Aumet, Saudi-based healthtech startup, raised $7 million from a global venture capital and private equity firms in a Pre-Series A funding round. The round witnessed participation from healthcare investors and pharmaceutical conglomerates such as AAIC, AIJ Holdings, Hamad Ali Sagri family office, Tijah Holdings, Cigalah Group and Shorooq Partners.
Aumet plans to use the funds raised to develop its AI capabilities further, expand its reach to more pharmacies, and provide greater access to affordable healthcare products for consumers.
The startup was founded in Jordan in 2016 and it serves over 10,000 pharmacies across three core markets, including Saudi Arabia, Jordan and Egypt. It aims to achieve its promise of securing the lives of a billion of people by digitalizing the medicine and medical procurement cycle globally.
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