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Famasi Africa | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Angel investors, Seed funding, Accelerator/Incubator
Number of Funding Phases
3
Business Type
Private Company

All you need to know about Famasi Africa

Famasi Africa is a platform for pharmacies that links people and businesses to pharmacy services.

DispensaryPOS, our comprehensive operating system for pharmacies, simplifies the management of medications and optimizes pharmacy operations to increase profitability.

We offer software solutions for individuals and provide APIs for businesses to aid in streamlining their medication management and customizing care.

Famasi is committed to simplifying the lives of Africans by offering high-quality care with access, convenience, and support.

As recognition of our efforts, we have been selected as one of the 29 startups in Africa for the 2nd cohort of the i3 program.

Additionally, we are proud to be one of the seven Nigerian startups participating in the 2023 Tech Crunch Startup Battlefield 200.

Famasi provides a final-stage care solution for people in Africa who need consistent medication.

We offer convenient and easily accessible assistance to patients and healthcare professionals who need monthly medications.

Famasi's digital platforms and APIs allow patients to request, monitor, and renew their prescriptions, while providers can recognize and provide remote monitoring for their patients.

  • Famasi is headquartered in Lekki, Nigeria.
  • Famasi has 2-10 employees.
  • Famasi was founded in 2021.
  • Adeola Ayoola is the CEO of Famasi.
  • Famasi’s primary industry is Healthcare Technology Systems.

Our Mission

  • Simplify Medication Management: By offering features like refill automation and doorstep delivery, we aim to make it easier for people to stick to their medication schedules
  • Expand Access to Digital Healthcare: To build infrastructure to support a broader digital health ecosystem in Africa.

Our Vision

Creating a seamless and patient-centered experience for managing healthcare needs in Africa, potentially going beyond just medications.

Our goal is to facilitate 1 million prescription refills in five African nations within the next five years, spanning East and West Africa. According to our plan, our APIs will be integrated into fintech and super apps, enabling individuals to receive same-day medication delivery, medication insurance, and personalized care services through their wearables and a mobile app.

CEO | Adeola Ayoola

Our Services

1. Discreet Doorstep Delivery

They partner with verified pharmacies to deliver medications directly to your doorstep. Obtain your prescribed medications at the time and location that is convenient for you from accredited pharmacies.

2. Automated Refills

We automate refills for your recurring medications. Ensure you always have enough medications by arranging your deliveries to maximize efficiency.

3. Unlimited Ongoing Support

We provide free consultations with care specialists to help you stay on track with your medications. Get complimentary counseling from our Care Specialist to help you stay consistent with your medications and overall care.

Famasi Africa 💕 They don’t just dish out your drugs. They include that friendly, caring touch that could really save someone on the edge.

Customer Testimonials

Company Co-founders
Umar Faruq Akinwunmi
Adeola Ayoola

Famasi Africa
Business Model

The Company major services and product include: Startup, Healthcare, Pharmacy, Virtual Care, and Care Coordination

The Company was Founded
The Company was established on
January 2, 2021
HeadQuarters
The Company has its Operational Headquarters at Lagos, Nigeria
Industry
The Company is contributing to the development of the Industry Health Care
Staff Strength since Inception
The Company prides in her team member of about 1 - 50 active members

Famasi Africa Business Model

The Company major services and product include: Startup, Healthcare, Pharmacy, Virtual Care, and Care Coordination

yes
Have they recieved Funding from VCs
yes
Have they recieved Funding from VCs
yes
How many number of Funding rounds?
What is the company's Networth
Company Net worth as of 2023

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