Founded in 2013, mPharma operates the Mutti pharmacy network, an asset-light franchise model that lets independent pharmacies join its platform while retaining ownership. The company uses proprietary software to optimize inventory management, pricing, and supply-chain logistics, reducing costs and improving medicine availability for consumers. Its QualityRx program standardizes pharmacy operations and quality of care. mPharma’s network spans multiple African countries, and it is now prioritizing expansion into Francophone West Africa. More than half of its newest capital injection will fund launches in Togo and Benin while enhancing inventory efficiency across its multi-pharmacy footprint. By integrating technology with on-the-ground pharmacy partnerships, mPharma aims to build resilient local health systems and broaden equitable access to essential medicines.

Total raised

$68M

Funding rounds

6

Latest round

Series D

Latest activity

Jan 2022