MDaaS Global, a Nigerian health tech company, has secured $3 million in pre-Series A funding. The investment was led by Aruwa Capital and Newton Partners, with follow-on capital from Ventures Platform, bringing the total investment to $6.8 million.
Key Takeaway
MDaaS Global has secured $3 million in funding to expand its healthcare network and improve access to diagnostics and preventive care in Nigeria.
Expanding Healthcare Network
The funding will be used to launch BeaconOS, a proprietary technology platform, and expand the healthcare network to cover all Nigerian states through a combination of company-owned and affiliate clinics.
Challenges in Healthcare Access
Access to healthcare in Nigeria and across Africa remains a significant challenge, with a focus on treating diseases rather than prevention. MDaaS aims to improve access to diagnostics and preventive care to address this healthcare challenge.
Significant Growth
MDaaS has significantly expanded its operations, currently operating 17 diagnostic centers across 10 states and planning to construct an additional 23 centers in the coming years.