mPharma Overview
- Year Founded
-
2013
- Status
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Private
- Employees
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425
- Latest Deal Type
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Later Stage VC
- Investors
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36
mPharma General Information
Description
Developer of a pharmaceutical data analytics platform designed to make prescription drugs accessible and affordable in emerging markets. The company's platform manages prescription drug inventory for pharmacies and their suppliers and helps them to prescribe and locate the medicines they need and report adverse drug reactions, enabling pharmacies to guarantee the medicines that are needed are always available and affordable.
Contact Information
Website
www.mpharma.comCorporate Office
- Number 5 Park Street
- Accra, Greater Accra
- Ghana
Corporate Office
- Number 5 Park Street
- Accra, Greater Accra
- Ghana
mPharma Timeline
mPharma Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Later Stage VC | 04-Nov-2025 | Completed | Generating Revenue | |||
| 13. Accelerator/Incubator | 30-Apr-2025 | Completed | Generating Revenue | |||
| 12. Later Stage VC | 30-Jan-2024 | Completed | Generating Revenue | |||
| 11. Later Stage VC (Series D) | 15-Sep-2022 | Completed | Generating Revenue | |||
| 10. Accelerator/Incubator | 01-Jan-2021 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series C) | 10-Apr-2020 | Completed | Generating Revenue | |||
| 8. Grant | 15-Apr-2019 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series B) | 10-Jan-2019 | Completed | Generating Revenue | |||
| 6. Early Stage VC (Series A) | 24-Nov-2017 | $6.6M | $12.5M | Completed | Generating Revenue | |
| 5. Early Stage VC (Series 2) | 08-Jan-2016 | $5.02M | $5.91M | Completed | Startup |
mPharma Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C1 | ||||||||
| Series C | ||||||||
| Series B | ||||||||
| Series A | ||||||||
| Seed 2 | 8,198,837 | $0.000100 | $0.63 | $0.63 | 1x | $0.63 | 18.55% | |
| Seed 1 | 1,720,774 | $0.000100 | $0.34 | $0.34 | 1x | $0.34 | 3.89% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
mPharma Comparisons
Industry
Financing
Details
mPharma Competitors (4)
One of mPharma’s 4 competitors is Alto Pharmacy, a Formerly VC-backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Alto Pharmacy | Formerly VC-backed | San Francisco, CA | ||||
| GoodRx | Formerly PE-Backed | Santa Monica, CA | ||||
| Sempre Health | Venture Capital-Backed | San Francisco, CA | ||||
| Medplus (Nigeria) | Private Equity-Backed | Lagos, Nigeria |
mPharma Signals
mPharma Investors (36)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Growth Investment Partners Ghana | Corporation | Minority | ||
| Investing in Innovation | Accelerator/Incubator | |||
| Angel (individual) | Minority | |||
| Alarko Ventures | Corporate Venture Capital | Minority | ||
| Caravelle Investment | Growth/Expansion | Minority |
mPharma Acquisitions (3)
mPharma’s most recent deal was a Merger/Acquisition with HealthPlus Nigeria. The deal was made on 15-Sep-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| HealthPlus Nigeria | 15-Sep-2022 | Merger/Acquisition | Specialty Retail | ||
| Vine Pharmaceuticals | 27-Oct-2021 | Merger/Acquisition | Specialty Retail | ||
| Haltons Pharmacy | 28-May-2019 | Merger/Acquisition | Other Healthcare Services |
mPharma Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Haltons Pharmacy | Nairobi, Kenya | 2013 | |
| HealthPlus Nigeria | Lagos, Nigeria | 1999 |
mPharma FAQs
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When was mPharma founded?
mPharma was founded in 2013.
-
Where is mPharma headquartered?
mPharma is headquartered in Accra, Ghana.
-
What is the size of mPharma?
mPharma has 425 total employees.
-
What industry is mPharma in?
mPharma’s primary industry is Enterprise Systems (Healthcare).
-
Is mPharma a private or public company?
mPharma is a Private company.
-
What is mPharma’s current revenue?
The current revenue for mPharma is .
-
How much funding has mPharma raised over time?
mPharma has raised $89.4M.
-
Who are mPharma’s investors?
Growth Investment Partners Ghana, Investing in Innovation, , Alarko Ventures, and Caravelle Investment are 5 of 36 investors who have invested in mPharma.
-
Who are mPharma’s competitors?
Alto Pharmacy, GoodRx, Sempre Health, and Medplus (Nigeria) are competitors of mPharma.
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