What is MDaaS?
Founded in 2017 and headquartered in Lagos, Nigeria, MDaaS Global operates a sophisticated network of tech-enabled diagnostic and primary care facilities. The company addresses the systemic challenges of healthcare accessibility by integrating physical diagnostic centers with virtual care platforms. By focusing on the next billion users, MDaaS Global is transforming the diagnostic landscape, ensuring that high-quality, affordable medical services are no longer a luxury but a standard for geographically challenged communities. Their model represents a scalable solution to the chronic under-investment in African medical infrastructure.
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 drive economic growth and gender equality through strategic financial support.
Newton Advisory Partners
Newton Advisory Partners provides strategic, financial, and operational solutions to growth-stage and established mid-market companies, specializing in capital raising and M&A execution.
What's next for MDaaS?
With this major enterprise-level funding, MDaaS Global is poised to scale its operations significantly. The strategic roadmap likely involves the deployment of additional diagnostic hubs and the enhancement of its proprietary technology stack to improve patient outcomes. By leveraging this capital, the company aims to solidify its market dominance in Nigeria while potentially exploring cross-border expansion. The focus remains on operational efficiency and the integration of primary care services, ensuring that the company remains the primary partner for healthcare providers and patients alike in the region.
See full MDaaS company page
