Season 3, episode 16
Health Tag
هيلث تاج
Health Tag is an Egyptian app that works as a marketplace for discounted healthcare services, with more than 3,500 providers and over 520,000 users.
The founders asked
20M EGP
for 15% · valuation 133.3M EGP
The deal
20M EGP
Ahmed Tarek Khalil and Mohamed FaroukEquity: 60%
In short: Health Tag pitched in Season 3, episode 16. The founders asked for 20M EGP for 15%, valuing the company at 133.3M EGP. They walked away with a deal with Ahmed Tarek Khalil and Mohamed Farouk: 20M EGP for 60%.
Overview
Health Tag is an Egyptian app that works as a marketplace for discounted healthcare services, with more than 3,500 providers and over 520,000 users. Founder Andrew Saad asked the sharks for EGP 20 million for 15% of the company. On the show it closed a deal with Ahmed Tarek Khalil and Mohamed Farouk for EGP 20 million for 60%.
Team and investors
After the show
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Frequently asked questions
What is Health Tag?
Health Tag is an Egyptian app that works as a marketplace for discounted healthcare services, with more than 3,500 providers and over 520,000 users. Founder Andrew Saad asked the sharks for EGP 20 million for 15% of the company. On the show it closed a deal with Ahmed Tarek Khalil and Mohamed Farouk for EGP 20 million for 60%.
Who founded Health Tag?
Health Tag was founded by Andrew Saad, who pitched it on Shark Tank Egypt.
When did Health Tag appear on Shark Tank Egypt?
In Season 3, episode 16 (2024-2025).
How much did Health Tag ask for on Shark Tank Egypt?
20M EGP for 15%, valuing the company at 133.3M EGP.
Did Health Tag get a deal on Shark Tank Egypt?
Yes, with Ahmed Tarek Khalil and Mohamed Farouk: 20M EGP for 60%.
More questions (7)
Which shark invested in Health Tag?
Ahmed Tarek Khalil and Mohamed Farouk.
What is Health Tag's valuation on Shark Tank Egypt?
The final deal valued Health Tag at 33.3M EGP, against 133.3M EGP in the founders' ask.
How much equity did Health Tag give up on Shark Tank Egypt?
60%, against the 15% offered in the pitch.
Did Health Tag get what it asked for on Shark Tank Egypt?
It asked for 20M EGP for 15% and closed at 20M EGP for 60%, so the valuation went from 133.3M EGP to 33.3M EGP.
Which episode of Shark Tank Egypt was Health Tag in?
Season 3, episode 16. Also in that episode: Hoods and Cleo Foods. Details →
Which sharks did Health Tag pitch to?
The Season 3 panel: Ahmed El Sewedy, Mohamed Farouk, Mohamed Ismail Mansour, Abdallah Sallam, Ayman Abbas, Dina Ghabbour, Ahmed Tarek Khalil, Yasseen Mansour, Mona Ataya and Noor Sweid.
What sector is Health Tag in?
Health. 12 other Health startups pitched on the show. Details →
Rating & comments
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