Saudi Arabia-based healthtech company Aumet has secured $12 million in Series A funding as it pushes to scale its AI-powered procurement infrastructure across healthcare systems in the Gulf and other emerging markets. The round was led by Emkan Capital, with participation from Qatar Development Bank, SABAH VC, AAIC, and existing investor Shorooq.
The funding will support the expansion of Aumet’s AI-first procurement operating system, which the company says is designed to modernize how pharmacies, hospitals, suppliers, and healthcare institutions manage purchasing, inventory, and supply chain decisions. The company is also planning broader enterprise deployments across the GCC, particularly in Saudi Arabia, where healthcare digitization efforts continue to accelerate under national transformation initiatives.
Founded by Yahya Aqel and Adel Haddad, Aumet has positioned itself as a technology layer connecting different parts of the healthcare ecosystem into a single procurement and intelligence network. Instead of operating purely as a marketplace, the platform increasingly focuses on predictive analytics, automated procurement workflows, and real-time supply chain visibility.
Expanding Across Healthcare Systems
The platform currently processes more than $1 billion in gross merchandise value annually and facilitates over 5 million transactions each year. Aumet says it has connected more than 12,000 pharmacies with over 1,000 pharmaceutical suppliers across Saudi Arabia, Jordan, and Egypt.
The company’s enterprise technology has also expanded beyond retail pharmacy operations. Aumet stated that its systems are now deployed across 32 hospitals, more than 500 medical centers, and over 18 medical warehouses, including public healthcare infrastructure projects. Its first enterprise deployment took place at Al-Basheer Hospital in Jordan before expanding through partnerships with Jordan’s Ministry of Health and Ministry of Digital Economy and Entrepreneurship.
Regional Healthcare Digitization Push
Aumet is additionally working with Presight, a G42-backed AI company, to expand procurement intelligence systems across public healthcare networks in the UAE. The collaboration reflects a wider regional push toward digitized healthcare logistics and AI-assisted procurement management.
Yahya Aqel, co-founder and CEO of Aumet, said: “Healthcare supply chains don’t suffer from lack of supply they suffer from lack of intelligence. Globally, companies such as Clarium are addressing similar enterprise supply chain challenges in developed markets. Aumet is uniquely positioned to solve these challenges across emerging markets, where healthcare systems are more fragmented and require localized, data-driven infrastructure.”
The company argues that fragmented procurement systems create inefficiencies for hospitals and pharmacies, particularly in emerging markets where healthcare infrastructure can vary significantly between regions and institutions. By centralizing procurement data and automating purchasing decisions, Aumet aims to reduce waste, improve visibility, and streamline supplier coordination.
The funding round also highlights growing investor appetite for AI-focused healthcare infrastructure platforms in the Middle East. While much of the region’s recent startup funding activity has centered on fintech and consumer technology, healthcare logistics and procurement software have increasingly attracted attention as governments invest heavily in digital transformation and operational efficiency.
Mahmoud Adi, Founding Partner at Shorooq, said: “Aumet is building the infrastructure layer for one of the most critical and complex systems in healthcare. What stands out is not just the scale they’ve achieved, but the depth of integration across the healthcare value chain.”
Meanwhile, Ghassan Aloshban, Partner at Emkan Capital, added: “The company combines scale, deep market understanding, and AI-driven intelligence to address one of the most critical operational challenges in healthcare today.”
Expanding Beyond the GCC
The company said the fresh capital will be used to expand its AI capabilities, increase enterprise deployments, and enter additional markets beyond the GCC. It also plans to continue developing its three primary product layers: “Pulse” for individual pharmacies, “Chain” for pharmacy groups, and “Enterprise” for hospitals and national healthcare systems.
The latest raise comes as healthcare systems globally face mounting pressure to improve procurement efficiency, reduce operational waste, and strengthen supply chain resilience after years of disruptions affecting pharmaceutical availability and medical inventory management. In Gulf markets specifically, digital procurement systems are becoming increasingly important as governments expand healthcare infrastructure and seek more centralized oversight of spending and logistics.
Saudi Arabia’s investment climate also reflects broader ambitions to strengthen local healthcare technology capabilities while building more data-driven public and private healthcare systems.
