Dubai’s online dental platform, UDENZ on 3 September raised $100K from Global Ventures UAE and several angel investors. The bridge round was for $100K USD. The company is planning to deploy the funds to promote and market the new services offered by UDENZ for dentists and patients in UAE, KSA, and Oman.
Founded in 2016 by Dr. Hisham Safadi, UDENZ says that despite the difficulties during COVID-19 crisis, the company has managed to survive and grow. During the period, the company launched several avenues such as dentist-patient online/video consultations using EazeTx Technology, which is one of the fastest-growing online consultation tech providers in the UAE. The company in early May also began a pilot test for dental treatment installment plans via its new service UDENZPAY. This service offers an online payment solution that allowed 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.
General Manager of UDENZ, Dr. Fatema Ravat commented,
“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.”