mDaaS Global: Story, Founders, Investors & Funding Rounds
MDaaS Global runs diagnostic centers that are made possible by technology in places where healthcare is hard to find.
MDaaS Global helps people with limited financial resources find diagnostic services that are up-to-date, easy to use, and affordable. This makes it easier for people to find health problems early, get the right care, and live healthier, more fulfilling lives.
It also runs a full-service medical equipment company so that clinically disadvantaged people can get access to diagnostic tools and services.
Their goal is to improve the health and well-being of people who don’t have a lot of money by putting them in touch with affordable, high-quality diagnostic services.
Some of the things they do are imaging (digital x-ray, ultrasound, and mammography), cardiology (electrocardiogram and echocardiogram), and laboratory services (chemistry analysis, immunoassay, and hematology).
Additionally, they work with more than 50 health institutions that send patients to them. This makes their main facility in Ibadan, Nigeria, the main diagnostic center for the whole area.
MDaaS Global’s goal is to build the continent’s largest network of physical and virtual diagnostic and primary care facilities to help the next billion people who will call Africa home get access to high-quality, affordable health care.
How it Works
When it comes to health care, the company wants to make it easier and cheaper for people in Africa to get the care they need.
People with all kinds of incomes would be able to identify health problems early, see experts when they need to, and get the care they need to get well and stay well if advanced diagnostics were easier to get and cheaper.
BeaconHealth Diagnostics serves more than 40,000 patients a year in five states, and on average, patients are happy with their imaging, cardiology, pathology, and health monitoring services.
There is now a digital and physical platform for managing one’s health that allows for more personalized, constant, and preventative care.
In Africa, the most common reasons people die are changing from contagious diseases like HIV and malaria to chronic diseases like cancer, heart disease, and diabetes. But the current health care systems aren’t very good at meeting the changing needs of their patients.
SentinelX uses both traditional clinics and mobile technologies to help people in Nigeria track their health over time, get easy access to primary care in person or online, and figure out how to use the country’s complicated healthcare system.
MDaaS was started by Oluwasoga Oni, who is also the CEO of the company.
He is an entrepreneur and a fellow in the MIT System Design and Management (SDM) program.
He used to work at EMC as a software engineer II before he quit.
Oluwasoga attended MIT and received a degree from the institution.
Genevieve Barnard Oni
Genevieve Barnard is the Chief Financial Officer and Co-Founder of MDaaS.
She used to work as an assistant director at the Kletjian Foundation.
Genevieve went to the Massachusetts Institute of Technology’s Sloan School of Management and got an MBA there.
Joe McCord is the Supply Chain Manager and one of the co-founders of MDaaS Global.
He has worked in the field of supply chain management for ten years. During that time, he has done everything from analytics-driven operations research for corporate B2B and online retail delivery systems to research and consulting with a focus on the supply chain management of public health in developing countries.
He worked in the Middle East, West, East, and Southern Africa, and Eastern Africa to improve the public health supply chain by looking at how it worked now and coming up with ways to make it work better.
He also gave guides, briefings, and training to help the public health sector learn more about commercial supply chain concepts like costing, risk management, segmentation, integration, process maturity, and vendor-managed inventory.
At a big logistics company, he looked at a lot of financial data to find problems and write down what he found.
Joe got his bachelor’s degree in Supply Chain Management from the University of Maryland. He then went to MIT and got his master’s degree in the same field.
Opeyemi Ologun is one of the co-founders of MDaaS.
He received a Bachelor of Science in Information and Communication Engineering from Covenant University.
Investors & Funding Rounds
Consonance Investment Managers
MDaaS Global has gotten $1,055,496 from as many as 12 investors.
mDaaS has also raised $100,000 from Ventures Platform.
With this money, MDaaS will be able to keep doing what it does best: giving hospitals access to the latest medical technology and the service support they need to keep it running smoothly.
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P3 Health Partners: This is a healthcare organization that puts patients first, uses a physician-led model of management, and puts the health of the whole community first.
Spry Health: It gives health insurance companies access to real-time information about how to take care of patients with chronic conditions.
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