i'SUPPLY operates a fully digital pharmaceutical distribution platform that connects more than 10,000 pharmacies with over 200 distribution companies and offers over 10,000 products. The platform processes nearly 1 billion Egyptian pounds in annual transaction volume and issues over 1 million purchase orders each year. Since launch, i'SUPPLY's transactions and revenues grew fivefold from the start of 2024 through May versus the same period in 2023. The company achieved profitability in under 18 months, reflecting operational efficiency and effective capital management. With the new funding, i'SUPPLY plans to expand its services, broaden fintech offerings, and enhance technology across the pharmaceutical supply chain. Management intends to obtain a license from the Egyptian Financial Regulatory Authority this year to enable financing for small and medium-sized pharmacies.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2024