Nigeria’s MDaaS Global Raises $1 Million in Equity Funding

Nigeria’s MDaaS Global Raises $1 Million in Equity Funding

Nigeria’s MDaaS Global raises $1 million in equity funding, reports Ventureburn. The company, a healthtech, builds network of diagnostic and primary care facilities to provide convenient, high-quality, and affordable healthcare. It works under the brand name BeaconHealth, through which it builds and operates tech-enabled diagnostic centers in clinically-underserved communities, starting in Nigeria. The diagnostic centers offer radiology, cardiology, and lab services and are located in the neighborhoods where the patients live, emphasizing patient experience above all else.

MDaaS Global, a Lagos-based medtech startup that builds and operates diagnostic centres in Nigeria, has raised just over $1-million in equity funding, reveals a US Securities and Exchange Commission filling made yesterday (1 April).

The filling states that up to 12 investors were involved in the round which commenced on 15 March. According to the filling the total offering amount was $1 580 062, while the amount sold was $1 055 496, with $524 566 remaining to be sold.

It is not clear if the startup still intends to raise the remaining amount of $524 566.

MDaaS Global was founded in 2016 by CEO Oluwasoga Oni, CFO Genevieve Barnard Oni, supply chain manager Joe McCord and Nigeria country manager Opeyemi Ologun.


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