Aumet raises $12M to build AI procurement OS for healthcare
What's the deal? Aumet, a Saudi-based startup building an AI-powered procurement platform for healthcare, has raised $12M in a Series A round. The company connects pharmacies, hospitals, and suppliers through a single digital platform that handles procurement, inventory management, and decision-making.
The round was led by Emkan Capital, with participation from Qatar Development Bank, SABAH Fund, and AAIC. Existing investors Shorooq Partners and Right Side Capital Management also joined, alongside healthcare-focused backers Cigalah Group and Salehiya Trading Company.
Founded by Yahya Aqel and Adel Haddad, Aumet operates across Saudi Arabia, Jordan, Egypt, and Oman. It plans to use the funds to expand AI capabilities, grow enterprise deployments, and enter new GCC markets.
Why now? Healthcare supply chains across emerging markets remain deeply fragmented. Hospitals, pharmacies, and suppliers often rely on disconnected systems, creating inefficiencies that drive up costs and slow operations. Aumet is positioning itself as the infrastructure layer that ties procurement workflows together.
The company operates across three product layers: Pulse for individual pharmacies, Chain for multi-branch pharmacy operations, and Enterprise — a cognitive procurement OS designed for hospital systems.
"We are building the AI-first operating system that powers procurement decisions across the entire healthcare ecosystem — from individual pharmacies to national healthcare systems," said Yahya Aqel, chief executive officer and co-founder. "Our ambition is to take what we've built in the Middle East and scale it globally."
What could go wrong? Healthcare procurement is notoriously complex, governed by layers of regulation that vary across markets. Scaling across multiple GCC countries means navigating different compliance regimes, supplier networks, and institutional cultures — none of which move quickly.
Enterprise sales cycles in healthcare are long. Convincing hospital systems and government buyers to adopt a new procurement OS requires deep trust and proven reliability, both of which take time to build.
The signal: This raise reflects two converging trends: growing investor appetite for AI-driven enterprise infrastructure, and rising interest in healthcare technology across the Gulf. As GCC governments pour money into healthcare modernisation, startups that digitise back-office operations — procurement, supply chain, inventory — stand to benefit.
Aumet's bet is that the region's healthcare systems need a purpose-built procurement layer, not generic tools bolted on after the fact. If it can prove that model in the Middle East, the playbook could travel well beyond it.
Read more: waya.media
