Medsaf
Healthtech drug supply chain
- Category:
- Health
- Country:
- Nigeria
- Founded:
- 2016
- Cause of Failure:
- Outstanding debts, failed fundraising, failed acquisition
- Outcome:
- Shutdown
- Shut Down in:
- March 2025
- Founders:
- Joao Pinheiro, Temitope Awosika, Vivian Nwakah
- Number of Founders:
- 3
- Number of Employees:
- 51-100
- Funding Amount:
- $7.00 M
- Funding Rounds:
- Seed
- Notable Investors:
- Samurai Incubate, Google Launchpad Accelerator
About Medsaf
Medsaf was a Nigerian healthtech startup that provided a platform for hospitals and pharmacies to manage their drug supply chain. The startup aimed to improve the efficiency and transparency of the drug supply chain in Nigeria.
What went wrong?
Medsaf faced significant financial challenges, including outstanding debts and failed fundraising efforts. The startup also attempted to sell its assets to a competitor, but the deal fell through, leading to its shutdown.
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Nigeria's Medsaf quietly shuts down after raising over $7 million to digitise drug supplySubscribe to our newsletter
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