DrugStoc
OperatingDrugStoc is a Nigerian Pharmaceuticals startup that offers secure and interactive procurement services
- Pharmaceuticals
- Lagos, Nigeria
- Non-equity Assistance
- Founded 2016
- drugstoc.com ↗
- Total raised
- $4.5M
- disclosed
- Last round
- $50K
- Non-equity Assistance
- Rounds
- 5
- since 2016
- Investors
- 6
- on record
- Employees
- 51-200
DrugStoc funding and investors
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).
- Lead investors
- 4
- Largest round
- $4.4M
- Average round
- $1.5M
- disclosed rounds
- Round cadence
- 12 mo
- average gap
- $65KGrantGrant, $65K, $65K raised to date
- $4.4MSeries ASeries A, $4.4M, $4.5M raised to date
- $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
DrugStoc funding rounds5 · newest first
26 Sep 2022 · led by Investing in Innovation (i3)
- Series A$4.4M
15 Nov 2021 · led by Asia Africa Investment & Consulting
- Grant$65K
17 Nov 2019
- VentureUndisclosed
28 Jun 2019 · led by Growth Capital Fund by Co-Hub
- Convertible NoteUndisclosed
01 Oct 2018 · led by VestedWorld
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 26 Sep 2022 | Non-equity Assistance | Investing in Innovation (i3) | $50K |
| 15 Nov 2021 | Series A | Asia Africa Investment & Consulting · KFW DEG, Liam O’Connor, VestedWorld | $4.4M |
| 17 Nov 2019 | Grant | Investors not disclosed | $65K |
| 28 Jun 2019 | Venture | Growth Capital Fund by Co-Hub | Undisclosed |
| 01 Oct 2018 | Convertible Note | VestedWorld | Undisclosed |
Investors in DrugStoc6 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| VestedWorldImpact Investor | Lead in 1 of 2 | Convertible Note, Series A | Oct 2018 |
| Growth Capital Fund by Co-HubVenture Capital | Lead | Venture | Jun 2019 |
| Asia Africa Investment & ConsultingSeed Fund | Lead | Series A | Nov 2021 |
| Investing in Innovation (i3)Impact Investor | Lead | Non-equity Assistance | Sep 2022 |
| KFW DEGVenture Capital | Participant | Series A | Nov 2021 |
| Liam O’ConnorPrivate Equity | Participant | Series A | Nov 2021 |
Frequently asked about DrugStoc
- 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.
Profile updated Source: SLA Startup IndexHow we count →
