Dealflow | May 23, 2018

OPIC loan helps Dimagi expand health-care management

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, May 23 – Dimagi, a Cambridge, Mass.-based tech company, helps global development and health organizations manage health services in low-resource communities. Its clients include USAID, the National Institutes of Health and Catholic Relief Services.

The Overseas Private Investment Corp. is providing a $10 million loan to help Dimagi expand into Tanzania, Myanmar and Guatemala.

“As a benefit corporation, we must find capital partners that understand both our impact and market-driven approach” and the company’s drive toward “achieving our mission in a sustainable commercial way,” said Dimagi’s Jonathan Jackson.

  • Grant funding… Dimagi’s growth has been grant-funded to date, largely by the Gates Foundation.