Rology enters Saudi health market: Cairo-based teleradiology startup Rology has acquired Saudi teleradiology provider Arkan United, it said in a press release (pdf) yesterday. The agreement will give Rology and its AI-assisted platform a foothold in the “key” Saudi market, which suffers from a lack of high-quality, private-sector radiology services, it said. The company did not specify the size of the transaction or how much of Arkan it acquired.

About Rology: Founded in 2017, Rology is a teleradiology platform that connects healthcare providers and hospitals with radiologists, matching them with cases based on expertise and availability. The platform automatically matches scans with the relevant radiologist, enabling diagnosis within 24 hours of the scan, which under normal circumstances could take up to three weeks. It was among our healthtech startups to watch in 2021.

What they said: “By combining Rology’s cutting-edge technology and network with Arkan’s established expertise, we’re poised to revolutionize the field of teleradiology and improve patient care in unprecedented ways,” Rology’s CEO Abodriaa said. “Rology has the right people and the right disruptive solution that the Saudi healthcare system truly needs. I am proud of what Arkan has done for the healthcare landscape in the kingdom, and I am eager to see Rology take it one step further,” Arkan CEO Baeshen added.

Rology has completed two funding rounds in the past three years, raising USD 860k in a pre-series A round in 2020 and an unspecified amount of pre-series A funding led by Egypt Ventures round last April.

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