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Egyptian MOT startup SoTech secures $1M in financing for expansion plans

Launched in March 2020 at the kick-off of the pandemic in Egypt, SoTech currently develops digital transformation systems and software that help medical staff to better manage clinics

By: Business Today Egypt

Mon, Dec. 6, 2021

With the aim of digitally transforming the way industries manage and coordinate systems, Egyptian management of technology (MOT) startup SoTech recently secured $1 million from foreign investors to fund its expansion and development plans.

Launched in March 2020 at the kick-off of the pandemic in Egypt, SoTech currently develops digital transformation systems and software that help medical staff to better manage clinics, improve clinic efficiency, and streamline clinic operations through artificial intelligence, enabling staff and business owners to receive accurate data that informs them of the businesses’ progress and how to better upgrade their services.

“Our goal is to create a giant database for the health sector in Egypt, which can be employed in the future to serve any national project that would limit the spread of the Coronavirus or protect against any other possible epidemic,” explained SoTech CEO, Omar Al-Metwally in a statement, adding that they aim to create a safeguard against any potential future pandemic using the power of data analytics and networking.

The company kicked off its first phase by launching in the medical sector through a special package of applications to manage clinics in terms of organizational and financial aspects, as well as providing a graphic grid system that displays users’ order and session time with doctors while also launching a doctor dedicated version of the applications.

Through the applications, data is made available to doctors and business owners such as monthly returns, appointments and visitors, examination types, and other information that can be used to improve operations and overhead. Additionally, SoTech launched a program that integrated the Internet of Things (IoT) technology and outdoor advertising platforms that enabled businesses owners to better organize their clinic.

“We are working on developing Egypt’s health sector through digital transformation because we believe in its importance, but also understand its weaknesses, hence the company’s decision to start with the health sector,” said Al-Metwally.

During its pilot phase, SoTech was able to reach more than 200 clinics in the Greater Cairo area, and aims to use the new financing to fund its expansion plans to reach other governorates starting next year.

SoTech’s services and applications are not limited to the medical and health sector, with the company working on several industries including the hotel sector. According to a statement, the company was able to contract with significant developers of hotel services in the Gulf to provide its technological services in hotels within Saudi Arabia, especially in Makkah and Madinah. The company also aims to expand the hotel sector, starting from 2022.