mPharma

Accra, Ghana Founded: 2013 • Age: 13 yrs
Provider of pharmacy management services and software for stock management for patients and pharmacies
Annual revenue - Latest available
Total funding $95.3M 11 rounds
Employees - Tracked headcount
Investors 21 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About mPharma

mPharma is a company based in Accra (Ghana) founded in 2013. mPharma has raised $95.34 million across 11 funding rounds from investors including Citi, Social Capital and Unbound. mPharma has completed 4 acquisitions, including Haltons Pharmacy, HealthPlus and Vine Pharmaceuticals. mPharma offers products and services including Mutti Card and Inventory Management Solutions. mPharma operates in a competitive market with competitors including OmniSYS, Xevant, Pharmagest, Pharmarack and Scripta Insights, among others.

  • Headquarter Accra, Ghana
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $95.34 M (USD)

    in 11 rounds

  • Latest Funding Round
    Not available
  • Investors
    Citi

    & 20 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of mPharma

mPharma offers a comprehensive portfolio of products and services, including Mutti Card and Inventory Management Solutions.

Product name locked
Category locked
Primary

Easy payment scheme for affordable medicine access

Product name locked
Category locked
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System for predicting and managing medicine stock efficiently

Funding Insights of mPharma

mPharma has successfully raised a total of $95.34M across 11 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in mPharma

mPharma has secured backing from 21 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Citi, Social Capital and Unbound.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund investing in multiple sectors
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Seed and early-stage technology companies are funded by Lux Capital.
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US focused VC firm investing in seed & growth stage companies
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Investor details for mPharma

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by mPharma

mPharma has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Haltons Pharmacy, HealthPlus and Vine Pharmaceuticals.

Investments
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Investment portfolio details for mPharma

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Pharmaceutical products and services are dispensed in Kampala, Uganda.
Locked Locked 2019 Locked
Augmented and virtual reality immersive experiences are developed.
Locked Locked 2013 Locked
Patient consultations and online medical products are provided.
Locked Locked 1999 Locked
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Complete acquisition details for mPharma

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  • Domains and locations

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Financial Statements - mPharma

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Detailed financials for mPharma

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Mpharma Comparisons

mPharma Primary company
Description
Provider of pharmacy management services and software for st...
Location
Accra, Ghana
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for mPharma

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Competitors of mPharma

mPharma operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OmniSYS, Xevant, Pharmagest, Pharmarack and Scripta Insights, among others.

Company Name Domain Founded year HQ Location Description
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Offers medical billing services for pharmacies and manages business policies and relationships.
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A SaaS-based platform for pharmacy benefit management is provided.
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Pharmacy management software is developed and integrated for drugstores worldwide.
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SaaS-based pharmacy management solutions are offered to retailers and distributors.
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AI-driven pharmacy benefit management software is provided for pharmacies.
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Detailed competitors of mPharma

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Latest news on Mpharma

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Complete news archive for mPharma

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Frequently Asked Questions about mPharma

mPharma was founded in 2013 and raised its 1st funding round 2 years after it was founded.

mPharma is headquartered in Accra, Ghana. It is registered at Accra, Greater Accra, Ghana.

mPharma is a funded company, having raised a total of $95.34M across 11 funding rounds to date.

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.

mPharma's top competitors include Scripta Insights, KareXpert and Pharmarack.

mPharma offers Mutti Card and Inventory Management Solutions.

mPharma has made 4 acquisitions, including Haltons Pharmacy, HealthPlus, and Vine Pharmaceuticals.

mPharma has 21 investors. Key investors include Citi, Social Capital, Unbound, Dompé, and British International Investment.

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