What is MDaaS?
Founded in 2017 and headquartered in Lagos, Nigeria, MDaaS Global is a healthtech innovator dedicated to establishing a network of modern, tech-enabled diagnostic centers. The company's core mission is to enhance access to essential diagnostic services, particularly for underserved and geographically challenged communities across Nigeria. By developing both physical and virtual healthcare facilities, MDaaS aims to deliver convenient, high-quality, and affordable healthcare solutions to a rapidly growing population on the continent.
How much funding has MDaaS raised?
MDaaS has raised a total of $3M across 1 funding round:
Other Financing Round
$3M
Other Financing Round (2024): $3M with participation from Aruwa Capital Management and Newton Advisory Partners
Key Investors in MDaaS
Aruwa Capital Management
Aruwa Capital Management is an investment firm focused on providing capital to women-led businesses in Africa, aiming to empower female entrepreneurs through financial support and strategic guidance.
Newton Advisory Partners
Newton Advisory Partners Pty Ltd operates within the Information & Document Management industry, providing advisory services. Their involvement suggests a strategic partnership or financial backing for operational efficiency.
What's next for MDaaS?
With this substantial strategic investment, MDaaS is poised for accelerated growth and expansion. The company's focus on building a robust network of diagnostic and primary care facilities suggests a strategic push to scale its operations, enhance technological capabilities, and potentially broaden its service offerings. This financing round is indicative of MDaaS's advanced stage of development, likely moving beyond initial seed funding into a growth or expansion phase, enabling it to further its mission of revolutionizing healthcare accessibility in Africa.
See full MDaaS company page
