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mPharma - About the company

mPharma is a series D company based in Accra (Ghana), founded in 2013 by Gregory Rockson and James Finucane. It operates as a Provider of pharmacy management services and software for stock management for patients and pharmacies. mPharma has raised $95.3M in funding from investors like Novastar Ventures, Citi and Lux Capital. The company has 281 active competitors, including 31 funded and 32 that have exited. Its top competitors include companies like Xevant, Redbook and PrimeRx.

Company Details

mPharma is a pharmacy benefits manager, the company offers pharmacy stock management services to patients and pharmacies. Provides mobile and web-based platforms that allow healthcare providers, pharmacies, insurance companies to make medicines accessible and affordable to the patients. The consumer-facing mobile app allows patients to order monthly prescription refills and provides reminders by enrolling in their program Mutti. The company provides Allows registered doctors to direct her patients to pharmacies with the prescribed drugs in stock and check adherence. Using the data from doctors and patient interfaces, the company provides pharmacies information regarding demand and other tools to manage their services. Additionally, the company provides tools to keep a track of claims on prescription drugs and marketing services to pharmaceutical companies.
Social
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Email ID
*****@mpharma.com
Key Metrics
Founded Year
2013
Location
Accra, Ghana
Stage
Series D
Total Funding
$95.3M in 11 rounds
Latest Funding Round
Ranked
Employee Count
395 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
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mPharma's funding and investors

mPharma has raised a total funding of $95.3M over 11 rounds. Its first funding round was on Sep 2015. Its latest funding round was a Series D round on Dec 23, 2025 for $*****. 1 investor participated in its latest round. mPharma has 29 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of mPharma:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 23, 2025
4802637
Series D
9724081
1132295
7378476
8481737
Dec 26, 2023
2830839
Series D
9593350
7063936
5571130
8671857
Jan 05, 2022
7431022
Series D
5248037
9789556
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mPharma's founders and board of directors

Founder? Claim Profile
The founders of mPharma are Gregory Rockson and James Finucane.
Here are the details of mPharma's key team members:

mPharma's employee count trend

mPharma has 395 employees as of Sep 26. Here is mPharma's employee count trend over the years:
Employee count trend for mPharma
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mPharma's Competitors and alternates

Top competitors of mPharma include Xevant, Redbook and PrimeRx. Here is the list of Top 10 competitors of mPharma, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for mPharma
mPharma
2013, Accra (Ghana), Series D
Provider of pharmacy management services and software for stock management for patients and pharmacies
$95.3M
60/100
2nd
Logo for Xevant
Xevant
2017, Draper (United States), Series A
Provider of a SaaS-based pharmacy benefit management platform
$17.2M
55/100
3rd
Logo for Redbook
Redbook
2015, Mumbai (India), Seed
Provider of GST-enabled pharmacy retail and distribution management software
$322K
52/100
4th
Logo for PrimeRx
PrimeRx
1990, Syosset (United States), Acquired
Provider of business management software for pharmacies
-
52/100
5th
Logo for The Craneware Group
The Craneware Group
1999, Deerfield Beach (United States), Public
Provider of revenue integrity and pharmacy management software for hospitals
-
50/100
6th
Logo for Pharma Growth
Pharma Growth
2020, Indore (India), Seed
Cloud-based pharmacy management software
$473K
49/100
7th
Logo for Healthwire
Healthwire
2014, Lahore (Pakistan), Series A
Provider of online doctor appointment booking and practice management software
$4M
48/100
8th
Logo for KareXpert
KareXpert
2014, Gurugram (India), Series A
Provider of cloud-based suite software for healthcare providers
$6.99M
48/100
9th
Logo for Kamsoft
Kamsoft
1985, Katowice (Poland), Unfunded
Digital pharmacy management tool for professionals
-
-
47/100
10th
Logo for Navi group
Navi group
2019, Clondalkin (Ireland), Acquired
Pharmacy retail, buying and technology company
-
-
46/100
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mPharma's Investments and acquisitions

mPharma has not made any investments yet. mPharma has made 5 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 15, 2022
Acquisition
1999
Lekki (Nigeria)
Oct 29, 2021
Acquisition
2019
Kampala (Uganda)
Oct 27, 2021
Acquisition
1999
Kampala (Uganda)
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Reports related to mPharma

Here is the latest report on mPharma's sector:

News related to mPharma

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Media has covered mPharma for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
•
•
mPharma reaffirms commitment to affordable healthcare service in AfricaBusiness and Financial Times•May 12, 2022•mPharma
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FAQs about mPharma

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