About DrugCard
DrugCard is a company based in Tallinn (Estonia) founded in 2020.. DrugCard has raised $288.35 thousand across 3 funding rounds from investors including Google, Farmak and New Nordic Ventures. DrugCard operates in a competitive market with competitors including Beijing Dongxie Network, biologit, Sentrx, My Meds & Me and Advera Health, among others.
- Headquarter Tallinn, Estonia
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Drugcards Oü
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$288.35 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
Google
& 3 more
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Employee Count
Employee Count
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Funding Insights of DrugCard
DrugCard has successfully raised a total of $288.35K across 3 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 3
- Last Round Last Round
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First Round
First Round
(09 Dec 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - DrugCard | Valuation | New Nordic Ventures |
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| Mar, 2022 | Amount | Grant - DrugCard | Valuation |
investors |
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| Dec, 2021 | Amount | Seed - DrugCard | Valuation | Think Bigger Capital , Farmak |
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| 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 DrugCard
DrugCard has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, Farmak and New Nordic 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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Seed-stage investments are made in Eastern European enterprise software startups.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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A technology company offering products and services, including search engine, cloud computing, advertising, email, productivity software, and more
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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 DrugCard
| 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 - DrugCard
| 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 |
Drugcard Comparisons
Competitors of DrugCard
DrugCard 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 Beijing Dongxie Network, biologit, Sentrx, My Meds & Me and Advera Health, 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 pharmacovigilance platform is developed for report analysis and monitoring.
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| domain | founded_year | HQ Location |
AI-based solutions for drug pharmacovigilance are provided.
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| domain | founded_year | HQ Location |
Specialized pharmacovigilance software and services are developed and provided.
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| domain | founded_year | HQ Location |
Adverse events and product quality are captured for life sciences.
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| domain | founded_year | HQ Location |
Provider of a SaaS based regulatory data analysis and pharmacovigilance platform for life science 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 Drugcard
Frequently Asked Questions about DrugCard
When was DrugCard founded?
DrugCard was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is DrugCard located?
DrugCard is headquartered in Tallinn, Estonia.
Who is the current CEO of DrugCard?
Dmytro Horilyk is the current CEO of DrugCard.
Is DrugCard a funded company?
DrugCard is a funded company, having raised a total of $288.35K across 3 funding rounds to date. The company's 1st funding round was a Seed of $288.35K, raised on Dec 09, 2021.
What does DrugCard do?
DrugCard was founded in 2020 in Tallinn, Estonia, within the pharmaceutical sector. Software solutions are offered to support pharmacovigilance processes, including legal compliance management, data analysis, and AI-enabled decision-making tools. Pharmacovigilance services are also extended to organizations to aid in regulatory adherence and risk assessment across global operations.
Who are the top competitors of DrugCard?
DrugCard's top competitors include biologit, Sentrx and My Meds & Me.
Who are DrugCard's investors?
DrugCard has 4 investors. Key investors include Google, Farmak, New Nordic Ventures, and Think Bigger Capital.
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