i’Supply, Egypt’s pharma distribution marketplace, raises $1.5m in a pre-seed round

i’Supply, Egypt’s pharma distribution marketplace, raises $1.5m in a pre-seed round

i‘Supply, a tech-enabled distribution marketplace connecting pharma businesses and financing small and medium wholesalers and pharmacies, raised $1.5 million in a pre-seed round led by Disruptech Ventures among other investors. 

“Launched in 2021, i’Supply aims to transform wholesale medicine distribution in the MENA region and Africa by focusing on supporting and empowering mid and small-sized wholesalers and pharmacies. The company is building a reliable and integrated network that enhances and augments traditional brick-and-mortar platforms with data-driven disruptive sales, distribution, and procurement solutions that optimize the procurement processes and provide a one-stop-shop solution that supports the industry’s stakeholders to quickly predict and overcome supply chain disruptions” said Ibrahim Emam, CEO of i’Supply.

The startup plans to use the funds over the next year to onboard 60K pharmacies, launch distribution & financing services, and expand regionally to Africa and the MENA Region.

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