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UDENZ raises $100,000 bridge round

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UDENZ raises $100,000 bridge round

Dubai-based dental app UDENZ has raised a $100,000 bridge round, led by Global Ventures UAE and several angel investors. The company previously raised $201,000 via crowdfunding.

Founded in 2016 by Hisham Safadi, UDENZ is a mobile-based platform that connects dentists to dental patients. The app has lately introduced dentist-patient online audio/video consultations and EazeTx Technology, one of the fastest growing online consultation tech providers in the UAE Market.

Additionally, the startup began a pilot test for dental treatment installment plans via its new service UDENZPAY - which allows patients to pay in installments for their dental treatments. The pilot cases succeeded in onboarding 10 dentists within the UAE that offer installment plans for patients referred through UDENZ. 

The company intends to use funds to promote its new services in UAE, KSA, and Oman.

"UDENZ business performance perspective has witnessed an increase thanks to the recent sudden increase in demand in the online health consultation services in the wake of the Covid-19 pandemic, which has led to a permanent shift in patient behaviors and attitudes. After the Covid-19 pandemic, it is expected that many dentists in the Arab Gulf region will record an increase in online oral health consultations between 20 and 30 percent,” said Fatema Ravat, general manager of UDENZ.

 

 

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