Saudi Healthcare Startup Aumet Raises $12M to Expand AI Procurement Platform
Aumet, a Saudi-based healthcare supply chain company, closed a Series A funding round of $12 million to scale its AI-powered procurement system across the Middle East and beyond. The round was led by Emkan Capital, with participation from Qatar Development Bank, SABAH Fund, and AAIC, alongside existing investors Shorooq Partners and Right Side Capital Management.
The company operates an operating system that connects pharmacies, hospitals, and suppliers through a single digital platform. It currently serves Saudi Arabia, Jordan, Egypt, and Oman.
The Problem It Solves
Healthcare supply chains across emerging markets remain fragmented. Hospitals, pharmacies, and suppliers typically operate across disconnected systems, creating inefficiencies in procurement and inventory management.
Aumet positions itself as the infrastructure layer that consolidates procurement, inventory, and decision-making into one platform. The company operates three product tiers: Pulse for individual pharmacies, Chain for pharmacy networks, and Enterprise for hospitals and national healthcare systems.
What the Funding Enables
With the new capital, Aumet plans to expand its AI capabilities, scale Pulse globally, and grow enterprise deployments across new GCC markets.
Yahya Aqel, CEO and co-founder, said: "At Aumet, we are building the AI-first operating system that powers procurement decisions across the entire healthcare ecosystem - from individual pharmacies to national healthcare systems. Our ambition is to take what we've built in the Middle East and scale it globally."
Why This Matters for Healthcare Operations
The funding reflects growing investor interest in AI for Operations that solve real operational inefficiencies. It also signals momentum behind enterprise healthcare technology in the region, particularly as startups move beyond marketplace models toward infrastructure-focused enterprise software.
The investor mix - combining financial backers with healthcare industry players like Cigalah Group and Salehiya Trading Company - indicates that sector-specific enterprise technology is becoming a larger focus area within MENA venture capital.
The next phase will test how quickly Aumet can scale beyond existing markets while managing larger healthcare networks and public sector deployments. Its expansion may also signal how AI-driven procurement systems begin integrating more deeply into healthcare infrastructure across the region.
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