Behind the Deal: Our Investment into Oasys

Layss Majed, Angel Investment Lead at Viaka

June 2025

Last month marked a major milestone for Viaka: we made our first investment through the Viaka Angel Network, which enables us to invest directly in high-potential startups. The Angel Network sits under Viaka Capital, our umbrella for all things capital access — including strategic investor partnerships and curated demo days. This investment into Hashem and the Oasys team is the first of many. To understand why this moment matters — and why Oasys is the perfect first bet — it’s worth going back to where it all began.

From Community to Capital

Viaka began as a community platform — a space for high-performing founders, investors, and operators with ties to the MENA region to connect and grow. Through virtual events, in-person meetups, demo days, and curated intros, our goal was always to help members thrive — personally and professionally.

Founders were at the heart of this. We consistently looked for ways to support them — whether through investor intros, hiring help, expert advice, or customer leads. Over time, we watched incredible stories unfold. One of our early members, Nader from Brev Dev, had his startup acquired by NVIDIA. Dozens more went on to build, raise, and scale across markets.

The idea of investing in these founders was always there — of backing them not just with community, but with capital. This year, we made it real.

The Viaka Angel Network is a group of nearly 40 world-class operators and investors, most of whom have been with us since day one. It’s a natural evolution of our mission: to back MENA-aligned talent with conviction and skin in the game. Since launching in January, we’ve seen some incredible deals come through – but one team stood out from the rest: Hashem and the Oasys team. They became the first bet we decided to make, and we couldn’t be prouder.

A Viaka Connection

We met Hashem Abdou, CEO of Oasys, through Hossam Shafick, Principal at Silicon Badia and a long-time Viaka supporter. This introduction was a great example of how our community connects top talent and fosters powerful opportunities. After spending time with Hashem and digging into the Oasys vision, it was clear this was a company we wanted to back.

The Problem

Despite growing demand, mental healthcare delivery today remains reactive, fragmented, and disconnected from the broader context of a patient’s life. Therapists are limited to what they can learn in a 45-minute weekly session and are often buried in administrative work — from documentation to scheduling — while trying to keep up with a rising caseload.

The Solution

Oasys empowers mental health practitioners by integrating real-time patient data from wearables into a unified practice management platform. This integration enhances therapy accuracy, offers deeper insights, and enables more personalized treatment by giving clinicians continuous, actionable data on their patients’ well-being.

In the near term, Oasys differentiates itself by offering a comprehensive PMS that combines several key features: remote patient monitoring through wearable data, automated session prep, AI-powered scribe, secure video conferencing, and more. The platform also streamlines administrative tasks like booking and financial management, while enabling practitioners to maximize reimbursements through additional CPT codes.

Looking ahead, Oasys’ long-term vision is to power a more proactive and personalized approach to mental health. By gradually layering in additional health signals from passive biometric data to clinical patterns, the platform aims to move beyond episodic care and toward continuous, context-aware support. This kind of insight-driven system has the potential to enable earlier diagnoses, more tailored interventions, and more effective outcomes at scale. Over time, we believe Oasys can help redefine the standard of care, shifting mental healthcare from reactive treatment to predictive and preventive models.

Why We Backed Oasys

The mental health market is experiencing significant tailwinds, with increasing demand for services and a shift toward data-driven, preventative care. As wearables and digital health tools continue to grow, integrating biomarker data with mental health treatment is becoming more valuable, backed by strong medical research. Additionally, opportunities to expand into adjacent fields like nutrition and wellness provide a broader growth potential.

But what really sets Oasys apart is the team. Oasys consists of Hashem Abdou (CEO), Raffay Rana (CTO), and Dawit Fasika (COO) — a trio of high-caliber founders with complementary skill sets. Hashem brings a background in biomedical engineering and computer science from Harvard, with prior experience building and scaling health tech and fintech ventures. Raffay is a seasoned software engineer with deep technical expertise in AI, infrastructure, and system design, and has been instrumental in shaping the platform’s architecture. Dawit, who studied Applied Math at Harvard, leads operations and product, bringing a systems-thinking approach to growth and execution.

Young, hungry, and driven by a clear vision to revolutionize mental healthcare, they’ve quickly demonstrated their ability to execute. They’ve already shown remarkable progress, launching publicly in February 2025 and onboarding their first paying clinic shortly after. Their execution, responsiveness to customer feedback, and relentless drive give us confidence in their long-term success. 

Their efforts are also strongly validated by a significant endorsement from 1984.vc, with Ramy Adeeb – a serial founder, VC, and friend of Viaka –backing the venture.

With a combination of a high-caliber team, a compelling product vision, and strong market dynamics, we believe Oasys is uniquely positioned to build a category-defining company in data-driven mental healthcare. We’re excited to be part of this journey and to play a small but meaningful role in supporting their success.

To Founders and Investors: Let’s Build This Together

This is just the start, and we’re excited to kick off what we hope will be the first of many impactful investments. At Viaka Capital, we’re committed to supporting bold MENA-aligned founders, and we’re eager to collaborate with like-minded angels who share that vision. If you're building something ambitious or looking to back visionary founders, let’s connect. And if you happen to know a therapist who might be interested in partnering with or learning more about Oasys, we’d love an intro—feel free to reach out.

📩 hello@viaka.net

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