About DIMEC
DIMEC is a Healthcare company based in United Kingdom founded in 2010 by Andrew Bailey and Chris Turner, and was acquired by Co-op in September 2018. It operates as a prescription and OTC medications are ordered via a mobile application. Its chief executive is Andrew Bailey. The company was acqui-hired. Its focus areas include HealthTech, Healthcare Booking Platforms, Pharmacies and Drugs. Its competitors include Pharmacy2U, LloydsDirect, Health & Her, Chemist4U and Novalar Pharm and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
Founded in 2010 in the United Kingdom, DIMEC functions as an online pharmacy within the health technology sector. A mobile application is utilized by users to order prescription medicines and over-the-counter products, with prescriptions required to be uploaded. Repeat orders are facilitated, and medication reminders are included to support user adherence. Operations focus on digital access to pharmaceuticals.
Investors in DIMEC
DIMEC has secured backing from 1 investor. Prominent investors backing the company include Co-op.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Retail stores provides food & beverages products | 1844 | coop.co.uk | Manchester, United Kingdom |
Investor details for DIMEC
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People of DIMEC
2 people are tracked at DIMEC (2 in leadership).
| Name | Role | Group |
|---|---|---|
Andrew Bailey | Co-Founder & CEO | Leadership |
Chris Turner | Co-Founder & CXO | Leadership |
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Timeline of DIMEC
2 dated milestones of DIMEC across 8 years, from founding to its latest funding, stage changes and deals.
- Founded DIMEC is founded.
- Exit Acquired by Co-op.
Competitors of DIMEC
DIMEC has 9 listed competitors in our database, 5 of them funded. They include Pharmacy2U, LloydsDirect, Health & Her, Chemist4U and Novalar Pharm, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pharmacy2u.co.uk | 1999 | Leeds, United Kingdom | $313.25M | 400 | Online pharmacy and teleconsultation platform | |
| lloydsdirect.co.uk | 2015 | Perivale, United Kingdom | $11.47M | – | Prescription medicines are ordered and delivered via an online platform. | |
| healthandher.com | 2017 | Cardiff, United Kingdom | – | 21 | Women's health products and symptom tracking tools are provided online. | |
| chemist-4-u.com | 2001 | Skelmersdale, United Kingdom | $14.97M | – | Prescription medicines and health products are sold online by Chemist4U. | |
| novalarpharm.com | 2000 | Manchester, United Kingdom | $53.23M | – | Online pharmacy store | |
| chemistdirect.co.uk | 2007 | Oldbury, United Kingdom | $18.35M | 43 | Online pharmacy store | |
| numark-pharmacy.co.uk | 2001 | Shepshed, United Kingdom | – | 53 | Online platform for purchasing licensed medicines and health consultations with delivery. | |
| well.co.uk | 1945 | Manchester, United Kingdom | – | – | Operates an online pharmacy for prescription delivery and medicine access. | |
| expresschemist.co.uk | 2001 | Maidstone, United Kingdom | – | 1,470 | Online pharmacy providing health, beauty, and pharmaceutical products via website. |
Detailed competitors of DIMEC
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Top companies in Digital Health & Telemedicine
10 companies that operate in the same segment as DIMEC (Digital Health & Telemedicine), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 230.8 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An application is provided for comparing prescription drug prices nationwide. | 2011 | Santa Monica, California, United States | USD 22.21 M | USD 796.85 M | 1,063 | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M | – | – | |
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | 802 | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – | |
Telehealth solutions are provided for doctors and patients' consultations. | 2006 | Boston, Massachusetts, United States | USD 887.35 M | USD 115.54 M | 742 | |
Digital health services for men's wellness are offered by Ro. | 2017 | New York, New York, United States | USD 1.03 B | – | 1,485 | |
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits | 2006 | Sunnyvale, California, United States | USD 943.53 M | USD 189.9 M | 562 |
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Related news about Dimec
Complete news archive for DIMEC
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Frequently Asked Questions about DIMEC
DIMEC was founded in 2010.
DIMEC is headquartered in United Kingdom.
Andrew Bailey is the current CEO of DIMEC. They have also founded this company.
Founded in 2010 in the United Kingdom, DIMEC functions as an online pharmacy within the health technology sector. A mobile application is utilized by users to order prescription medicines and over-the-counter products, with prescriptions required to be uploaded. Repeat orders are facilitated, and medication reminders are included to support user adherence. Operations focus on digital access to pharmaceuticals.
DIMEC's top competitors include Pharmacy2U, Health & Her and LloydsDirect.
DIMEC has 1 investor. Key investors include Co-op.
Yes. DIMEC was acquired by Co-op in September 2018.