Axmed
Digital healthcare marketplace and procurement infrastructure for low- and middle-income countries
What it does
Axmed was founded in 2023 by Emmanuel Akpakwu, Felix Ohnmacht, and Sofia Radley-Searle to build a B2B medicine procurement platform for low- and middle-income countries. The platform aggregates healthcare buyer demand to purchase essential medicines directly from global pharmaceutical manufacturers at discounted prices. It is celebrated for lowering healthcare costs in emerging markets.
pharma-supplyb2b-marketplace
Known for
- B2B pharmaceutical procurement platform
- Essential medicine demand aggregation
- Global health supply-chain software
- Pharmaceutical price optimization
Model & industry
Healthcare
Funding history
$4.0M
Total raised
2
Rounds
Undisclosed
Latest stage
2024
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2024-05 | Seed | $2.0M | Founderful Ventures |
| 2024-05 | Undisclosed | $2.0M | Founderful Ventures |
Source: Condia Funding Tracker
Products & subsidiaries
Axmed B2B Marketplace · Health-Tech SaaS & Procurement Platform
People
Investors
Bill & Melinda Gates FoundationFounderful