Aumet, a Saudi Arabia-based AI-first procurement operating system for healthcare, has raised $12 million in Series A funding.
Investors
The round was led by Emkan Capital, with participation from Qatar Development Bank, SABAH VC, AAIC, Shorooq Partners, and Right Side Capital Management.
Emkan Capital is a Riyadh-based venture capital firm focused on investing in early-stage technology startups across the GCC and broader MENA region. The firm primarily backs Seed and Series A companies in sectors such as fintech, healthtech, logistics, AI, cybersecurity, and enterprise technology. Beyond capital investment, Emkan Capital emphasizes hands-on mentorship, venture formation support, strategic guidance, and access to international investor networks to help startups scale into globally competitive businesses.
Aumet Use of Funds
The company will use the funding to expand its AI capabilities, scale enterprise deployments, grow its Pulse platform globally, and enter new markets across the GCC and beyond.
About Aumet
Founded in 2016 by Yahya Aqel, Adel Haddad, and Shahed Jaber, Aumet is a healthtech company building an AI-first procurement operating system for the healthcare sector. Its platform connects pharmacies, suppliers, hospitals, and healthcare systems through solutions focused on procurement, inventory management, and supply chain intelligence. The company’s platform includes Pulse for individual pharmacies, Chain for pharmacy groups, and Enterprise for hospitals and ministries of health. Aumet currently serves more than 12,000 pharmacies across Jordan, Egypt, and Saudi Arabia. Its enterprise solutions are deployed across dozens of hospitals, medical centers, and warehouses in collaboration with Jordan’s Ministry of Health and Presight.
Funding Details
Company: Aumet, Inc.
Raised: $12.0M
Round: Series A
Funding Date: May 2026
Lead Investor: Emkan Capital
Additional Investors: Qatar Development Bank, SABAH VC, AAIC, Shorooq Partners, Right Side Capital Management
Company Website: https://aumet.com/
Software Category: Healthcare Procurement & Supply Chain Software
Source: https://www.wamda.com/2026/05/aumet-closes-12-million-series-a-led-emkan-capital