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iethico logo — Connecting supply and demand to bridge the drug shortage gap...

iethico

Connecting supply and demand to bridge the drug shortage gap. Powered by people, augmented by AI

Founded 2020 United Kingdom Harrogate, United Kingdom 11 employees Convertible Note Total: $1.20M AI, Health Care +2

General Information

Company Name iethico
Founded Year 2020
Location United Kingdom Harrogate, United Kingdom
Employees 11
Industries AI, Health Care, Information Technology +1
Funding Stage Convertible Note
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About iethico

is a UK-based startup focused on bridging the drug shortage gap by connecting supply and demand. Founded in 2020, the company's innovative medicine sourcing solution leverages AI, machine learning, and information technology to empower pharmacists with access to hard-to-find medicines while reducing costs in the supply chain. By linking pharmacists with suppliers globally, streamlines medicine sourcing, addresses drug supply chain deficiencies, and offers cost savings for pharmacies. The company's £400.00K Convertible Note investment in July 21, 2023 demonstrates investor confidence, signaling potential growth opportunities. With a focus on enhancing healthcare services and aiding suppliers in expanding into new markets, presents an opportunity to address critical healthcare challenges while driving efficiencies in the pharmaceutical industry.

Business keywords: Medicine Shortage, Drug Shortage, Supply Chain, AI-powered, Medicine Sourcing, Pharmacies, Regulatory Process, MHRA-approved, Healthcare Professionals, NHS Trusts, Medicine Access, Marketplace

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note £400.00K -
21 Jul 2023
Series A Undisclosed 1
Future Planet Capital
Future Planet Capital
01 Jul 2023
Grant Undisclosed 1
Innovate UK
Innovate UK
31 Oct 2022
Seed Round £625.00K 2
Future Planet Capital Midlands Engine Investment Fund
Future Planet Capital, Midlands Engine Investment Fund
27 Sep 2022
Pre Seed Round £175.00K 1
Bhavik Bajaj
08 Feb 2022

iethico Alternatives & Competitors

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iethico vs
Ennova Health
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iethico vs
LogicStream Health Inc.
LogicStream Health Inc. United States

LogicStream Health stands as a trusted partner in a community of high-performing healthcare organiza...

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iethico vs
Dropmed AB
Dropmed AB Sweden

Sveriges medicinska marknadsplats.

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5 employees
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View all alternatives

FAQ About iethico

Connecting supply and demand to bridge the drug shortage gap. Powered by people, augmented by AI
iethico was founded in 2020.
iethico is headquartered in Harrogate, United Kingdom.
iethico operates in AI, Health Care, Information Technology and Machine Learning. Its work centres on Medicine Shortage, Drug Shortage, Supply Chain and AI-powered.
iethico has approximately 11 employees.
iethico has completed 5 funding rounds, raising a total of $1.20M. The latest funding stage is Convertible Note.
Top alternatives and competitors to iethico include Ennova Health, LogicStream Health Inc., Dropmed AB, Vamstar. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
iethico and Ennova Health are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for iethico, https://bouncewatch.com/company/iethico, updated 29 December 2024. When citing, please name BounceWatch and link this page.

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