About Care Pharmacies
Care Pharmacies is a company based in Vaughan (Canada) founded in 2017 was acquired by Calgary Co-op in January 2024.. Care Pharmacies has raised $30 million across 2 funding rounds from investors including Crédit Mutuel Equity and Calgary Co-op. The company has 24 employees as of December 31, 2024.
- Headquarter Vaughan, Canada
- Employees 24 as on 31 Dec, 2024
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Crédit Mutuel Equity
& 1 more
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Employee Count
24
as on Dec 31, 2024
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Acquired by
Calgary Co-op
(Jan 02, 2024)
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Leadership Team
3 people
Pharmacy Team
1 people
Senior Team
1 people
Finance and Accounting
1 people
Unlock access to complete
Funding Insights of Care Pharmacies
Care Pharmacies has successfully raised a total of $30M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(03 Dec 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series B - Care Pharmacies | Valuation | Credit Mutuel Equity |
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| Dec, 2019 | Amount | Debt – Conventional - Care Pharmacies | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Care Pharmacies
Care Pharmacies has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Crédit Mutuel Equity and Calgary Co-op. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth and acquisition investments are managed by Credit Mutuel Equity.
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Founded Year | Domain | Location | |
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Member-owned cooperative providing groceries, pharmacies, gas stations, and health services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Care Pharmacies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Care Pharmacies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Care Pharmacies Comparisons
Competitors of Care Pharmacies
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Care Pharmacies
When was Care Pharmacies founded?
Care Pharmacies was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Care Pharmacies located?
Care Pharmacies is headquartered in Vaughan, Canada. It is registered at Vaughan, Ontario, Canada.
Is Care Pharmacies a funded company?
Care Pharmacies is a funded company, having raised a total of $30M across 2 funding rounds to date. The company's 1st funding round was a Series B of $30M, raised on Dec 03, 2019.
How many employees does Care Pharmacies have?
As of Dec 31, 2024, the latest employee count at Care Pharmacies is 24.
What does Care Pharmacies do?
Care was founded in 2017 in Vaughan, Canada, within the healthcare sector. Brokerage services for pharmacy practices are facilitated, connecting buyers and sellers in the industry. Operations center on matching opportunities for pharmacy acquisitions, sales, and transitions. The domain carepharmacies.ca supports these activities, focusing on Canadian markets. Expertise in regulatory compliance and valuation is applied to ensure smooth transactions for independent pharmacies.
Who are Care Pharmacies's investors?
Care Pharmacies has 2 investors. Key investors include Crédit Mutuel Equity, and Calgary Co-op.