Emmanuel Akpakwu
CEO
Axmed
Axmed operates a technology‑enabled B2B marketplace that links institutional healthcare procurers in low‑ and middle‑income countries with vetted pharmaceutical suppliers, providing real‑time price transparency and integrated logistics. By aggregating demand, capping platform fees at 10 % and redeploying profits to health systems, the platform reduces procurement costs by up to 35 % and streamlines regulatory compliance and shipment tracking, expanding affordable access to essential medicines.
- Commerce & Shopping
- Enterprise Software
- Healthcare Technology
- Logistics & Supply Chain
Updated 5 months ago
Funding
Raised to date
$5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
In low‑ and middle‑income countries (LMICs), healthcare procurement is fragmented across silos, relies on outdated manual processes, and suffers from opaque pricing and complex logistics. This fragmentation drives high mark‑ups, delays, and limited access to affordable, quality medicines for millions of patients.
Solution
Axmed operates a technology‑enabled B2B marketplace that directly connects institutional procurers in LMICs with vetted pharmaceutical suppliers worldwide. By aggregating demand, providing real‑time price transparency, and integrating a SaaS logistics layer, the platform streamlines sourcing, regulatory compliance, and shipment tracking. The solution reduces procurement mark‑ups to a capped 10 %, redeploys a portion of profits to health systems, and generates 30‑35 % cost savings for buyers. Integrated advisory services further help partners navigate market entry, financing, and last‑mile delivery, creating a scalable infrastructure that expands affordable access to essential medicines across multiple therapeutic areas.
Target Audience
Primary customers are government procurement agencies, NGOs, multilateral organizations, faith‑based groups, and mission‑driven private health providers that source medicines and health products for populations in LMICs.
Features
- Digital B2B marketplace that aggregates fragmented demand and matches it with trusted global suppliers
- Built‑in price‑transparency engine that caps platform fees at 10 % and provides cost‑saving analytics
- SaaS logistics platform with real‑time shipment tracking, customs management, route optimization, and integration with top‑10 global logistics partners
- AI‑driven demand‑matching and quality‑intelligence tools that streamline pre‑qualification, GMP/GDP audits, and supplier selection
- Advisory module offering market‑entry strategies, financing mechanisms, and partnership development for sustainable health impact
- API and data‑exchange layer that supports regulatory compliance, inventory visibility, and integration with existing procurement systems