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.