MDGo
Real-time Trauma Analysis System for Vehicles
Company Overview
Snapshot
Founded in November 2017 by Itay Bengad and Gilad Avrashi, MDGo operates with 11–50 employees. The company has raised $17M across 2 funding rounds from 9 investors.
Business overview
MDGo provides an Accident Detection & Response (ADR) solution designed for the automotive and insurance industries. Its core technology utilizes crash sensors to automatically transmit detailed accident information to first responders and generate in-depth damage reports for insurers immediately after an impact. This system aims to facilitate rapid medical attention for policyholders and offers insurers enhanced control over the claims process, with the goal of improving loss ratios and customer retention through personalized services. The company operates within the Automotive & Mobility Technologies sector, specifically focusing on Autonomous & Connected technologies, and also has a presence in Insurtech.
Strategic signal
In June 2019, MDGo announced a partnership with Hyundai, integrating its in-car injury detection technology. This collaboration signals a strategic validation of MDGo's AI and machine learning capabilities within the automotive industry, demonstrating its potential to enhance vehicle safety and emergency response systems through corporate partnerships.
Company Intelligence Q&A
- What is MDGo's primary offering?
- MDGo offers an Accident Detection & Response (ADR) solution that uses crash sensors to send detailed accident information to first responders and provides insurers with in-depth 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 companies have partnered with MDGo?
- In June 2019, Hyundai partnered with MDGo for its in-car injury detection technology. In July 2019, Volvo also backed MDGo.
- What research did MDGo publish in October 2020?
- In October 2020, MDGo published new research revealing that drivers are willing to switch auto insurance providers for enhanced safety and experience in the event of an accident.