MDRx

What MDRx does

MDRx (legal entity MDRxTech) is a London-based technology consultancy founded in 2020 by Tom Grogan and operating as a subsidiary within the Mishcon de Reya Group. The firm is positioned at the intersection of business strategy, technology development, and legal expertise, targeting enterprise clients and government agencies seeking to adopt emerging technologies — including AI/ML, blockchain, Web3, IoT, and Metaverse applications — while managing regulatory and compliance risk through a 'compliant by design' approach. Its delivery model is built around four service pillars: Strategy, Software Development, Transformation, and Data Innovation, supported by a proprietary three-week Discovery Process methodology and direct access to Mishcon de Reya's 600+ lawyers for embedded regulatory guidance.

The technology stack spans React, TypeScript, Node.js, Python, Solidity, AWS cloud services, IPFS, and distributed ledger platforms including R3 Corda Enterprise, with proprietary application areas in NLP-based legal document analysis (Amplifi), machine vision for carbon capture measurement using drone and satellite imagery, knowledge-graph-driven regulatory analytics (Open Regulation Platform for BEIS), and blockchain-based supply chain and property conveyance solutions. The consultancy has delivered notable outcomes including a property conveyance proof of concept reducing transfer time from six weeks to ten minutes (HM Land Registry), an 11% analyst-time reduction at a major crypto analytics client, and an IoT data marketplace for the Government of the UAE showcased at the World Economic Forum.

The business operates as a private professional services firm generating revenue through custom-scoped enterprise consulting engagements on a multi-year basis, with no standard pricing tiers publicly disclosed. Go-to-market is relationship-led, combining direct enterprise sales, referrals from the Mishcon de Reya client network, and thought leadership content; the firm has a dedicated Sales Development Representative and pursues inbound through blog, LinkedIn, webinars, and industry events. Customer segments span luxury fashion, sports and entertainment, retail and supply chain, financial services, real estate, crypto/Web3, and UK and Middle East government agencies.

Name

MDRx

Legal name

MDRxTech

Website

https://mdrx.tech

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

MDRx is a London-based technology consultancy and Mishcon de Reya Group subsidiary that helps enterprises and governments adopt AI/ML, blockchain, Web3, IoT, and Metaverse technologies through an integrated business, technology, and legal-compliance model.

Ownership category

akta.pro rank

Product category

Technology Consulting Services

NAICS

Management Consulting Services (54161), Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Management Consulting Services (8742), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Enterprise Application Data Migration & Master Data Management Services (BPAEAGAJ)

akta.pro secondary industry

Data Modeling & Semantic Layer / Business Glossary (HDAEADAJ)

Keywords

• Technology consulting services
• Digital transformation consulting
• Blockchain development services
• Artificial intelligence solutions
• Emerging technology advisory

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Technology Consulting Services: Professional consulting services for emerging technology strategy, software development, and data innovation. Projects are typically enterprise engagements with scoping, implementation, and ongoing advisory components.
2. Software Development and Engineering: Custom software development services including blockchain development, AI/ML implementations, and digital transformation projects. Billed as part of overall project engagements.
3. Strategy and Transformation Consulting: Business strategy, organizational design, and digital transformation services. Delivered through workshops, stakeholder engagement, and strategic recommendations.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

MDRxTech provides technology consulting services combining business strategy, software development, and data innovation with integrated legal expertise from the Mishcon de Reya Group. The firm delivers four core service pillars—Strategy, Software Development, Transformation, and Data Innovation—spanning AI/ML, enterprise blockchain, Web 3.0, metaverse, and IoT projects for global enterprise and government clients. Engagements are anchored by a three-week outcome-based Discovery methodology and a "Compliant by Design" approach that embeds regulatory and legal considerations from project outset.

Product overview

MDRx is a technology consultancy offering professional services centered on four key pillars: Strategy, Software Development, Transformation, and Data Innovation. The company provides specialized consulting services rather than a single unified software product, working at the intersection of business, technology, and law. Their service offerings include AI & Machine Learning solutions, Enterprise Blockchain solutions, Web 3.0 solutions (including NFTs and DAOs), Metaverse solutions, and Internet of Things solutions. Notable internal products include Amplifi, a machine learning risk engine for legal document intelligibility assessment. The consultancy also delivers client-specific projects such as the Open Regulation Platform for the UK Government and carbon marketplace solutions. All offerings are backed by legal and regulatory expertise from the Mishcon de Reya Group.

Differentiator

Problem solved

Functional benefit

Products and services

• Amplifi A machine-learning risk engine that assesses the intelligibility of dense legal material such as terms and conditions, regulatory notifications, and traditional legal contracts, and provides simplified alternatives to reduce legal risk for providers.
• Strategy Services Strategic consulting that helps organizations realize their vision for digitally transformed futures through actionable recommendations, discovery workshops, and stakeholder engagement.
• Software Development Services Custom design, build, and launch of software products with a user-centric approach, covering Web3, blockchain, and AI/ML applications for enterprise and government clients.
• Transformation Services Organizational transformation services that help clients harness emerging technologies and embed change-ready culture, including the implementation of Agile methodologies.
• Data Innovation Services Data analysis and value extraction services that leverage AI/ML, knowledge graphs, and advanced analytics techniques to inform and optimize decision-making and performance.
• AI & Machine Learning Solutions Design and deployment of AI and ML models for natural language processing, financial modeling, and machine vision applications across private and public-sector clients.
• Enterprise Blockchain Solutions Blockchain strategy and implementation services including smart contract development, decentralized applications, and distributed ledger solutions on platforms such as R3 Corda.
• Web 3.0 Solutions Web3 development and strategy covering NFTs, DAOs, DeFi ecosystems, tokenomics, and blockchain-based product development for enterprises and crypto-native clients.
• Metaverse Solutions Metaverse strategy and implementation services including AR/VR experiences, virtual try-ons, and immersive digital environments for retail and entertainment clients.
• Internet of Things Solutions IoT data collection and analytics services that leverage connected devices for insights across smart buildings, supply chains, and government applications.
• Open Regulation Platform Beta platform developed for the UK's Department of Business, Energy and Industrial Strategy to provide smarter, better-targeted regulation using knowledge graphs and machine learning.
• Carbon Marketplace End-to-end marketplace for carbon offset transactions using machine vision, satellite and drone data, and carbon sequestration modeling.

Quantifiable outcome

• 11% reduction in analyst time for crypto analytics client, totalling multi-million pound annual saving
• +4 more outcomes

Named customers22 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature5 records

Partnerships

Six partnerships are on record, tiered supporting, core and major.

• Code First GirlssupportingStrategic or Co-development Partner · 1 January 2023Recruitment partnership for hiring software engineers. Several MDRxTech software engineers have recently graduated from Code First Girls nanodegree programs and joined the company directly from this pathway.
• ShowcodesupportingStrategic or Co-development Partner · 1 January 2023Diversity recruitment partnership. MDRxTech partnered with Showcode to organize meet-ups focused on diversity in tech, bringing together tech communities for sharing, learning, and skill-building.
• Mishcon de Reya GroupcoreStrategic or Co-development Partner · 1 January 2020Parent company and primary strategic partner. MDRxTech is a technology consultancy that is part of the Mishcon de Reya Group. The partnership provides access to legal expertise and the MDR Group's client base. Mishcon de Reya is an independent law firm employing more than 1,000 people with over 600 lawyers.
• vLex JustissupportingTechnology or Integration · 1 January 2020Data partnership for judicial review analysis project. vLex Justis provided access to published judgments from the Queen's Bench Division, Court of Appeal, and Supreme Court for data analysis spanning ten years.
• HM Land RegistrymajorStrategic or Co-development Partner · 1 January 2020Government partnership for blockchain proof of concept. Worked with HM Land Registry's Digital Street team and consortium partners to build a distributed ledger-based prototype for digital property transfer.
• The Mishcon de Reya Group (MDR Lab)coreStrategic or Co-development PartnerMDR Lab is the LegalTech incubator and investment arm of the Mishcon de Reya Group, targeting early-stage companies transforming the legal industry. MDRxTech collaborates on technology initiatives including M:Tech program for early-stage technology businesses.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Thoughtworks: Global technology consultancy that designs and delivers custom software, data, and digital transformation programmes for enterprise and government clients - the closest functional analogue to MDRxTech's strategy-plus-engineering-plus-data model.
• AND Digital: UK-headquartered technology consultancy with a similar boutique-to-mid-market size profile, focused on digital product development and data engineering for enterprise clients - a near-peer in geography, scale, and service mix.
• Slalom: Mid-sized US-headquartered technology and business transformation consultancy with regional delivery centres, directly comparable to MDRxTech's boutique scale and its blend of strategy, engineering, and data services for enterprise clients.

Broad incumbents

• McKinsey Digital: The technology, design, and engineering arm of McKinsey & Company, embedded alongside strategic consulting; competes with MDRxTech's strategy-led digital transformation engagements for board-level mandates.
• Capgemini Invent: The digital innovation and transformation consultancy within Capgemini, focused on strategy, technology, and data for large enterprises - competes with MDRxTech across AI, data, and emerging-technology mandates at larger scale.
• Cognizant: Large global IT services and consulting firm with significant blockchain, AI, and digital engineering practices; overlaps with MDRxTech's emerging-technology and enterprise transformation offerings, with a much deeper global delivery bench.
• Accenture: The largest global IT and digital transformation services firm, with dedicated blockchain, AI, and metaverse practices that compete for the same regulated-enterprise and government mandates as MDRxTech, but with vastly greater scale and procurement footprint.
• Deloitte Digital: The digital transformation arm of Deloitte, offering strategy, creative, and engineering services to enterprises and governments worldwide - directly competes with MDRxTech for regulated-industry transformation work, augmented by Deloitte's legal and risk advisory practices.
• Publicis Sapient: Global digital transformation consultancy inside Publicis Groupe, focused on strategy, customer experience, and platform engineering for large enterprises - comparable to MDRxTech's blend of strategy and software delivery at significantly greater scale.
• BCG Platinion: BCG's technology build and integration arm, pairing management consulting with deep engineering and architecture work; directly overlaps with MDRxTech's model of combining senior strategic advisors with hands-on builders for enterprise clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MDRx