The round included participation from leading strategic and institutional investors, including the TVM Healthcare Afiyah Fund, Olayan Financing Company, SEDCO Holding, ANB Capital, and the Saudi Venture Capital Company (SVC).
The funding will enable Baraya to expand its extended care and rehabilitation services by developing specialized medical facilities, including its first 216-bed long-term care hospital, scheduled to open in early 2026, and strengthening its existing outpatient clinics in Riyadh and Jeddah, which already deliver over 9,000 therapy sessions per month.
This investment comes at a time when the Kingdom is facing growing healthcare challenges driven by an aging population and rising chronic disease rates, leading to increasing demand for long-term care services. According to the Saudi Ministry of Health, 14% of acute care hospital beds are occupied by patients requiring long-term care, with the figure rising to 19% in Jeddah and 17% in Riyadh.
Founded in 2023 by TVM Capital Healthcare, Baraya is among the first companies in Saudi Arabia to specialize in this field. Its business model focuses on combining international standards with localized care, backed by advanced operational expertise and a strong investment track record from TVM Capital Healthcare, which has previously invested in ProVita and Cambridge Medical & Rehabilitation Center (CMRC).
This funding strengthens Baraya’s position as a leader in delivering sustainable post-acute healthcare solutions, equipping the company to expand not only across Saudi Arabia but also in other regions facing similar demographic and healthcare challenges, such as Southeast Asia.
Jad Halabi, CEO of Baraya Health, stated:
“We are committed to providing high-quality extended and rehabilitation care, leveraging the support and deep expertise of TVM Capital Healthcare to enhance patients’ quality of life across the Kingdom.”
Dr. Helmut Schuehsler, Chairman and CEO of TVM Capital Healthcare, added:
“This round reflects our ongoing strategy to build leading healthcare companies in Saudi Arabia in alignment with the goals of Vision 2030.”
Orhan Osmansoy, Managing Partner at TVM Capital Healthcare, commented:
“With this funding, Baraya continues to build a scalable platform that addresses urgent national healthcare needs while paving the way for regional growth in similarly challenged markets.”
