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Alma Health

Founded 2020 · 49 employees on LinkedIn · 8 known investors

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Also known as Alma

Founders & leadership

Alma Health was founded in 2020 by Khaldoon Bushnaq.

KB
Khaldoon BushnaqFounder
Trần Đức ThiệnCEO

Investors · 8

Also in the syndicate · 4

e& capitalHambro Perks - Oryx FundleadKnuru CapitalleadPinnacle Capital

Company profile

researched Aug 2026

Alma Health is a digital healthcare company headquartered in Abu Dhabi and established at Abu Dhabi Global Market, focused on people living with chronic conditions such as diabetes, hypertension, high cholesterol and asthma. Through its mobile application, members receive consultations with licensed general practitioners who are employed in-house by the company, rather than contracted externally as is common in telemedicine. The service extends beyond consultations to include lab tests carried out at the patient's home, referrals to specialists, renewable and automatically renewed prescriptions, medication reminders, direct insurance billing, and same-day or free delivery of chronic medications from the company's cloud pharmacies.

The company connects a member's healthcare specialists, insurance providers and Alma Health's own physicians and pharmacists through what it calls the Alma Health Operating System, with the company handling administrative work such as billing insurers and preparing and dispatching medications. Alma Health is licensed by the Department of Health in Abu Dhabi and Dubai, with part-time professionals registered with their local health authorities, and is accredited by insurance networks including Thiqa, Daman, NAS Neuron and Oman Insurance. It has also developed condition-specific management programmes combining virtual consultations across specialities with referrals to physical facilities for services such as radiology and dentistry, and stated plans to build physician and pharmacist platforms to reduce administrative workload.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Estimated GCC residents with at least one chronic condition (market size cited bJan 202120,000,000 people
Monthly user growth rate since launchJan 202140%
People in MENA living with chronic conditions (market context cited by company)Sep 2023120,000,000 people
People in Saudi Arabia living with at least one chronic condition (market contexSep 202315,000,000 people

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Jan 2022
Planned expansion to Saudi Arabia

The company stated it would use new funding to expand into Saudi Arabia, offering digital-first services including virtual consultations with chronic-care physicians, at-home lab tests and free delivery of chronic medications from its cloud pharmacies.

source ↗

Jan 2022
Alma Health raises $10 million Series A

UAE-based Alma Health announced a $10 million Series A round led by Dubai-based Knuru Capital and the London-based MENA-focused Hambro Oryx Fund, with participation from e& capital, S3 Ventures, Pinnacle Capital and Khwarizmi Ventures. Proceeds were earmarked for regional expansion, notably into Saudi Arabia, and for backend technology development.

$10M source ↗

Jan 2021
Early funding from Hambro Perks Oryx Fund and Oman Technology Fund

Following its mid-2020 launch, Alma Health received funding from Hambro Perks - the Oryx Fund, alongside the Oman Technology Fund (Wadi) and angel investors from Saudi Arabia and the UAE.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Alma Health do?
Abu Dhabi-based direct-to-patient digital health platform providing virtual consultations and medication delivery for chronic conditions.
Who founded Alma Health?
Alma Health was founded by Khaldoon Bushnaq in 2020.
Who are Alma Health's investors?
Alma Health's investors include Annex Investments, Joa Capital, Wamda Capital, Salica Investments.