DrugStoc - About the company
DrugStoc is a series A company based in Ikeja (Nigeria), founded in 2015 by Adham Yehia. It operates as a Provider of procurement platform for pharmacies, clinics, and healthcare organizations. DrugStoc has raised $4.4M in funding from Growth Capital and Asia Africa Investment and Consulting. The company has 82 active competitors, including 15 funded and 8 that have exited. Its top competitors include companies like giftHEALTH, Reap and DocPharma.
Company Details
Provider of procurement platform for pharmacies, clinics, and healthcare organizations. The platform assists healthcare professionals to manage their supply chain processes by ordering medications, medical devices, and consumables for patients. The app also enables the professionals to customize their own profile, view the purchase lists, manage payment solutions as well as keep track across the whole value chain right from the manufacturer to the patient.
- Website
- drugstoc.com
- Email ID
- *****@gmail.com
- Phone Number
- +234 **********
Key Metrics
Founded Year
2015
Location
Ikeja, Nigeria
Stage
Series A
Total Funding
$4.4M in 3 rounds
Latest Funding Round
Investors
Ranked
13th among 82 active competitors
Employee Count
149 as on Aug 31, 2026
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DrugStoc's funding and investors
DrugStoc has raised a total funding of $4.4M over 3 rounds. Its first funding round was on Jun 27, 2019. Its latest funding round was a Grant (prize money) round on Sep 19, 2023 for $*****. 1 investor participated in its latest round. DrugStoc has 12 institutional investors.
Here is the list of recent funding rounds of DrugStoc:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 19, 2023 | 5689951 | Grant (prize money) | 4040046 | 8472366 | 8266026 | 9287650 |
Nov 14, 2021 | 9755158 | Series A | 6089201 | 8108630 | 9256753 | |
Jun 27, 2019 | 1099502 | Seed | 8834517 | 9669600 |
View details of DrugStoc's funding rounds and investors
DrugStoc's founders and board of directors
Founder? Claim ProfileThe founders of DrugStoc is Adham Yehia. Chibuzo Opara is the CEO of DrugStoc.
Here are the details of DrugStoc's key team members:
- Adham Yehia: Co-Founder of DrugStoc and founder of 1 other company.
- Chibuzo Opara: Co-CEO of DrugStoc.
View details of DrugStoc's Founder profiles and Board Members
DrugStoc's employee count trend
DrugStoc has 149 employees as of Aug 26. Here is DrugStoc's employee count trend over the years:
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DrugStoc's Competitors and alternates
Top competitors of DrugStoc include giftHEALTH, Reap and DocPharma. Here is the list of Top 10 competitors of DrugStoc, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | giftHEALTH 2009, Columbus (United States), Acquired | Provider of supply chain management platform | $5.76M | 61/100 | |
2nd | Provider of a communication and supply chain management software for pharmacies | $59.7M | 46/100 | ||
3rd | Supply chain services for pharmaceutical distribution and diagnostic testing logistics | $2.5M | 46/100 | ||
4th | Pharmacist Bang 2015, Guangzhou (China), Public | Provider of digital pharmaceutical trading platforms for clinical health providers | $495M | 45/100 | |
5th | Provider of platform for connecting pharmacies with suppliers | - | - | 45/100 | |
6th | GraphiteRx 2019, Nashville (United States), Funding Raised | Platform for supply management of pharmaceutical products | - | 44/100 | |
7th | Remedial Health 2020, Newark (United States), Series A | Provider of a supply chain management software for pharmacies and insurers | $13.9M | 44/100 | |
8th | Online pharmacy and branded local pharmacy chain offering fast delivery of medicines and wellness products | - | 41/100 | ||
9th | Cloud-based supply chain management platform for pharmacies, healthcare providers & consumers | $196K | - | 40/100 | |
10th | Distributor of pharmaceutical products | - | - | 37/100 | |
13th | Provider of procurement platform for pharmacies, clinics, and healthcare organizations | $4.4M | 36/100 |
Looking for more details on DrugStoc's competitors? Click here to see the top ones
DrugStoc's Investments and acquisitions
DrugStoc has made no investments or acquisitions yet.
Reports related to DrugStoc
Here is the latest report on DrugStoc's sector:
News related to DrugStoc
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•
Nigeria’s DrugStoc raises $4.4m Series A funding to expand coverageDisrupt Africa•Nov 16, 2021•DrugStoc, Asia Africa Investment and Consulting, VestedWorld, European Development Finance Institutions and 1 other
•
Growth Capital Invests an Undisclosed Amount in a Healthtech Startup, DrugStocTech In Africa•Jul 03, 2019•Riby, Growth Capital, CcHub, LifeBank and 2 others
•
Cchub’s Growth Capital Fund Announces Investment In DrugstocInnovation-village•Jun 28, 2019•CcHub, DrugStoc, Growth Capital, CcHUB
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