Buymed - New High-Impact Entrepreneurs Join Endeavor in December

Buymed – New High-Impact Entrepreneurs Join Endeavor in December

This month, Endeavor selected 17 entrepreneurs leading 12 companies at our 101st International Selection Panel (ISP) held December 11-13, 2024 in Miami. The organization now supports 2,666 entrepreneurs leading 1,629 companies in 45+ countries around the world.

Each ISP is the culmination of a rigorous, multi-step selection journey to identify high-impact entrepreneurs from all over the world. We seek founders with the greatest growth potential and those who commit to reinvesting time and resources into their local entrepreneurial ecosystems to help build the next generation of entrepreneurs, sparking a Multiplier Effect. During the ISP, our panelists interviewed entrepreneurs about their businesses and evaluated their potential for high-impact growth. The panelists then discuss the candidates and vote on whether to select them to become Endeavor Entrepreneurs.

Panelists

Thank you to our outstanding group of panelists:

Nick Beim, Venrock (Endeavor Global Board Member); Emiliano Abramzon, Nearpod (Endeavor Entrepreneur, Endeavor Miami Board Member); Ernest Bachrach, Advent International (Endeavor Miami Board Chair); Fırat İşbecer, Commencis (Endeavor Entrepreneur, Endeavor Turkey Board Member); Ilan Benhaim, Veepee (Endeavor Morocco Board Member); Mac Schuessler, Evertec (Endeavor Puerto Rico Board Member); Melvyn Lubega, Go1 (Endeavor Entrepreneur, Endeavor South Africa Board Member); Sergio Fogel, dLocal (Endeavor Entrepreneur, Endeavor Uruguay Board Member); Tjaart Van Der Walt, TymeBank (Endeavor Entrepreneur, Endeavor South Africa Board Member); Danila De Stefano, Unobravo (Endeavor Entrepreneur); Dave Salvant, SQUIRE (Endeavor Entrepreneur); Devon Townsend, Cameo (Endeavor Entrepreneur); Florian Hagenbuch, Canary (Endeavor Entrepreneur); Roberto Dagoni, 2TM Group (Endeavor Entrepreneur); Francisco Alvarez-Demalde, Riverwood Capital (Endeavor Global Ambassador); Aaron Karczmer, former PayPal; Andy Tsao, SVB; Dan Green, Gunderson; Javier Villamizar, SoftBank; Lisa Shalett, former Goldman Sachs; Mauro Schnaidman, IGC Partners; Michele Levy, Melissa Shoes; Patrick McGinnis, The xQuotient.

Our New Entrepreneurs

Learn more about the entrepreneurs and the innovative companies they are building.

Buymed

Entrepreneur: Hoang Nguyen
Endeavor Office: Vietnam

What they do: Founded in 2018, Buymed is addressing the inefficiencies and fragmentation of Southeast Asia’s pharmaceutical industry, starting with Vietnam. Thuocsi is Buymed’s B2B marketplace connecting pharmaceutical suppliers to pharmacies and healthcare providers across Vietnam, with in-house last-mile and warehousing capabilities. Following the success of its platform, the company also launched Circa, a B2B2C e-pharmacy with an offline franchising model. Today, Buymed’s Thuocsi platform is the go-to B2B medicine sourcing solution for over 40,000 businesses, and its Circa e-pharmacy houses over 300 franchisee pharmacies across Vietnam.

Who they are: Hoang Nguyen began his career as a Strategy Consultant at Solidiance, focusing on healthcare investment projects across Asia for three years. He then spent two years working as a Healthcare Management Consultant in China before heading to the US to co-found his first venture. In 2016, he co-founded Dentalaborate in Los Angeles, building a profitable dental platform before returning to Southeast Asia in search of a more scalable business model. Returning to Vietnam in 2018, he co-founded Buymed, leveraging his healthcare industry expertise to address challenges in pharmaceutical distribution.