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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.
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
Ranked
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
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DrugStoc's founders and board of directors

Founder? Claim Profile
The founders of DrugStoc is Adham Yehia. Chibuzo Opara is the CEO of DrugStoc.
Here are the details of DrugStoc's key team members:

DrugStoc's employee count trend

DrugStoc has 149 employees as of Aug 26. Here is DrugStoc's employee count trend over the years:
Employee count trend for DrugStoc
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for giftHEALTH
giftHEALTH
2009, Columbus (United States), Acquired
Provider of supply chain management platform
$5.76M
61/100
2nd
Logo for Reap
Reap
2015, Mumbai (India), Series B
Provider of a communication and supply chain management software for pharmacies
$59.7M
46/100
3rd
Logo for DocPharma
DocPharma
2024, Bengaluru (India), Seed
Supply chain services for pharmaceutical distribution and diagnostic testing logistics
$2.5M
46/100
4th
Logo for Pharmacist Bang
Pharmacist Bang
2015, Guangzhou (China), Public
Provider of digital pharmaceutical trading platforms for clinical health providers
$495M
45/100
5th
Logo for PharmX
PharmX
2006, Sydney (Australia), Acquired
Provider of platform for connecting pharmacies with suppliers
-
-
45/100
6th
Logo for GraphiteRx
GraphiteRx
2019, Nashville (United States), Funding Raised
Platform for supply management of pharmaceutical products
-
44/100
7th
Logo for Remedial Health
Remedial Health
2020, Newark (United States), Series A
Provider of a supply chain management software for pharmacies and insurers
$13.9M
44/100
8th
Logo for Anahad
Anahad
2020, Mumbai (India), Seed
Online pharmacy and branded local pharmacy chain offering fast delivery of medicines and wellness products
-
41/100
9th
Logo for Care9
Care9
2016, Chennai (India), Seed
Cloud-based supply chain management platform for pharmacies, healthcare providers & consumers
$196K
-
40/100
10th
Logo for Medvol
Medvol
2018, Mumbai (India), Unfunded
Distributor of pharmaceutical products
-
-
37/100
13th
Logo for DrugStoc
DrugStoc
2015, Ikeja (Nigeria), Series A
Provider of procurement platform for pharmacies, clinics, and healthcare organizations
$4.4M
36/100
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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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FAQs about DrugStoc

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