About Digital Pharmacist
Digital Pharmacist is a company based in Austin (United States) founded in 2010.. Digital Pharmacist has raised $106.5 million across 2 funding rounds from investors including K1 Investment Management, Active Venture Partners and Live Oak Ventures. Digital Pharmacist has completed 1 acquisition, including PocketRx. Digital Pharmacist offers products and services including Patient Engagement Platform, Branded Healthsite and Mobile App, Digital Marketing, and Interactive Voice Response (IVR). Digital Pharmacist operates in a competitive market with competitors including Tact, Aktana, Carebook, Waltz Health and AcuityMD, among others.
- Headquarter Austin, United States
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Sectors
TechnologyHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Digital Pharmacist Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$106.5 M (USD)
in 2 rounds
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Latest Funding Round
$100 M (USD), Series D
Mar 11, 2019
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Investors
K1 Investment Management
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Digital Pharmacist
Digital Pharmacist offers a comprehensive portfolio of products and services, including Patient Engagement Platform, Branded Healthsite and Mobile App, Digital Marketing, and Interactive Voice Response (IVR). The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Drives revenue and improves patient retention for pharmacies through digital workflows.
Enables secure prescription management and patient communication via customizable apps.
Helps pharmacies attract customers through ads and reputation management tools.
Automates pharmacy calls and tasks for efficient operations and support.
Funding Insights of Digital Pharmacist
Digital Pharmacist has successfully raised a total of $106.5M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in March 2019. 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 Series D — $100.0M
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First Round
First Round
(06 Jun 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Series D - Digital Pharmacist | Valuation | K1 Investment Management |
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| Jun, 2017 | Amount | Series B - Digital Pharmacist | 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 Digital Pharmacist
Digital Pharmacist has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include K1 Investment Management, Active Venture Partners and Live Oak Ventures. 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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B2B enterprise SaaS investments are managed by K1 Investment Management.
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Founded Year | Domain | Location | |
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Tech sectors in Europe are targeted by this VC firm.
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Founded Year | Domain | Location | |
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Venture capital fund investing across early-stage tech startups
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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 Digital Pharmacist
Digital Pharmacist has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PocketRx. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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An app to help patients manage their prescriptions, and is sold to pharmacy chains
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Digital Pharmacist
| 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 |
Digital Pharmacist Comparisons
Competitors of Digital Pharmacist
Digital Pharmacist 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 Tact, Aktana, Carebook, Waltz Health and AcuityMD, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based customer engagement software for life science industries is provided.
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| domain | founded_year | HQ Location |
AI-based engagement tools for pharmaceutical sales effectiveness are provided.
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| domain | founded_year | HQ Location |
Provider of online medical records and patient communication platform
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| domain | founded_year | HQ Location |
Prescription costs are managed via AI for payers and consumers.
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| domain | founded_year | HQ Location |
Platform offering CRM software to the medical industry
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| 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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Latest news on Digital Pharmacist
Frequently Asked Questions about Digital Pharmacist
When was Digital Pharmacist founded?
Digital Pharmacist was founded in 2010 and raised its 1st funding round 7 years after it was founded.
Where is Digital Pharmacist located?
Digital Pharmacist is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Digital Pharmacist a funded company?
Digital Pharmacist is a funded company, having raised a total of $106.5M across 2 funding rounds to date. The company's 1st funding round was a Series B of $6.5M, raised on Jun 06, 2017.
What does Digital Pharmacist do?
Digital Pharmacist was founded in 2010 and is headquartered in Austin, United States. SaaS solutions are provided to community pharmacies in the healthcare sector for customer relationship management and enhanced online presence. Services include tools for branded mobile app and website development, a dashboard for social media oversight, and a patient engagement app that supports medication management, digital refills, and adherence programs.
Who are the top competitors of Digital Pharmacist?
Digital Pharmacist's top competitors include Aktana, Tact and Waltz Health.
What products or services does Digital Pharmacist offer?
Digital Pharmacist offers Patient Engagement Platform, Branded Healthsite and Mobile App, Digital Marketing, and Interactive Voice Response (IVR).
How many acquisitions has Digital Pharmacist made?
Digital Pharmacist has made 1 acquisition, including PocketRx.
Who are Digital Pharmacist's investors?
Digital Pharmacist has 3 investors. Key investors include K1 Investment Management, Active Venture Partners, and Live Oak Ventures.
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