About PharmaSecure
PharmaSecure is a company based in New York (United States) founded in 2007. PharmaSecure has raised $7.92 million across 4 funding rounds from investors including Gray Ghost Ventures, HealthTech Capital and Innovation Endeavors. The company has 38 employees as of April 06, 2024. PharmaSecure operates in a competitive market with competitors including TruTag Technologies, RxAll, Sproxil, InfraTrac and HRTNET, among others.
- Headquarter New York, United States
- Employees 38 as on 06 Apr, 2024
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Pharmasecure Product Authentication Services India Private Limited
- Date of Incorporation 23 Jun, 2009
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.88 M (USD)110.86as on Mar 31, 2023
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Net Profit
$73.72 K (USD)116.2as on Mar 31, 2023
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EBITDA
$256.36 K (USD)38.54as on Mar 31, 2023
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Total Equity Funding
$7.92 M (USD)
in 4 rounds
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Latest Funding Round
$553 K (USD), Series A
Mar 05, 2013
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Investors
Gray Ghost Ventures
& 3 more
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Employee Count
38
as on Apr 06, 2024
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People of PharmaSecure
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Funding Insights of PharmaSecure
PharmaSecure has successfully raised a total of $7.92M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $553 thousand completed in March 2013. 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.
Investors in PharmaSecure
PharmaSecure has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Gray Ghost Ventures, HealthTech Capital and Innovation Endeavors.
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Stage agnostic VC firm investing in the US
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Early-stage technology investments are targeted by this venture capital firm.
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Investor details for PharmaSecure
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Investments & Acquisitions by PharmaSecure
Investment portfolio details for PharmaSecure
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Financial Statements - PharmaSecure
Detailed financials for PharmaSecure
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Pharmasecure Comparisons
Peer comparison for PharmaSecure
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Competitors of PharmaSecure
PharmaSecure 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 TruTag Technologies, RxAll, Sproxil, InfraTrac and HRTNET, among others.
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Anti-counterfeiting solutions are offered via microscopic edible barcodes for authentication.
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Medicines are authenticated via AI and spectrometers for pharmacy procurement.
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Mobile technology is deployed to authenticate products against counterfeits.
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Chemical code tagging solutions are used for counterfeit detection.
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Provides tools to authenticate genuine medicines and combat counterfeits.
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Detailed competitors of PharmaSecure
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Latest news on Pharmasecure
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Frequently Asked Questions about PharmaSecure
PharmaSecure was founded in 2007 and raised its 1st funding round 2 years after it was founded.
PharmaSecure is headquartered in New York, United States. It is registered at New York, New York, United States.
PharmaSecure is a funded company, having raised a total of $7.92M across 4 funding rounds to date.
As of Apr 06, 2024, the latest employee count at PharmaSecure is 38.
Annual revenue of PharmaSecure is $1.88M as on Mar 31, 2023.
SMS-based medication authenticity verification platform. The company Inc. designs and develops drug authentication platforms for consumers and pharmaceutical manufacturers in the United States and India. It offers an SMS authentication technology for consumers to verify whether medicine is authentic by sending a text message to a phone number using a unique identifier applied to the package. The company reports data to customers in real-time through its customized online dashboard, as well as provides a suite of graphs and visualizations to analyze market and sales trends.
PharmaSecure's top competitors include TruTag Technologies, RxAll and Sproxil.
PharmaSecure has 4 investors. Key investors include Gray Ghost Ventures, HealthTech Capital, Innovation Endeavors, and TSVC.