HealTec

Saudi Arabia Founded: 2020 • Age: 6 yrs
Prosthetics and medical devices for rehabilitation patients are manufactured.
Annual revenue - Latest available
Total funding $1.2M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About HealTec

HealTec is a company based in Saudi Arabia founded in 2020 by Hashim Alzain and Ayman Noori. HealTec has raised $1.2 million across 1 funding round from investors including Nour Nouf Ventures. HealTec offers products and services including Orthotics Solutions, Prosthetics Solutions, Scoliosis Back Braces, and Foot Orthotics. HealTec operates in a competitive market with competitors including Epica International, Kinova, Esper Bionics, vBionic and Swiss Motion Technologies, among others.

  • Headquarter Saudi Arabia
  • Founders Hashim Alzain, Ayman Noori
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.2 M (USD), Seed

    Nov 21, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of HealTec

HealTec offers a comprehensive portfolio of products and services, including Orthotics Solutions, Prosthetics Solutions, Scoliosis Back Braces, and Foot Orthotics.

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Primary

Custom devices for body support and correction of conditions.

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Kits for limb replacement to enhance user mobility.

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Supportive braces for spinal alignment and posture improvement.

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Custom inserts to alleviate foot pain and improve stability.

Funding Insights of HealTec

HealTec has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in HealTec

HealTec has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nour Nouf Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Nour Nouf Ventures is focused on impact venture capital investments.
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Investor details for HealTec

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Investments & Acquisitions by HealTec

Investments
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Investment portfolio details for HealTec

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Financial Statements - HealTec

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Healtec Comparisons

HealTec Primary company
Description
Prosthetics and medical devices for rehabilitation patients ...
Location
Saudi Arabia
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for HealTec

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Competitors of HealTec

HealTec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Epica International, Kinova, Esper Bionics, vBionic and Swiss Motion Technologies, among others.

Company Name Domain Founded year HQ Location Description
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Provider of robotic CT platforms for healthcare and industrial applications
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Robotic arms are developed for personal assistance and research.
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AI-based orthopaedic prosthetics and neurology products are provided.
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Provider of personalized 3D printed shin pads and cosmetic prostheses
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Orthopedic silicone solutions are developed for prosthetics and orthotics.
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Medical devices for motor-impaired users are provided by ORTHOPUS.
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Detailed competitors of HealTec

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Latest news on Healtec

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Frequently Asked Questions about HealTec

HealTec was founded in 2020 and raised its 1st funding round 1 year after it was founded.

HealTec is headquartered in Saudi Arabia.

HealTec is a funded company, having raised a total of $1.2M across 1 funding round to date.

HealTec was founded in 2020 in Saudi Arabia. Manufacturing of medical rehabilitation products is conducted by the company, with emphasis on prosthetics and devices for amputees and rehabilitation patients. Operations are based in the healthcare sector, where essential equipment is produced to support patient recovery. The focus remains on practical medical solutions within the regional market.

HealTec's top competitors include Epica International, Kinova and ORTHOPUS.

HealTec offers Orthotics Solutions, Prosthetics Solutions, Scoliosis Back Braces, and Foot Orthotics.

HealTec has 1 investor. Key investors include Nour Nouf Ventures.

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