Fundraising Fox

Aumet

500 Global

Founded 2016 · 171 employees on LinkedIn · 16 known investors

Aumet operates Pulse, a mobile platform for pharmacies that tracks inventory and sales in real time, sends low-stock and expiry alerts, and lets pharmacies reorder from distributors, compare supplier offers, and sell excess stock. It includes AI-based demand forecasting to automate reordering, and serves pharmacies with a footprint noted in Jordan.

Also known as Aumet for Healthcare Technology · Aumet Technologies · أومت

Founders & leadership

Aumet was founded in 2016 by Shahed Jaber.

SJShahed Jaber
Shahed JaberinFounderFounder of Aumet, a healthtech company behind Pulse, a mobile inventory and sales platform for pharmacies. He has a background in pharmacy and experience in business development, having built healthcare marketplaces across the MENA region.
AHAdel Haddad
Adel HaddadinFounder
AS
Ashraf Samhouri
MB
Mohamed Batterji
TK
Tariq Khader
YA
Yahya Aqel

Investors · 16

Also in the syndicate · 9

AAICAAIC InvestmentAIJ HoldingsCigalah GroupHamad Ali Sagri family officeRight Side Capital ManagementSABAH FundSalehiya Trading CompanyTijah Holdings

Funding

SEC filings, press & company announcements

$24M disclosed across 2 of 4 rounds · 2023–2026

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Aumet is a healthcare technology company that builds software for pharmaceutical procurement, inventory management and B2B commerce. Its platform links pharmacies, pharmaceutical manufacturers, distributors and warehouses so that ordering, stock visibility and purchasing decisions can be handled digitally, with data exchanged among the parties. The company describes itself as a Saudi company originally established in the United States, operating across Saudi Arabia, Jordan, Egypt, Oman and the wider Gulf, with offices in Jordan, Egypt, Oman and Saudi Arabia.

The product line is organised in three layers. Pulse is a cloud-based system for individual pharmacies that combines point of sale, inventory management, one-click supplier ordering through a marketplace and peer-to-peer sales between pharmacies, plus AI-based demand forecasting and automated reordering. It sends alerts for low stock and approaching expiry, allows comparison of live distributor offers, supports selling excess stock to nearby pharmacies, and continues to process point-of-sale transactions offline, syncing inventory when connectivity returns. Chain extends centralised procurement and multi-branch decision-making to pharmacy groups. Enterprise is a procurement operating system aimed at hospitals, ministries of health and national healthcare systems.

Alongside the pharmacy management stack, Aumet operates a mobile marketplace app for pharmacists that provides supplier catalogues, discounts and bonuses from partner warehouses, order tracking from warehouse to pharmacy, direct chat with distributors and price comparison. The app is free and available in Saudi Arabia, Jordan, Egypt and Oman, with a Premium tier offering best-seller data, alternative-product pricing, out-of-stock notifications and active-ingredient search. The pharmacy solution is stated to be certified under Saudi government regulations including Rasd, Wasfati and the Zakat, Tax and Customs Authority.

Founding story

Aumet was founded in 2016 by Yahya Aqel, Adel Haddad and Shahed Jaber, with Yahya Aqel serving as CEO and co-founder and Adel Haddad as co-founder.

Business model

Aumet sells software to healthcare providers and operates a B2B marketplace connecting pharmacies with pharmaceutical suppliers and warehouses. Pulse is offered on a self-serve basis with a free trial requiring no card, setup or onboarding calls, and pharmacies register with a phone number. The marketplace app for pharmacies is free, with a Premium tier of additional features, while enterprise deployments are contracted with hospitals, ministries and national health systems.

Traction

The company reports more than 12,000 pharmacies across Jordan, Egypt and Saudi Arabia, over 1,000 connected pharmaceutical suppliers, more than $1 billion in gross merchandise value, over five million transactions annually, and more than 100,000 products listed with over 160 warehouses on the marketplace app. Earlier, at the time of the 2023 pre-Series A, it served over 10,000 pharmacies across Saudi Arabia, Jordan and Egypt. Its Enterprise product was first deployed at Al-Basheer Hospital, the largest hospital in Jordan, and has scaled to 32 hospitals, more than 500 medical centres and over 18 medical warehouses; Jordan's Minister of Health is quoted saying real-time medicine redistribution between hospitals saved 2.3 million Jordanian dinars in three months.

Latest developments

In May 2026 Aumet announced the close of a $12 million Series A led by Emkan Capital, with Qatar Development Bank, SABAH Fund (Azerbaijan) and AAIC participating alongside existing investors Shorooq Partners and Right Side Capital Management and strategic healthcare investors Cigalah Group and Salehiya Trading Company. Proceeds are directed at expanding AI capabilities, scaling Pulse globally, growing enterprise deployments and entering new GCC and international markets. The company also signed an agreement with Presight, an Abu Dhabi-based AI company, to scale its AI procurement system across Jordan's public healthcare system.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Aumet describes itself as the largest B2B healthcare solution provider in its markets and aims to become the world's largest B2B healthcare marketplace. Coverage of its Series A positions it as one of the larger healthcare commerce and data platforms in the Middle East, addressing in emerging markets the enterprise healthcare supply-chain problem that companies such as Clarium target in the United States.

Pulse is described as the first system at scale globally to integrate pharmacy inventory management with a supplier marketplace in one product, adding AI-driven procurement automation on top. Other stated differentiators include instant onboarding without setup or sales calls, offline-capable point of sale with automatic resync, cross-branch real-time inventory, peer-to-peer sale of excess stock between nearby pharmacies, price transparency across distributors, and certification with Saudi regulatory systems.

Technology

A cloud-based platform combining point of sale, real-time inventory synchronised across branches, a supplier marketplace and peer-to-peer pharmacy trading. Artificial intelligence is used for predictive analytics on demand and procurement — forecasting seasonal demand, recommending order timing and quantity, and automating reordering — plus alerting on expiry and low stock. The point-of-sale component operates offline and reconciles inventory once the connection is restored. The enterprise tier is presented as a cognitive procurement operating system for hospital and national health systems, and the platform integrates with Saudi regulatory systems (Rasd, Wasfati, ZATCA).

Go-to-market

The company uses a low-friction self-serve motion for individual pharmacies — free trial, no demo or lengthy onboarding, sign-up by phone number and migration from legacy systems — alongside a registration form and direct sales for chains. Enterprise sales run through public-sector channels, including deployment with Jordan's Ministry of Health and Ministry of Digital Economy and Entrepreneurship and a partnership with Abu Dhabi-based AI company Presight to scale the procurement system across the public healthcare system. Distribution also occurs via mobile app stores and supplier partnerships with pharmaceutical companies such as Sanofi and Abbott, whose representatives describe using Aumet to reach pharmacies across MENA.

Independent pharmacies, multi-branch pharmacy chains, pharmaceutical warehouses and manufacturers, distributors, hospitals, clinics, and public-sector healthcare bodies including ministries of health.

Geography

Operations and offices in Jordan, Saudi Arabia, Egypt and Oman, with the company also citing activity in the Gulf Cooperation Council and France, and a base in the United States. The pharmacy app is available in Saudi Arabia, Jordan, Egypt and Oman, with stated plans to extend to other Middle Eastern markets, and the Series A is earmarked for growth across the GCC and international markets.

History

Aumet was established in 2016 and was originally incorporated in the United States before becoming a Saudi company. It expanded from a B2B marketplace connecting pharmacies with suppliers into a broader procurement platform, adding the Pulse pharmacy management system, the Chain product for multi-branch operators and the Enterprise procurement system for hospitals and health ministries. The company states its history includes global funding rounds, acquisitions, product launches and expansion into new markets; it raised $7 million in a pre-Series A announced in March 2023 and $12 million in a Series A led by Emkan Capital reported in May 2026. It was selected for the UAE's Future100 list for 2023.

Risks & controversies

Scale figures such as gross merchandise value and pharmacy counts are company-disclosed and have not been independently audited, according to coverage of the Series A.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Gross merchandise value processedMay 2026$1B
Hospitals using Enterprise solutionMay 202632 hospitals
Medical centers using Enterprise solutionMay 2026500 medical centers
Medical warehouses using Enterprise solutionMay 202618 warehouses
Pharmaceutical suppliers connectedMay 20261,000 suppliers
Pharmacies on platformMay 202612,000 pharmacies
Pharmacies servedMar 202310,000 pharmacies
Products available on platformJan 2026100,000 products
Savings reported by Jordan Ministry of Health from hospital medicine redistributJan 20262.3 million JOD saved in three months
Transactions per yearMay 20265,000,000 transactions
Warehouses on marketplace appJan 2026160 warehouses

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
May 2026
Aumet closes $12 million Series A led by Emkan Capital

Series A led by Emkan Capital with participation from Qatar Development Bank, SABAH Fund, AAIC, existing investors Shorooq Partners and Right Side Capital Management, and strategic investors Cigalah Group and Salehiya Trading Company; funds allocated to AI expansion, enterprise deployments and GCC and international growth.

$12M source ↗

May 2026
Agreement with Presight to scale AI procurement system in Jordan's public healthcare

Presight, an Abu Dhabi-based AI company, signed an agreement with Aumet to scale the AI procurement operating system across Jordan's public healthcare system; the enterprise deployment was implemented with Jordan's Ministry of Health and Ministry of Digital Economy and Entrepreneurship.

source ↗

May 2026
Enterprise procurement OS deployed at Al-Basheer Hospital and scaled nationally

Aumet's Enterprise solution was first deployed at Al-Basheer Hospital in Jordan and has since scaled to 32 hospitals, more than 500 medical centers and over 18 medical warehouses.

source ↗

Mar 2023
Aumet raises $7 million pre-Series A

Aumet for Healthcare Technology raised $7 million in a pre-Series A round from investors including AAIC, AIJ Holdings, Tijah Holdings, the Hamad Ali Sagri family office, Cigalah Group and earlier backer Shorooq Partners, to develop its AI capabilities and reach more pharmacies.

$7M source ↗

Jan 2023
Selected for the UAE's Future100 list

Aumet states it was selected for the UAE's Future100 list for 2023.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Aumet do?
Aumet runs an AI-driven procurement, inventory and marketplace platform for pharmacies, chains and hospital systems.
Who founded Aumet?
Aumet was founded by Shahed Jaber in 2016.
Who are Aumet's investors?
Aumet's investors include 500 Global, Shorooq Partners, Emkan Capital, Guinness Ventures, Impact46, Nama Ventures, Qatar Development Bank.
How much funding has Aumet raised?
Aumet has disclosed $24M raised across 2 of its 4 known rounds.