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DrugStoc

Operating

DrugStoc is a Nigerian Pharmaceuticals startup that offers secure and interactive procurement services

Updated Source: SLA Startup IndexHow we verify →
Total raised
$4.5M
disclosed
Last round
$50K
Non-equity Assistance
Rounds
5
since 2016
Investors
6
on record
Employees
51-200

About DrugStoc

DrugStoc is a secure and interactive procurement platform (Online/Offline) that empowers healthcare providers by giving access to safe and quality pharmaceutical products through our consolidated supply chain system.

DrugStoc funding5 rounds

All 5 rounds →

DrugStoc has raised $4.5M across 5 disclosed rounds. The latest is a $50K Non-equity Assistance announced 26 Sep 2022, led by Investing in Innovation (i3).

Capital growthrunning total of disclosed rounds
  1. $65KGrantGrant, $65K, $65K raised to date
  2. $4.4MSeries ASeries A, $4.4M, $4.5M raised to date
  3. $50KNon-equity AssistanceNon-equity Assistance, $50K, $4.5M raised to date

SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn

AnnouncedRoundLead · investorsAmount
26 Sep 2022DrugStoc Non-equity AssistanceInvesting in Innovation (i3)$50K
15 Nov 2021DrugStoc Series AAsia Africa Investment & Consulting +3$4.4M
17 Nov 2019DrugStoc GrantNot disclosed$65K
28 Jun 2019DrugStoc VentureGrowth Capital Fund by Co-HubNot disclosed
01 Oct 2018DrugStoc Convertible NoteVestedWorldNot disclosed

DrugStoc founders & team

DrugStoc competitorssame sector · similar funding

  • FlologPharma

    FlologPharma delivers emergency medicines and pharmacist consultations across Nigeria ensuring privacy and accessibility. · Nigeria

  • Aframend

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  • 10mg Pharma

    10mg Pharma is providing AI-driven cost savings on chronic pain medications through improved access to financiers for healthcare providers · Nigeria

  • Remedial Health

    Remedial Health is a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient · Nigeria

  • Axmed

    Axmed accelerates access to high-quality and affordable medicines through business and technology innovation. · Nigeria

  • Heathtracka

    Healthtracka is a digital health platform that makes lab testing easy and convenient with at-home sample collection and digital results. · Nigeria

All 9 Pharmaceuticals startups in Nigeria

Frequently asked about DrugStoc

Where is DrugStoc based and when was it founded?
DrugStoc is headquartered in Lagos, Nigeria and was founded in 2016.
Who is the CEO of DrugStoc?
Chibuzo Opara is DrugStoc's CEO.
How much funding has DrugStoc raised?
DrugStoc has raised $4.5M across 5 disclosed rounds. Its latest, a $50K Non-equity Assistance, was announced on Sep 26, 2022.
Who has invested in DrugStoc?
Backers include Investing in Innovation (i3), Asia Africa Investment & Consulting, KFW DEG, Liam O’Connor and 2 others.
What sector is DrugStoc in?
DrugStoc operates in Pharmaceuticals, Health Care and Procurement.