Aumet has raised $12 million in Series A funding to expand its AI-first procurement operating system for healthcare across the GCC and international markets. The round was led by Emkan Capital, with participation from Qatar Development Bank, SABAH VC, AAIC, and existing investor Shorooq. The Riyadh-announced financing comes as healthcare systems seek more efficient ways to manage purchasing, inventory, and supplier coordination in increasingly complex operating environments.
Funding to Support Regional and Global Expansion
The new capital will support Aumet’s efforts to scale its procurement platform across healthcare systems, with a particular focus on enterprise deployments in the GCC. Saudi Arabia is expected to be a key growth market, where the company is working with national healthcare infrastructure and responding to demand for more modern procurement systems. Aumet said the investment will also help it strengthen its AI capabilities and enter additional markets beyond the region.
Building a Digital Procurement Layer for Healthcare
Founded by Yahya Aqel and Adel Haddad, Aumet is positioning itself as an infrastructure layer for healthcare procurement, inventory management, and data-driven decision-making. Its platform connects pharmacies, hospitals, suppliers, and healthcare systems through a unified network designed to provide real-time visibility across the supply chain. By using AI to support procurement workflows, the company aims to reduce inefficiencies caused by fragmented systems, regulatory requirements, and operational pressure.
Scale Across Emerging Markets
Aumet has processed more than $1 billion in gross merchandise value and facilitates over 5 million transactions annually. The company’s network connects more than 12,000 pharmacies with over 1,000 pharmaceutical suppliers across Jordan, Egypt, and Saudi Arabia. Its enterprise system has also been deployed across 32 hospitals, more than 500 medical centers, and over 18 medical warehouses, including large-scale public healthcare infrastructure.
Public Healthcare Deployments and Strategic Partnerships
The company’s enterprise platform was initially deployed at Al-Basheer Hospital in Jordan before expanding through collaborations with national institutions. These include work with Jordan’s Ministry of Health and Ministry of Digital Economy and Entrepreneurship, reflecting Aumet’s role in public-sector healthcare modernization. Aumet is also working with Presight, a G42 company, to scale its AI procurement system across public healthcare networks in the UAE.
Investor Confidence in Healthcare AI
Investors backing the round pointed to Aumet’s ability to combine market reach, operational knowledge, and AI-driven infrastructure in a sector where procurement remains a major challenge. Mahmoud Adi, Founding Partner at Shorooq, said the company stands out because of its scale and integration across the healthcare value chain. Ghassan Aloshban, Partner at Emkan Capital, said Aumet is addressing one of healthcare’s most critical operational problems through intelligence-led systems.
Aumet’s Series A round highlights growing investor interest in applied AI platforms that solve operational problems in essential sectors such as healthcare. The company is targeting a market where supply chains often struggle less with product availability than with visibility, coordination, and data-driven execution. As healthcare systems across emerging markets and the GCC continue to digitize, Aumet is seeking to become a core procurement operating system for institutions that need greater efficiency, resilience, and transparency.