Fast Response Emergency System (FRES) - Institutional Voids Solutions (IVS) AB

Company Description

IVS Health is a global health innovation company working toward equitable access to quality care. We design scalable SaaS solutions to fix institutional gaps in healthcare, currently piloting our Fast Response Emergency System in Rwanda to improve emergency care for underserved populations in low- and middle-income countries.

Countries of Operation

Rwanda, Sweden,

Ownership of Company

European Company

Number of years since incorporated

1

Project Pitch

FRES is an AI‑powered, platform that optimises Rwanda's emergency response by connecting patients, community responders, and ambulances all through dispatch centre—targeting 80% of critical cases within 20 minutes to address urban-rural disparities where 39% exceed the golden hour. Business Model: B2G mainly SaaS licensing to Ministries of Health, plus implementation fees. Private hospitals pay monthly subscriptions.

Operations:

Phase 0 (Now): MVP validation with prototype (patient intake, dispatch, navigation, kit collection).

Phase 1 (Q1 2026): Rural core deployment, centralised dispatch, health worker expansion plan.

Phase 2: Data collection for AI optimisation (locations, response outcomes).

Phase 3: Intelligent patient location (landmark modeling).

Phase 4: Pan-Africa SaaS scaling (Uganda, Zimbabwe, Nigeria, Tanzania). Traction: Rwanda MoH MoU signed (2-year co‑design), SFH LOI for primary care integration, Total 3-year investment: €8M.

Team

IVS Health’s core team blends clinical, technical, business, and execution expertise to design and scale impactful health solutions. CEO & Co‑founder Mo Ibrahim, with dual master’s degrees in Global Health and Bioentrepreneurship, leads overall strategy and government partnerships.

CBDO Julius Nurmenniemi, a medical doctor with a Master’s in Bioentrepreneurship, drives business development, commercial models, and key stakeholder relations.

CTO Alaaddin Sorkati, holding a Master’s in Mechatronics and 6+ years of software development experience, oversees platform architecture, security, and integrations.

Co‑founder and Communications Lead Franciska Koszas, with a Master’s in Business Administration and International Marketing, manages brand, strategic communication, and partner engagement.

Head of Capacity & Learning Innovation Elisabeth Eloranta, a nurse specialist with Master’s degrees in Global Health and Disaster Management, designs clinical pathways, training programs, and implementation for frontline staff.

Chief Research Officer Sara Mahmoud, a PhD in AI and Data Science, leads our AI, data, and evidence generation strategy.

COO Mamadou Diaby, with a Master’s in Mechatronics, coordinates day‑to‑day operations and delivery.

In Rwanda, Country Manager Cheryl Valois leads on‑the‑ground implementation and maintains relationships with government and local partners.

Type of Project

Governmental/Institutional project

Stage

Early Venture

Annual Revenue (in EUR)

0 - 10.000 EUR

Number of employees

1-10

Total Project Cost (in EUR)

8,000,000

Financing needs (in EUR)

8,000,000

Type of financing needed

Equity, Venture Capital

The Company is looking for

Financing

Planned allocation of fundraising capital

Greenfield (new activity for the company), Expansion (expanding an existing activity), PPP (Public-Private Partnership)