos, infobytes, and features on the region's most notable entrepreneurial ecosystems