About Pharmacity
Pharmacity is a company based in Ho Chi Minh City (Vietnam) founded in 2011 by Chris Blank was acquired by Mekong Capital in May 2019.. Pharmacity has raised $31.59 million across 2 funding rounds from investors including Mekong Capital. Pharmacity offers products and services including Medicines and Health and Beauty Products.
- Headquarter Ho Chi Minh City, Vietnam
- Founders Chris Blank
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Sectors
Healthcare
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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 Công Ty Cổ Phần Dược Phẩm Pharmacity
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.59 M (USD)
in 2 rounds
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Latest Funding Round
$31.59 M (USD), Series C
Feb 03, 2020
- Investors
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Employee Count
Employee Count
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Acquired by
Mekong Capital
(May 08, 2019)
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Products & Services of Pharmacity
Pharmacity offers a comprehensive portfolio of products and services, including Medicines and Health and Beauty Products. 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.
Medicines for various health conditions are supplied and distributed through retail and online channels.
Health supplements and beauty items are offered alongside consultations for customer needs.
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Funding Insights of Pharmacity
Pharmacity has successfully raised a total of $31.59M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $31.59 million completed in February 2020. 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 C — $31.6M
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First Round
First Round
(01 Jun 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Series C - Pharmacity | Valuation |
investors |
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| Jun, 2019 | Amount | Debt – Conventional - Pharmacity | Valuation |
investors |
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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 Pharmacity
Pharmacity has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Mekong Capital. 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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Mekong Capital is recognized as a leading private equity firm in Vietnam.
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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 Pharmacity
| 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 - Pharmacity
| 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 |
Pharmacity Comparisons
Competitors of Pharmacity
| 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 Pharmacity
When was Pharmacity founded?
Pharmacity was founded in 2011 and raised its 1st funding round 8 years after it was founded.
Where is Pharmacity located?
Pharmacity is headquartered in Ho Chi Minh City, Vietnam.
Who is the current CEO of Pharmacity?
Chris Blank is the current CEO of Pharmacity. They have also founded this company.
Is Pharmacity a funded company?
Pharmacity is a funded company, having raised a total of $31.59M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $6.48M, raised on Jun 01, 2019.
What does Pharmacity do?
Pharmacity was founded in 2011 in Ho Chi Minh City, Vietnam, as a chain focused on pharmaceutical retail. Operations are centered on providing prescription and over-the-counter medications, health products, and related services through multiple store locations. The sector involves pharmacy distribution and consumer health retail, with headquarters based in Vietnam. Leadership is provided by founder and CEO Chris Blank, overseeing expansion in the domestic market.
What products or services does Pharmacity offer?
Pharmacity offers Medicines and Health and Beauty Products.
Who are Pharmacity's investors?
Pharmacity has 1 investor. Key investors include Mekong Capital.