Riyadh - Sharikat Mubasher: Aumet, a leading AI-first procurement operating system for healthcare, successfully closed a $12 million series A funding round, led by Emkan Capital, with participation from Qatar Development Bank, SABAH Fund, and AAIC.

Aumet announced in a press release today that the new capital will help it scale its AI capabilities, expand enterprise deployments, and enter new markets across the GCC and beyond.

The round saw participation from existing investors Shorooq Partners and Right Side Capital Management, alongside strategic healthcare investors Cigalah Group and Salehiya Trading Company, Aumet.

Aumet will also use the new investment to scale its cloud-based system, Pulse, globally. Pulse combines inventory management, marketplace, and AI-powered procurement automation.

Yahya Aqel, CEO and Co-founder of Aumet, said: “At Aumet, we are building the AI-first operating system that powers procurement decisions across the entire healthcare ecosystem, from individual pharmacies to national healthcare systems. Our ambition is to take what we’ve built in the Middle East and scale it globally.”

Founded in 2016, Aumet is building the foundational infrastructure layer that powers procurement, inventory, and decision-making across the healthcare ecosystem.

It has evolved across three major product layers: Pulse, the first system globally at scale to integrate inventory and marketplace for pharmacies; Chain, a solution enabling centralized procurement and AI-driven decision-making across multi-branch pharmacy operations; and Enterprise, an AI-powered cognitive procurement OS designed for hospitals, ministries of health, and national healthcare systems.