MDGo

Real-time Trauma Analysis System for Vehicles

Automotive & Mobility Technologies
Non Active, May 2024
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Company Overview

Snapshot

Founded in November 2017 by Itay Bengad and Gilad Avrashi, MDGo operates with 11–50 employees. The company has raised $17 million across two funding rounds from nine investors. In July 2019, Volvo backed MDGo, signaling strong industry interest in its in-car injury detection technology.

Business overview

MDGo provides an Accident Detection & Response (ADR) solution that uses crash sensors to automatically transmit detailed accident information to first responders and generate in-depth, objective damage reports for insurers immediately after an impact. This technology aims to facilitate rapid medical attention for policyholders and offers insurers enhanced control over the claims process, with the goal of managing loss ratios and improving customer retention through personalized service. The company operates within the Automotive & Mobility Technologies sector, specifically focusing on autonomous and connected vehicles, and leverages artificial intelligence, deep learning, and sensing technologies.

Strategic signal

In June 2019, Hyundai partnered with MDGo for its in-car injury detection technology. This collaboration indicates a significant validation of MDGo's AI-driven solution within the automotive industry, suggesting a strategic move by a major car manufacturer to integrate advanced safety features. For investors, this partnership highlights MDGo's potential for broader market adoption and its role in enhancing vehicle safety and emergency response systems.

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Company Intelligence Q&A

What is MDGo's primary offering?
MDGo offers an Accident Detection & Response (ADR) solution that utilizes crash sensors to autonomously send detailed accident information to first responders and provide insurers with in-depth, objective damage reports immediately after an impact.
When was MDGo founded and by whom?
MDGo was founded in November 2017 by Itay Bengad and Gilad Avrashi.
Which major automotive company partnered with MDGo in 2019?
In June 2019, Hyundai partnered with MDGo for its in-car injury detection technology.
Which investors participated in MDGo's December 2020 funding round?
In December 2020, MDGo received funding from investors including Target Global.
Which investors participated in MDGo's July 2018 funding round?
In July 2018, MDGo received funding from investors including Next Gear Ventures.
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