Healthcare growth company MoniDose backed by experienced investor group
Pirkanmaa-based healthcare growth company MoniDose Oy has secured backing from a group of investors. Investors Leena Niemisto, Jani Valtajärvi, Mika Piittisjärvi, and Risto Kalliainen strongly believe in the company's growth potential.
Pirkanmaa-based healthcare growth company MoniDose Oy has secured backing from a group of investors. The investors who have joined the company's backing group - Leena Niemisto, Jani Valtajärvi, Mika Piittisjärvi, and Risto Kalliainen - strongly believe in the company's growth potential.
"MoniDose impressed me with founder Alaa Salonen's and the team's passionate attitude and strong expertise. They are developing their product at record speed, listening to customers and utilizing intelligent solutions," says Leena Niemisto from Kaikarhenni Ventures.
The medication dispenser and system developed by the company can streamline processes, saving time for actual care work. This simultaneously increases the wellbeing of both healthcare workers and patients.
"We believe that technology can significantly reduce costs by decreasing medication waste and improving patient safety," says MoniDose CEO Alaa Salonen.
"We wanted to build a solution that brings security and relief to both patients and caregivers. This work is more than business for us - it's our calling," Salonen continues.
The company develops the solution together with nurses, customers, and patients. The product is designed to support home care, nursing homes, welfare region services, and pharmacies, covering the entire medication-needing population.
Growing through collaboration
"Local collaboration and the company's location create a strong foundation for MoniDose's internationalization," states Salonen. "Business Tampere's support, especially regarding regulatory questions, has also been important," Salonen continues.
"This is an exciting growth company, the solution can bring significant help to many. Great to be involved in supporting MoniDose's journey," says Ilona Raitakari from Business Tampere.
MoniDose solution in brief
Smart medication dispenser - multi-use in various care environments
MoniDose system - automation and intelligent features that reduce manual work and free up nurses' time for care work
Financial and human benefit — medication waste in Finland costs millions of euros annually (globally hundreds of millions); increased patient safety
Platform serves multiple user groups - nurses, clients/patients, facilities and pharmacies
Accessible user interface - options for memory and dementia patients, color blind users and experienced smart device users
MoniDose Oy
Founded: 2024 Company headquarters: Akaa, Pirkanmaa Industry: Health technology and medication safety Product (in development): Smart medication dispenser and MoniDose system Piloting: First test uses in Finland 2026 Market entry: Q3/2026 CE certification: estimated Q3/2026 Internationalization: Nordics -> Middle East, UK, USA