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.
- Website
- mpharma.com
- 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
Investors
Ranked
1st among 281 active competitors
Employee Count
395 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with mPharma
mPharma is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
mPharma Data, Inc CIN: 1664913 , United States, Active | $1 - $1M (As on Jan 28, 2016) | - | - |
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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:
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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 |
View details of mPharma's funding rounds and investors
mPharma's founders and board of directors
Founder? Claim ProfileThe founders of mPharma are Gregory Rockson and James Finucane.
Here are the details of mPharma's key team members:
- Gregory Rockson: Co-Founder & CEO of mPharma. They are also an angel investor in 2 startups.Contact Info: 1 email address
- James Finucane: Co-Founder of mPharma and founder of 1 other company.
View details of mPharma's Founder profiles and Board Members
mPharma's employee count trend
mPharma has 395 employees as of Sep 26. Here is mPharma's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of pharmacy management services and software for stock management for patients and pharmacies | $95.3M | 60/100 | ||
2nd | Xevant 2017, Draper (United States), Series A | Provider of a SaaS-based pharmacy benefit management platform | $17.2M | 55/100 | |
3rd | Provider of GST-enabled pharmacy retail and distribution management software | $322K | 52/100 | ||
4th | PrimeRx 1990, Syosset (United States), Acquired | Provider of business management software for pharmacies | - | 52/100 | |
5th | The Craneware Group 1999, Deerfield Beach (United States), Public | Provider of revenue integrity and pharmacy management software for hospitals | - | 50/100 | |
6th | Pharma Growth 2020, Indore (India), Seed | Cloud-based pharmacy management software | $473K | 49/100 | |
7th | Healthwire 2014, Lahore (Pakistan), Series A | Provider of online doctor appointment booking and practice management software | $4M | 48/100 | |
8th | Provider of cloud-based suite software for healthcare providers | $6.99M | 48/100 | ||
9th | Digital pharmacy management tool for professionals | - | - | 47/100 | |
10th | Navi group 2019, Clondalkin (Ireland), Acquired | Pharmacy retail, buying and technology company | - | - | 46/100 |
Looking for more details on mPharma's competitors? Click here to see the top ones
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:
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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) |
See all acquisitions by mPharma
Reports related to mPharma
Here is the latest report on mPharma's sector:
News related to mPharma
Media has covered mPharma for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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mPharma secures investment from Growth Investment Partners for expansion in Francophone West AfricaInnovation-village•Dec 23, 2025•mPharma, Growth Investment Partners
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GIP and mPharma Partner to Expand Affordable Healthcare AccessBusiness and Financial Times•Nov 04, 2025•Growth Investment Partners, mPharma
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AI governance in Africa: Embracing the 24-hour economy for sustainable growthBusiness and Financial Times•Feb 26, 2025•PwC, Accenture, McKinsey, FAO and 11 others
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mPharma Launches Hypertension Test and Treat Program to Control Hypertension in AfricaZawya•Oct 04, 2022•mPharma
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Ghanaian health tech company mPharma buys most of Nigerian company HealthPlusTech In Africa•Sep 17, 2022•mPharma, Alta Semper Capital
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mPharma acquires majority stake in Nigerian pharmacy chain HealthPlusAfrica Business Communities•Sep 16, 2022•mPharma, HealthPlus, Alta Semper Capital
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mPharma Acquires Majority Stake in HealthPlusZawya•Sep 15, 2022•mPharma, Empire, HealthPlus, Health Plus
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mPharma launches Data-driven insights platform to empower African pharmacies in decision makingAfrica Business Communities•Jul 01, 2022•mPharma
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mPharma reaffirms commitment to affordable healthcare service in AfricaBusiness and Financial Times•May 12, 2022•mPharma
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