Company Overview
Geographies Kenya, Nigeria
Core Service Areas Digital/ Product Distribution
Founder(s) Michael Moreland, Justin Lorenzon
Founded 2016
Core Offerings
Shelf Life allows community pharmacies and drug stores to subscribe to full-service vendor inventory management services for up to 1,500 products in each market. For each subscription, Shelf Life conducts demand forecasting and supply planning, procurement, delivery, stock taking, and inventory management. Pharmacies pay for stock supplied by Shelf Life only after the products sold, to reduce the pharmacy’s operational risks. Shelf Life’s set monthly pricing on products also protects pharmacies from the volatility and seasonality of commodity pricing.
Funding & Key Investors
BlueHaven Initiative, Imperial Strategic Fund, Accion Venture Lab, Bill & Melinda Gates Foundation