Aumet

The firm’s business centers on a digital marketplace that connects pharmaceutical manufacturers, distributors, and healthcare providers, with a primary focus on pharmacies. Operating in key markets such as Saudi Arabia, Jordan, and Egypt, Aumet serves a network of over 10,000 pharmacies. The platform is engineered to streamline procurement, enabling healthcare providers to aggregate bulk orders for better pricing and manage inventory efficiently. Aumet generates revenue through its comprehensive platform that facilitates transactions and data exchange within the healthcare supply chain.

Aumet's core product is an AI-enabled platform featuring the "Aumet Marketplace" mobile application and an integrated enterprise resource planning (ERP) system. This digital marketplace allows pharmacists to order medicines, cosmetics, and medical supplies directly from a wide array of distributors. Key functionalities include predictive analytics for forecasting procurement needs, which helps pharmacies optimize stock levels and reduce costs. The system also provides auto-inventory management with real-time ERP integration, automated stock replenishment, and multiple payment options, thereby digitizing the entire ordering and payment cycle. Since its inception, Aumet has secured significant funding, including a $7 million Pre-Series A round, to enhance its AI capabilities and expand its market reach.