Following the raise from Shorooq Partners, the healthcare marketplace has Egypt, UAE and KSA in its sights.
Jordan-born healthcare marketplace Aumet has raised a six-figure Pre-Series A round led by Shorooq Partners, an Emirati seed stage venture capital fund. Having become a de facto market leader in Jordan, powering 80% of the local market with 3,000 pharmacies using its platform, Aumet is planning on using the fund to expand into the UAE, KSA and Egypt.
“Last year highlighted the fragility of the global healthcare supply chain. Despite being a crucial component for our wellbeing and health, it is still deeply undigitized and as a result unorganized," Founding Partner at Shorooq Partners Mahmoud Adi said. "We believe Aumet has phenomenal potential to solve this problem and create value on a global scale.”
Founded by Yahya Aqel (pictured in main image), Mohammad Issa and Jamal Abusamra, Aumet's end-to-end solution allows pharmacies to manage their inventory and connect with their suppliers in real-time. The platform uses AI to index over 50,000 manufacturers, and has been able to process thousands of orders daily worth $120 million annually.