MDaaS Global, a Health Tech Company, Raises $3m to Expand Service Across Nigeria

MDaaS Global, a leading health technology company and the operator of Nigeria’s fastest-growing healthcare network, BeaconHealth Diagnostics, has secured $3 million in a Pre-Series A funding round.

This significant investment will fuel MDaaS Global’s expansion plans and further the reach of its innovative healthcare solutions across Nigeria.

A Catalyst for Growth: The Pre-Series A Funding Round

The funding round was co-led by Aruwa Capital Management, a prominent investment firm focused on high-growth African businesses, and Newtown Partners, a returning investor in MDaaS Global.

Additionally, Ventures Platform, one of MDaaS Global’s earliest backers, participated in the round, demonstrating continued confidence in the company’s vision and potential.

This latest investment brings MDaaS Global’s total funding to date to $6.8 million, solidifying its position as a key player in Nigeria’s burgeoning health-tech landscape.

The company plans to leverage the fresh capital to expand its network of BeaconHealth clinics, enhance its cutting-edge BeaconOS platform, and broaden its service offerings across the nation.

BeaconHealth: A Beacon of Hope for Accessible Diagnostics

MDaaS Global operates BeaconHealth Diagnostics, a network of state-of-the-art healthcare facilities providing high-quality diagnostic services to Nigerians.

Since its inception in 2017, BeaconHealth has experienced remarkable growth, establishing 17 locations across 10 states.

This impressive expansion has enabled BeaconHealth to serve over 275,000 patients and support more than 1,300 healthcare facilities, companies, and health maintenance organizations (HMOs) in their diagnostic needs.

Read More: Nigerian edtech Klas Raises $1M, Set to Expand into India and North America

BeaconOS: The Digital Backbone of a Connected Healthcare Ecosystem

MDaaS Global’s success hinges on its innovative technology platform, BeaconOS.

This comprehensive solution serves as the digital backbone of the company’s healthcare network, similar to an operating system for a computer.

BeaconOS seamlessly connects and optimizes the various facets of MDaaS Global’s operations, including patient management, appointment scheduling, test result delivery, and data analysis.

By leveraging BeaconOS, MDaaS Global ensures efficient operations, streamlined workflows, and enhanced service delivery for both patients and healthcare providers.

The platform plays a crucial role in enabling BeaconHealth to deliver high-quality diagnostic services at an accessible cost throughout Nigeria.

Looking Ahead: Transforming Healthcare Access in Nigeria

MDaaS Global’s commitment to transforming healthcare access in Nigeria remains resolute.

With the support of its investors and the power of its innovative solutions, the company is poised to further expand its reach and empower Nigerians with greater access to quality healthcare services.

The company’s dedication to leveraging technology and building a robust healthcare network positions it as a frontrunner in shaping the future of healthcare delivery in Nigeria.