About Chemist Direct
Chemist Direct is a company based in Oldbury (United Kingdom) founded in 2007 was acquired by Pharmacy2U in July 2016. Chemist Direct has raised $18.35 million across 4 funding rounds from investors including Pharmacy2U, Atomico and dmg media. The company has 43 employees as of March 31, 2020. Chemist Direct offers products and services including Online Pharmacy Platform, Prescription Services, and Over-the-Counter Medicines. Chemist Direct operates in a competitive market with competitors including Pharmacy2U, LloydsDirect, Health & Her, Chemist4U and Novalar Pharm, among others.
- Headquarter Oldbury, United Kingdom
- Employees 43 as on 31 Mar, 2020
- Stage Minicorn
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Direct Healthcare Limited
- Date of Incorporation 21 Aug, 2007
- Jurisdiction LEEDS, ENGLAND
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Annual Revenue
$17.57 M (USD)0as on Mar 31, 2017
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Net Profit
-$2.74 M (USD)0as on Mar 31, 2017
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EBITDA
Not available
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Total Equity Funding
$18.35 M (USD)
in 4 rounds
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Latest Funding Round
$8.35 M (USD), Series B
Jul 02, 2016
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Investors
Pharmacy2U
& 4 more
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Employee Count
43
as on Mar 31, 2020
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Acquired by
Pharmacy2U
(Jul 04, 2016)
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Products & Services of Chemist Direct
Chemist Direct offers a comprehensive portfolio of products and services, including Online Pharmacy Platform, Prescription Services, and Over-the-Counter Medicines.
Platform for buying medicines and health products online
Service for managing and delivering NHS prescriptions
Range of non-prescription items for common ailments
People of Chemist Direct
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Funding Insights of Chemist Direct
Chemist Direct has successfully raised a total of $18.35M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $8.35 million completed in July 2016. 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.
Investors in Chemist Direct
Chemist Direct has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Pharmacy2U, Atomico and dmg media.
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Tech-based companies are invested in by Atomico venture capital fund.
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Term loans are provided to SMEs by BMS Finance.
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Investor details for Chemist Direct
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Investments & Acquisitions by Chemist Direct
Investment portfolio details for Chemist Direct
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Financial Statements - Chemist Direct
Detailed financials for Chemist Direct
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Chemist Direct Comparisons
Peer comparison for Chemist Direct
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Competitors of Chemist Direct
Chemist Direct operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pharmacy2U, LloydsDirect, Health & Her, Chemist4U and Novalar Pharm, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online pharmacy and teleconsultation platform
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Prescription medicines are ordered and delivered via an online platform.
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Women's health products and symptom tracking tools are provided online.
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Prescription medicines and health products are sold online by Chemist4U.
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Online pharmacy store
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Detailed competitors of Chemist Direct
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Latest news on Chemist Direct
Complete news archive for Chemist Direct
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Frequently Asked Questions about Chemist Direct
Chemist Direct was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Chemist Direct is headquartered in Oldbury, United Kingdom.
Chemist Direct is a funded company, having raised a total of $18.35M across 4 funding rounds to date.
As of Mar 31, 2020, the latest employee count at Chemist Direct is 43.
Annual revenue of Chemist Direct is $17.57M as on Mar 31, 2017.
Chemist Direct was founded in 2007 and is headquartered in Oldbury, United Kingdom. Operations focus on the online pharmacy sector, with distribution extending to Europe. Services include secure web-based consultations from qualified doctors and email advice from in-house pharmacists on health issues. Medicines are supplied through the platform, adhering to pharmaceutical standards while maintaining competitive pricing.
Chemist Direct's top competitors include Pharmacy2U, Health & Her and LloydsDirect.
Chemist Direct offers Online Pharmacy Platform, Prescription Services, and Over-the-Counter Medicines.
Chemist Direct has 5 investors. Key investors include Pharmacy2U, Atomico, dmg media, BMS Finance, and Alvarium.
The valuation of Chemist Direct is $31.39M as of Jul 2016.