Tech Company Financing Transactions
MDI Health Funding Round
MDI Health, operating out of Tel Aviv, secured $20 million in funding from Intel Capital, Arc Impact and Basad Ventures.
Transaction Overview
Company Name
Announced On
2/14/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to meet rising customer demand and scale its U.S. and Israeli R&D teams to drive product development.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
Undisclosed
Tel Aviv, Undisclosed
IL
Tel Aviv, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
MDI knows clinicians work tirelessly to ensure the health of chronic polypharmacy patients and at-risk populations. With more and more patients to serve and a system that can't scale while retaining its accuracy, the mission to deliver exceptional care has its limitations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Avishai Tovim
Chief Operating Officer
Brad Margolis
Co-Founder
Yuval Kalev
Co-Founder
Dorit Nahlieli
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Our team works diligently to document every notable VC transaction. All VC database entries reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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