Ventures Platform backs healthtech startup MDaaS with $100k investment – Ventureburn

Nigerian venture capital (VC) firm Ventures Platform has invested $100 000 into Lagos-based healthtech startup MDaaSб═Global.

Ventures Platform founder and CEO Kola Aina announcedб═the investment on Tuesday (4 September) in a post on Medium.

MDaaS Global was founded in 2016 by CEOб═Oluwasoga Oni, CFOб═Genevieve Barnard Oni, supply chain manager Joe McCord and Nigeria country managerб═Opeyemi Ologun.

The healthtech startup wants to build Africa’s largest network of low-cost private medical diagnostic and primary care facilities.

Inб═the Mediumб═post, Aina said MDaaS Global’s first centre — which the startup built in Ibadan, Nigeria — had broken even after five months, in addition to growing revenue by 500% since January.

“In the past four months, we have only gotten more convinced that Soga, Genevieve, Joe, and Opeyemi will succeed and we share their commitment to building a future where African consumers have access to better healthcare, no matter their income level,” saidб═Aina.

We are incredibly excited to share that we are now part of the @vplatformhub family! Thank you to the entire Ventures Platform team for believing in our big vision to build modern, tech-enabled healthcare for Africa’s next billion. https://t.co/B8jR5uPg3F

Б─■ MDaaS Global (@mdaasglobal) September 4, 2018

In June, the startup was one of three MIT-incubated ventures selected to join the first cohort of new impact accelerator Techstars Impact. Earlier this year, MDaaS Global was also accepted into Havard Innovation Labs Venture Incubation Programme.