About Pharmapacks
Pharmapacks is a company based in Hauppauge (United States) founded in 2011 by Adam J Berkowitz and Bradley Tramunti.. Pharmapacks has raised $322.5 million across 4 funding rounds from investors including Reckitt, JPMorgan Chase and The Carlyle Group. The company has 984 employees as of December 31, 2022. Pharmapacks operates in a competitive market with competitors including Blink Health, NimbleRx, Capsule, Phil and Drugstore.com, among others.
- Headquarter Hauppauge, United States
- Employees 984 as on 31 Dec, 2022
- Founders Adam J Berkowitz, Bradley Tramunti
- Stage Unicorn
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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
*********
- Legal Name Pharmapacks, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$322.5 M (USD)
in 4 rounds
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Latest Funding Round
$250 M (USD), Series D
Nov 12, 2020
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Investors
Reckitt
& 9 more
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Employee Count
984
as on Dec 31, 2022
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Funding Insights of Pharmapacks
Pharmapacks has successfully raised a total of $322.5M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $250 million completed in November 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 4
- Last Round Series D — $250.0M
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First Round
First Round
(12 Jun 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series D - Pharmapacks | Valuation | The Carlyle Group |
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| Sep, 2020 | Amount | Series C - Pharmapacks | Valuation | RB , The Craftory |
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| Jul, 2020 | Amount | Series B - Pharmapacks | Valuation | GPI Capital , JPMorgan Chase |
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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 Pharmapacks
Pharmapacks has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Reckitt, JPMorgan Chase and The Carlyle Group. 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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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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A global investor focused on consumer packaged goods brands.
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Founded Year | Domain | Location | |
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Private investment office managing hedge funds and real estate.
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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 Pharmapacks
| 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 - Pharmapacks
| 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 |
Pharmapacks Comparisons
Competitors of Pharmapacks
Pharmapacks 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 Blink Health, NimbleRx, Capsule, Phil and Drugstore.com, 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 |
Discounted prescription drugs are provided via an online pharmacy platform.
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| domain | founded_year | HQ Location |
Prescriptions are delivered same-day through an online platform.
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| domain | founded_year | HQ Location |
An online pharmacy platform is operated for medicine delivery services.
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| domain | founded_year | HQ Location |
Prescription drugs refill management solutions
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| domain | founded_year | HQ Location |
Medical products and prescriptions are sold online by Drugstore.com.
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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 Pharmapacks
Frequently Asked Questions about Pharmapacks
When was Pharmapacks founded?
Pharmapacks was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is Pharmapacks located?
Pharmapacks is headquartered in Hauppauge, United States. It is registered at Hauppauge, New York, United States.
Is Pharmapacks a funded company?
Pharmapacks is a funded company, having raised a total of $322.5M across 4 funding rounds to date.
How many employees does Pharmapacks have?
As of Dec 31, 2022, the latest employee count at Pharmapacks is 984.
What does Pharmapacks do?
Pharmapacks was founded in 2011 and is headquartered in Hauppauge, United States. An e-commerce platform is operated, focusing on the pharmaceutical and consumer health sector. A range of products is provided, including nutritional supplements, baby care items, health monitors, oral care essentials, skincare, hair care, makeup, electronics, and pest control solutions. Operations center on online sales and distribution for these categories.
Who are the top competitors of Pharmapacks?
Pharmapacks's top competitors include Capsule, Blink Health and Phil.
Who are Pharmapacks's investors?
Pharmapacks has 10 investors. Key investors include Reckitt, JPMorgan Chase, The Carlyle Group, Sealed Air, and Sawaya Partners.
What is Pharmapacks's valuation?
The valuation of Pharmapacks is $1.1B as of Nov 2020.
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