DrugStoc
Latest round
- Series A
Last raised
- Nov 2021
Total raised
- $4.4M
Investors
- 3
About DrugStoc
DrugStoc is a procurement platform focused on anti-counterfeit medications and medical supplies, catering primarily to healthcare providers in emerging markets.DrugStoc is an innovative procurement platform that specializes in providing authentic medications and medical supplies. Founded in 2012 and headquartered in Lagos, Nigeria, the company has completed 3 deals to date.DrugStoc offers a procurement platform designed to provide anti-counterfeit medications and essential medical supplies, collaborating with over 400 pharmaceutical manufacturers. Its extensive catalog features more than 7,000 items, including specialty medications, medical consumables, and rare drugs.The revenue model for DrugStoc revolves around a business-to-business (B2B) strategy, facilitating transactions between healthcare providers and pharmaceutical manufacturers. Clients order products directly through the platform, which also offers additional services such as inventory automation and access to collateral-free loans. The company is focused on launching new products designed to improve the procurement experience for healthcare providers. Additionally, DrugStoc aims to enter new markets across Africa and other emerging regions by 2023, enhancing access to healthcare products and services.
Who invested in DrugStoc
3 investors across 1 round
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Funding rounds
Series A
Nov 15, 2021
Amount
$4.4M
Investors
Questions about DrugStoc
Who invested in DrugStoc?
DrugStoc has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has DrugStoc raised?
DrugStoc has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did DrugStoc last raise money?
DrugStoc's most recent round on record is a Series A, in Nov 2021.
What does DrugStoc do?
DrugStoc is a procurement platform focused on anti-counterfeit medications and medical supplies, catering primarily to healthcare providers in emerging markets.
Where is DrugStoc headquartered?
DrugStoc is headquartered in Lagos, Nigeria.
Which VCs invest in companies like DrugStoc?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back internet companies at DrugStoc's stage. Their profiles are linked below.
VCs backing internet startups at Series A
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