Los Angeles, California, United States
MDI Health is a Tel Aviv-based health technology company founded in 2019 that has built an AI-powered platform to optimize medication treatments for health payers and providers, including large health systems and health insurance companies. The company targets what it describes as the fourth leading cause of death in the United States: problems stemming from medications. Its software analyzes patient medication regimens, identifies risks such as dangerous drug interactions, and recommends clinical interventions to reduce adverse outcomes. As of late 2021, MDI Health had approximately six enterprise customers, each representing contract value potential in the millions of dollars, with one health system customer operating roughly 90 hospitals. The company closed an $8 million seed round around the end of 2020 and carried a team of 25 employees. Revenue figures were not disclosed publicly by the company. MDI Health was planning to raise a Series A within 12 months of the interview, citing strong inbound interest from funds and a pipeline that, according to Ariel Efergan, the company's Global Vice President of Growth, exceeded its current capacity to serve.
- Revenue
- $23.5M
- Customers
- 6
- Year founded
- 2019
- Funding
- $8M
- Team size
- 60