About PharmaPrime
PharmaPrime is a company based in Rome (Italy) founded in 2016.. PharmaPrime has raised $1.8 million across 1 funding round from investors including Primo Ventures. PharmaPrime operates in a competitive market with competitors including 1000farmacie, IAFSTORE, Named, Pharmap and Lloyds Farmacia, among others.
- Headquarter Rome, Italy
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.8 M (USD)
in 1 rounds
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Latest Funding Round
$1.8 M (USD), Seed
Apr 19, 2021
- Investors
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Employee Count
Employee Count
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Funding Insights of PharmaPrime
PharmaPrime has successfully raised a total of $1.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.8 million completed in April 2021. 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 1
- Last Round Seed — $1.8M
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First Round
First Round
(19 Apr 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2021 | Amount | Seed - PharmaPrime | Valuation | Primo Ventures |
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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 PharmaPrime
PharmaPrime has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Primo 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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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 PharmaPrime
| 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 - PharmaPrime
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Pharmaprime Comparisons
Competitors of PharmaPrime
PharmaPrime 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 1000farmacie, IAFSTORE, Named, Pharmap and Lloyds Farmacia, 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 |
Pharmacy and health products are sold via an online platform.
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| domain | founded_year | HQ Location |
Medicines and health supplements are sold online by IAFSTORE.
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| domain | founded_year | HQ Location |
Medicines and healthcare products are supplied online by the company.
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| domain | founded_year | HQ Location |
Delivers comprehensive online pharmacy solutions for convenient medication access.
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| domain | founded_year | HQ Location |
Online platform selling pharmaceuticals, cosmetics, and wellness items to consumers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 PharmaPrime
When was PharmaPrime founded?
PharmaPrime was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is PharmaPrime located?
PharmaPrime is headquartered in Rome, Italy. It is registered at Rome, Lazio, Italy.
Is PharmaPrime a funded company?
PharmaPrime is a funded company, having raised a total of $1.8M across 1 funding round to date. The company's 1st funding round was a Seed of $1.8M, raised on Apr 19, 2021.
What does PharmaPrime do?
PharmaPrime was founded in 2016 in Rome, Italy, as an online pharmacy marketplace. Pharmaceutical products are searched and ordered by users through the platform. Prescription medicines are handled via a messenger service that collects prescriptions from customers or doctors and delivers them to pharmacies for product retrieval. Operations focus on e-commerce in the healthcare sector, serving users in Italy.
Who are the top competitors of PharmaPrime?
PharmaPrime's top competitors include 1000farmacie, Pharmercure and Named.
Who are PharmaPrime's investors?
PharmaPrime has 1 investor. Key investors include Primo Ventures.