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
Last Funding Round:: 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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Case study: The factors that led to Medsaf's closure

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