Backed by Giants, Built for the Future
The Series B round was led by TVM Healthcare Afiyah Fund, joined by heavy-hitting co-investors including Olayan Financing Company, Saudi Arabia Economic Development and Holding Company, ANB Capital, and SVC. The capital will be used to build new inpatient facilities and expand outpatient rehabilitation clinics, meeting the growing needs of an aging population and rising chronic illness rates.
“We’re proud to report on this significant financing round, backed by major Saudi institutions and families,” said TVM Capital Healthcare Chairman & CEO Helmut Schuehsler. “Since 2010, we’ve built a proven track record of scaling and exiting high-quality healthcare businesses across the Kingdom.”
Strategic Growth Meets Systemic Demand
With Saudi Arabia’s Vision 2030 reform plan emphasizing private sector healthcare participation, Baraya’s timing couldn’t be more aligned. As chronic conditions rise and specialized post-acute care demand escalates, Baraya’s tech-integrated, high-capacity care facilities aim to fill a dangerous void in the current system.
The company emphasized that this latest capital raise comes at a “critical moment” for the Kingdom’s healthcare ecosystem — positioning Baraya as a first-mover in a field long overshadowed by acute and primary care services.
