Founded Year

2014

Stage

Debt | Alive

Total Raised

$74.87M

Last Raised

$5M | 7 mos ago

Revenue

$0000 

About mPharma

mPharma offers data analytics services for patients, health ministries and pharmaceutical companies with real-time information that allows them to best allocate resources for better and cheaper healthcare in developing countries.

mPharma Headquarters Location

Zion House East Legon

Accra,

Ghana

011-233-201-314-082

mPharma's Product Videos

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mPharma's Products & Differentiation

See mPharma's products and how their products differentiate from alternatives and competitors

  • Wholesale

    Supply and distribution of affordable high quality drugs (B2B)

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Expert Collections containing mPharma

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

mPharma is included in 3 Expert Collections, including Digital Health 150.

D

Digital Health 150

300 items

The winners of the second annual CB Insights Digital Health 150.

D

Digital Health

13,084 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

T

Telehealth

2,839 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

Latest mPharma News

mPharma Launches Data-driven Insights Platform to Empower African Pharmacies in Decision Making

Jul 1, 2022

mPharma Launches Data-driven Insights Platform to Empower African Pharmacies in Decision Making mPharma , a pan-African healthcare technology company, has launched a new customer-centric product, Facility Insights, on its proprietary data management and pharmacy transformation tool, Bloom. This product empowers Pharmacy owners with tailored data-driven pharmacy insights to solve operational problems and make more informed pharmacy management decisions. Facility Insights is now launched in 300+ pharmacies across Ghana, Nigeria, Zambia, Kenya, Malawi, and Rwanda, and is expected to be fully operational in all mPharma-partner pharmacies in nine African countries in the coming 3 months. The module is designed to solve the deep-rooted problem of pharmacies having limited data, and manually generating needed reports for decision making, contributing to error-prone data and poor user experiences. The easy-to-use platform allows Pharmacy owners to self-serve accurate and updated pharmacy data 24/7, generate cross-cutting sales, profits, and product reports over specific date intervals, measure highest and lowest selling products by months, obtain insights into mutti member retention, registrations, and more. Facility owners are already engaged with this new product, and are using it to generate relevant reports and insights for their pharmacies: “With the launching of the Facility Insights module in Bloom, we enjoy having all the necessary highlights and analytics of our transactions, and this helps us to know how much our work is progressing. The analytics therein are accurate and on-point. In a single click, I am able to get an interface showing charts, percentages, and progress levels of the activities as I compare them in certain periods of time.” said Jacques Tuyishimire, RPh, Pharmacist and Managing Director of Siloam Pharmacy, Kigali, Rwanda. He went on further to add “I mostly enjoyed the feature of being able to trace the comparative levels of sales, profits and the fast-moving products in different courses of time. This is amazing!” Dan Shoukimas, Chief Product Officer of mPharma, who helped in the engineering of this feature, had this to say: “Pharmacies today suffer from two problems at opposite ends of a spectrum. Either they lack the data and analytics tools they need, are hungry to get it, but don’t have the tools or training necessary to get it, or they have a glut of data but cannot leverage it to make better decisions. Facility insights is a key step forward in solving these and many other gaps in the pharmacist’s data toolbelt. With key reporting in place, there will be plenty of opportunities for us to uncover actionable insights that help our pharmacists provide the best care possible.” The Facility Insights team is keen on releasing products that directly solve the problems and hurdles of pharmacy management, and has a series of products in its roadmap that responds to this mission. Beyond reporting, the team will be working on tools that assist pharmacies to forecast future performance from past usage trends and provide intelligent recommendations that power pharmacy growth. mPharma is driven by its mission to build an Africa in good health. One key way it does this is by releasing technology-powered tools that directly solve the needs of its customers, partners, and clients. It has recently launched a Last-Mile Delivery platform that improves vehicle allotment efficiency and monitoring of driver delivery patterns, a Co-Insurance system that allows payments for patients with partial insurance cover in Gabon, and an e-commerce platform ( https://MyMutti.com/ ) that provides access to quality medicines and healthcare services at affordable prices in Ghana and Nigeria.

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  • When was mPharma founded?

    mPharma was founded in 2014.

  • Where is mPharma's headquarters?

    mPharma's headquarters is located at Zion House, Accra.

  • What is mPharma's latest funding round?

    mPharma's latest funding round is Debt.

  • How much did mPharma raise?

    mPharma raised a total of $74.87M.

  • Who are the investors of mPharma?

    Investors of mPharma include Social Capital, Novastar Ventures, Unbound, Citibank, JAM Fund and 17 more.

  • Who are mPharma's competitors?

    Competitors of mPharma include DrugStoc and 2 more.

  • What products does mPharma offer?

    mPharma's products include Wholesale and 2 more.

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