Who We Are

Our story

Healthcare is essential, but fragmented supply chains in Southeast Asia hinder quality and access. In 2018, we launched BuyMed with a vision to transform healthcare in Southeast Asia by combining technology, expertise, and genuine care. Now, as a fast-growing health tech company, our 1,000+ team works to deliver quality healthcare products to those in need.

buymed maps

Our Development Path

2017
<p>Founded in <b>Singapore</b></p>

Founded in Singapore

2018
<p>Open office in <b>Vietnam</b> with its 1st 50sqm warehouse with <b>US$50k GMV/month</b></p>

Open office in Vietnam with its 1st 50sqm warehouse with US$50k GMV/month

2020
<p>The Covid-19 pandemic accelerated digital adoption in healthcare as in-person interactions decreased. From Q1 2020 to Q1 2022, the GMV and active customers on the thuocsi.vn platform grew by double digits.</p>

The Covid-19 pandemic accelerated digital adoption in healthcare as in-person interactions decreased. From Q1 2020 to Q1 2022, the GMV and active customers on the thuocsi.vn platform grew by double digits.

2021
<p>In 2021, Buymed raised <b>$9 million</b> in Series A funding led by Smilegate Investment, supporting expansion across Vietnam and Southeast Asia.</p>

In 2021, Buymed raised $9 million in Series A funding led by Smilegate Investment, supporting expansion across Vietnam and Southeast Asia.

2022
<p>Expand to <b>Cambodia</b> and <b>Thailand</b></p>

Expand to Cambodia and Thailand

2023
<p>Secure <b>US$51.5M</b> in Series B fundraising round from major regional investors</p>

Secure US$51.5M in Series B fundraising round from major regional investors

2024
<p>Serving <b>38,000+</b> pharmacies<br /> Over <b>US$1M</b> GMV/month in Cambodia and <b>1,300</b> active users in Thailand</p>

Serving 38,000+ pharmacies
Over US$1M GMV/month in Cambodia and 1,300 active users in Thailand

2017
2018
2020
2021
2022
2023
2024