Investors

The world's only dual-patient medication dispenser — from Finland

MoniDose builds smart, automatic medication dispensing for welfare regions, care homes, home care and assisted living. We are in advanced field testing in Finland and opening conversations with strategic investors about the next phase of growth.

Founded
2024
Akaa, Finland
Founder & CEO
Alaa Salonen
MoniDose Oy
Backed by, among others
Leena Niemistö & Risto Kalliainen
Finnish healthtech business angels
Primary markets
Finland → Nordics → EU
Sequenced expansion
Product portfolio

Two products, one mission

MoniDose is already a multi-product company: the dispenser is in field testing and the eQMS platform is already on the market. Both share the same foundation — quality, regulatory rigour and patient safety.

Advanced field testing

MoniDose Dispenser

The world's only dual-patient smart medication dispenser

Smart, automatic medication dispensing for care homes, home care and assisted living. Being developed as a Class I medical device under EU MDR 2017/745.

  • Dual-patient mode on a single device
  • QR identification + locked tamper-resistant storage
  • Four-role apps: nurse, resident, family, pharmacy
  • Not yet registered — Fimea registration planned
Explore the product
Available on the market

MoniDoseQMS

Electronic quality management system for medical device companies

MoniDoseQMS is our own eQMS platform. We use it ourselves in development — and we offer it as a standalone SaaS product to other medical device manufacturers to meet MDR requirements.

  • Document management + version control
  • ISO 14971 risk management
  • CAPA system + non-conformity handling
  • Covers the full MDR lifecycle
Visit MoniDoseQMS.com

From an investor perspective: MoniDoseQMS is already a standalone product on the market — proof that the team has built and shipped a certification-grade software platform. The dispenser is the next product launching from the same foundation.

Market drivers

Why now?

Four structural drivers converge — making smart medication dispensing a necessity, not an option.

An ageing population

The share of people over 65 is rising in Finland and across Europe. Care is shifting from institutions into the home — exactly where medication errors stack up.

Polypharmacy is increasing

More elderly patients take five or more prescription medications every day. Manual schedules overwhelm staff and create error risk.

Care workforce is constrained

Care homes and home care cannot scale manual medication dispensing further. The structural demand for automation is built in.

Regulation is tightening

EU MDR 2017/745 and national quality requirements favour companies that built the regulatory path from day one — not as an afterthought.

Where we are

What we have built — and where we are now

Product family, regulatory path and quality system are in place — the next step is registration and commercial scale-up.

The world’s only dual-patient dispenser

One device serves two patients with separate schedules, alerts and logs. The product family also covers single-patient deployments for care units and homes.

A four-role platform

Distinct views for nurse, patient, family member and pharmacy. Alert routing, two-way video and automatic documentation tie everyday work into existing record systems.

A regulatory path built in

The device is being developed as a Class I medical device (with software) under EU MDR 2017/745 via the self-declaration route (Article 52(7)). The device is not yet registered — registration with Fimea is on the regulatory roadmap.

MoniDoseQMS for quality management

We use our own MoniDoseQMS platform to manage documentation, risk and CAPA processes. The same platform is also available as a standalone product at monidoseqms.com.

Advanced field testing underway

MoniDose is currently in advanced field testing with Finnish healthcare providers. The learnings inform product development and commercial readiness.

Security and privacy by design

We handle health data. Our website has been audited against the OWASP Top 10 (2021) framework, with 18 security controls verified. We hold our digital infrastructure to the same standard as our physical products.

Designed outcomes

What the product is designed to deliver

These are designed outcomes informed by field testing — not yet audited commercial results.

2.5–3.5 h
per nurse per day

Designed time saving at a 5-patient load — around 55–77 hours per device per month.

2 patients
on one device

The world’s only dual-patient mode — two separate schedules, alerts and logs in the same device.

QR + lock
on every dose

Patient identification and tamper-resistant locked storage reduce error risk across the chain.

Use of funds

Where invested capital goes

Four pillars, one outcome: move the device from field testing into broad commercial use.

Finish product & regulatory

Move the device from field testing to MDR registration (Fimea), deepen integrations with patient record systems and build clinical evidence.

Team & commercialisation

Key hires in sales, customer success and regulatory affairs. From pilot units to repeatable deployments.

Geographic expansion

Finland → Nordics → selected European markets. One market at a time, on regulatory and distribution terms.

Quality & continued development

Expanding the MoniDoseQMS platform, post-market surveillance and next-generation device capabilities.

Investor profile

The investors we are looking for

Strategic partners

Players with deep understanding of healthcare, care services or pharmacy operations.

Long-term funds

Investors who understand the rhythm of a medical device growth curve — from registration to broad deployment.

Nordic & European reach

Partners who support sequenced expansion from Finland to the Nordics and selected European markets.

Investor inquiry

Tell us briefly about your background and what interests you. We treat all information confidentially and reply personally.