MIDAS Healthcare Solutions

New York, United States Founded: 2017 • Age: 9 yrs
Patch catchers and oral medication security systems are manufactured.
Annual revenue - Latest available
Total funding $2.0M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 6 Brand Intelligence

About MIDAS Healthcare Solutions

MIDAS Healthcare Solutions is a company based in New York (United States) founded in 2017 by Michael Lafaugi and Jeffrey Wahl. MIDAS Healthcare Solutions has raised $2 million across 1 funding round from investors including MCPc. MIDAS Healthcare Solutions offers products and services including MidasVIEW™, Anytime Witness™, and Rx Intercept™. MIDAS Healthcare Solutions operates in a competitive market with competitors including RxDestruct, Viradys, Liying, Envomed and Wanshan, among others.

  • Headquarter New York, United States
  • Founders Michael Lafaugi, Jeffrey Wahl
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2 M (USD), Series A

    Oct 25, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of MIDAS Healthcare Solutions

MIDAS Healthcare Solutions offers a comprehensive portfolio of products and services, including MidasVIEW™, Anytime Witness™, and Rx Intercept™.

Product name locked
Category locked
Primary

Provides secure video-verified disposal of medications for compliance.

Product name locked
Category locked
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Enables remote video capture for medication disposal oversight.

Product name locked
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Captures samples to analyze and prevent fraud in disposal.

People of MIDAS Healthcare Solutions

Headcount 1-10
Employee Profiles 4
Employee Profiles
People
Erich Schmidt
Executive Director Business Development
People
Sebby Borriello
Executive Vice President, Chief Commercial Officer
People
Jeffrey Wahl
President & Co-founder
People
Stephen Drummond
Executive Director, Business Development At Midas Healthcare Solutions, Inc.

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Funding Insights of MIDAS Healthcare Solutions

MIDAS Healthcare Solutions has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Series A round of $2 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in MIDAS Healthcare Solutions

MIDAS Healthcare Solutions has secured backing from 1 investor. Prominent investors backing the company include MCPc.

All
Investor Description Founded Year Domain Location
Provides IT management, cybersecurity, and consulting services for organizations worldwide.
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Investor details for MIDAS Healthcare Solutions

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Investments & Acquisitions by MIDAS Healthcare Solutions

Investments
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Investment portfolio details for MIDAS Healthcare Solutions

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Financial Statements - MIDAS Healthcare Solutions

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Detailed financials for MIDAS Healthcare Solutions

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Midas Healthcare Solutions Comparisons

MIDAS Healthcare Solutions Primary company
Description
Patch catchers and oral medication security systems are manu...
Location
New York, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MIDAS Healthcare Solutions

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Competitors of MIDAS Healthcare Solutions

MIDAS Healthcare Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RxDestruct, Viradys, Liying, Envomed and Wanshan, among others.

Company Name Domain Founded year HQ Location Description
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Opioid medical waste is destroyed for healthcare facilities.
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Medical waste disposal solutions are provided by Viradys.
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Provides and develops microwave systems for hospital and medical waste treatment.
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Onsite treatment of hazardous and infectious medical waste for hospitals and healthcare facilities.
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Delivers comprehensive IoT-based solutions for medical waste management.
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Detailed competitors of MIDAS Healthcare Solutions

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Latest news on Midas Healthcare Solutions

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Complete news archive for MIDAS Healthcare Solutions

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Frequently Asked Questions about MIDAS Healthcare Solutions

MIDAS Healthcare Solutions was founded in 2017 and raised its 1st funding round 6 years after it was founded.

MIDAS Healthcare Solutions is headquartered in New York, United States. It is registered at New York, New York, United States.

Michael Lafaugi is the current CEO of MIDAS Healthcare Solutions. They have also founded this company.

MIDAS Healthcare Solutions is a funded company, having raised a total of $2M across 1 funding round to date.

MIDAS Healthcare Solutions was founded in 2017 in New York, United States, by co-founders Michael Lafaugi, who serves as CEO, and Jeffrey Wahl. Patch catchers, waste return mechanisms, and security systems for oral medications are produced for the healthcare sector. These products are designed to support medication safety and waste management in clinical settings. Operations are centered in the United States, with an online presence maintained at midashs.com.

MIDAS Healthcare Solutions's top competitors include RxDestruct, Viradys and Liying.

MIDAS Healthcare Solutions offers MidasVIEW™, Anytime Witness™, and Rx Intercept™.

MIDAS Healthcare Solutions has 1 investor. Key investors include MCPc.

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