Klaim Raises $26 Million in Funding
Klaim, a Dubai, UAE-based fintech company specializing in healthcare payment acceleration, has secured $10 million in Series A equity funding and an additional $16 million in financing.
The funding round was led by Mad’a Investment, with participation from 212 Founders.
Mad’a Investment is a Riyadh-based private equity and venture capital firm, founded in 2017 as a subsidiary of Abdul Aziz Al Othaim & Sons Holding Company. It focuses on private equity, public equity, real estate, venture capital, and venture building, aiming to support high-growth businesses in Saudi Arabia and the Middle East.
The company plans to strengthen its presence in the UAE, expand into Saudi Arabia and Oman, and refine its technology to provide more efficient financial solutions for healthcare providers.
Founded in 2019 by Karim Dakki and Ghafoor Ahmad, Klaim focuses on transforming healthcare billing and processing by combining an AI-driven claim management SaaS platform with financing under one umbrella. It is designed to help healthcare providers accelerate insurance payments, reduce claim processing delays, and improve cash flow. By leveraging artificial intelligence and data analytics, Klaim predicts payment behaviors and offers funding options to ensure medical providers receive payments faster. The solution is already implemented in hospitals, clinics, and pharmacies across Dubai, with an expanding presence in Saudi Arabia and Oman.
Funding Details
Company: KLAIM, Inc.
Raised: $26.0M
Round: Series A
Funding Date: March 2025
Lead Investor: Mad’a Investment
Additional Investors: 212 Founders
Company Website: https://klaim.com/
Software Category: Healthcare Financial