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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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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $553,002
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First Round
First Round
(09 Oct 2009)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2013 | Amount | Series A - PharmaSecure | Valuation |
investors |
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| Oct, 2011 | Amount | Series A - PharmaSecure | Valuation |
investors |
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| Aug, 2011 | Amount | Seed - PharmaSecure | 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 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. 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 | |
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Stage agnostic VC firm investing in the US
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Founded Year | Domain | Location | |
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Early-stage technology investments are targeted by this venture capital firm.
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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 PharmaSecure
| 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 - PharmaSecure
| 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 |
Pharmasecure Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
Anti-counterfeiting solutions are offered via microscopic edible barcodes for authentication.
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| domain | founded_year | HQ Location |
Medicines are authenticated via AI and spectrometers for pharmacy procurement.
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| domain | founded_year | HQ Location |
Mobile technology is deployed to authenticate products against counterfeits.
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| domain | founded_year | HQ Location |
Chemical code tagging solutions are used for counterfeit detection.
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| domain | founded_year | HQ Location |
Provides tools to authenticate genuine medicines and combat counterfeits.
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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 PharmaSecure
When was PharmaSecure founded?
PharmaSecure was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is PharmaSecure located?
PharmaSecure is headquartered in New York, United States. It is registered at New York, New York, United States.
Is PharmaSecure a funded company?
PharmaSecure is a funded company, having raised a total of $7.92M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.53M, raised on Oct 09, 2009.
How many employees does PharmaSecure have?
As of Apr 06, 2024, the latest employee count at PharmaSecure is 38.
What is the annual revenue of PharmaSecure?
Annual revenue of PharmaSecure is $1.88M as on Mar 31, 2023.
What does PharmaSecure do?
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.
Who are the top competitors of PharmaSecure?
PharmaSecure's top competitors include TruTag Technologies, RxAll and Sproxil.
Who are PharmaSecure's investors?
PharmaSecure has 4 investors. Key investors include Gray Ghost Ventures, HealthTech Capital, Innovation Endeavors, and TSVC.