Egyptian healthtech startup Rology has closed a new growth round with participation from the Philips Foundation, Johnson & Johnson Impact Ventures, Sanofi Global Health Unit’s Impact Fund, and MIT Solve Innovation Future, bringing new international backing to its AI-assisted teleradiology platform.
Founded in 2017 by Amr Abodraiaa, Moaaz Hossam, Mahmoud Eldefrawy and Bassam Khallaf, Rology offers a cloud-based system that matches hospitals with remote radiologists, addressing the global shortage of specialists. Its platform launches with zero setup cost and allows radiologists to work from anywhere with only a laptop and internet connection.
Rology previously raised a pre-Series A round in April 2022 before expanding into Saudi Arabia through its 2023 acquisition of Arkan United, followed by entry into Kenya. The company says the new funding will help accelerate growth across MEA, deepen its position in the Kingdom and increase access to AI-enabled diagnostics in low- and middle-income markets.
“This round brings together mission-aligned leaders across industry, research, and impact investing to advance AI reporting and expand access to high-quality radiology across MEA,” CEO Abodraiaa said.
Rology has delivered more than 1.3 million radiology reports across 300 hospitals in 13 countries, serving both private and public health institutions, including fragile and underserved regions. The company claims its FDA 510(k)-cleared teleradiology system offers 99.89 percent clinical accuracy and up to 25 percent cost savings for hospitals.
The Philips Foundation, a follow-on investor, said it is backing Rology for its ability to close diagnostic gaps in regions with limited radiology capacity. “This investment reflects our belief in human-centreed technology that gives clinicians time back and makes advanced diagnostics available where they are needed most,” said Eddine Sarroukh, head of the foundation.
