What is MDaaS?
Founded in 2017 and headquartered in Lagos, MDaaS Global operates as a transformative healthtech entity dedicated to building a comprehensive network of modern diagnostic and primary care facilities. The company addresses critical inefficiencies in the African healthcare sector by integrating physical diagnostic centers with virtual care capabilities. By focusing on geographically challenged communities, MDaaS Global is effectively democratizing access to high-quality medical services, positioning itself as a cornerstone of the continent's evolving healthcare ecosystem. Their model emphasizes affordability and convenience, ensuring that diagnostic services are not a luxury but a standard component of primary care for the next billion users.
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 is a specialized firm operating within the information and document management sector, providing strategic advisory services to support organizational growth.
What's next for MDaaS?
With this major enterprise-level funding, MDaaS Global is poised to scale its operational footprint significantly. The strategic deployment of this capital will likely focus on expanding the density of its diagnostic network, enhancing its proprietary technology stack, and deepening its penetration into secondary and tertiary markets. As the company matures, the focus will shift toward optimizing patient outcomes through data-driven diagnostics and strengthening partnerships with local healthcare providers. This growth trajectory suggests a long-term commitment to establishing the largest diagnostic and primary care network in Africa, ultimately driving systemic improvements in regional health outcomes and economic productivity.
See full MDaaS company page
