Metafare Raises $1M Seed

Metafare, a Saudi Arabia-based healthtech company that builds digital health experiences powered by VR and AI, has raised $1 million in its first funding round.

Investors

Harmonics Ventures and a group of family offices participated in this funding round.

Metafare Use of Funds

The company plans to use the capital to support product development, enhance AI personalisation technologies, grow its health content library, and expand across Saudi Arabia with plans to gradually enter wider Gulf markets.

About Metafare

Founded in 2025 by Ibrahim Almaghlouth, Metafare aims to rethink how healthcare is delivered. The company combines virtual reality and artificial intelligence to offer interactive, remote health experiences focused on improving both physical fitness and mental wellbeing, eliminating the need for traditional clinic visits.

Funding Details

Company: Metafare
Raised: $1M
Round: Seed
Funding Date: May 5, 2026
Lead Investor: Harmonics Ventures, family offices
Software Category: Digital Health
Company Website: https://metafare.sa
Source: http://wamda.com/2026/05/metafare-secures-1-million-scale-virtual-wellness-solutions