About PharmRight Corporation
PharmRight Corporation is a company based in Charleston (United States) founded in 2014.. PharmRight Corporation has raised $5.09 million across 8 funding rounds from investors including SCRA, IncWell and VentureSouth. PharmRight Corporation offers products and services including Livi Smart Pill Dispenser. PharmRight Corporation operates in a competitive market with competitors including Pillo health, Spencer Health Solutions, Hero, HealthBeacon and Pillsy, among others.
- Headquarter Charleston, United States
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Pharmright Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.09 M (USD)
in 8 rounds
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Latest Funding Round
$190 K (USD), Series A
Aug 04, 2017
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Investors
SCRA
& 2 more
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Employee Count
Employee Count
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Products & Services of PharmRight Corporation
PharmRight Corporation offers a comprehensive portfolio of products and services, including Livi Smart Pill Dispenser. 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.
Automated device for dispensing and managing daily medications at home.
Funding Insights of PharmRight Corporation
PharmRight Corporation has successfully raised a total of $5.09M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $190 thousand completed in August 2017. 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 8
- Last Round Series A — $190,000
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First Round
First Round
(23 Apr 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Series A - PharmRight Corporation | Valuation |
investors |
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| Jan, 2017 | Amount | Debt – Conventional - PharmRight Corporation | Valuation |
investors |
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| Dec, 2015 | Amount | Series A - PharmRight Corporation | Valuation | IncWell , SCRA |
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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 PharmRight Corporation
PharmRight Corporation has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include SCRA, IncWell and VentureSouth. 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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Early stage micro VC firm investing in the US & Canada
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Founded Year | Domain | Location | |
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Startups are accelerated across sectors by SCRA.
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Founded Year | Domain | Location | |
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Early-stage ventures in the Southeast are supported by VentureSouth.
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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 PharmRight Corporation
| 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 - PharmRight Corporation
| 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 |
Pharmright Corporation Comparisons
Competitors of PharmRight Corporation
PharmRight Corporation 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 Pillo health, Spencer Health Solutions, Hero, HealthBeacon and Pillsy, 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 |
Smart devices for medication adherence management are provided.
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| domain | founded_year | HQ Location |
Devices and apps for medication adherence are provided.
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| domain | founded_year | HQ Location |
Hero is focused on smart medication management solutions.
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| domain | founded_year | HQ Location |
Smart devices for medication adherence and needle disposal are provided.
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| domain | founded_year | HQ Location |
Smart pill container and app
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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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Frequently Asked Questions about PharmRight Corporation
When was PharmRight Corporation founded?
PharmRight Corporation was founded in 2014.
Where is PharmRight Corporation located?
PharmRight Corporation is headquartered in Charleston, United States. It is registered at Charleston, South Carolina, United States.
Is PharmRight Corporation a funded company?
PharmRight Corporation is a funded company, having raised a total of $5.09M across 8 funding rounds to date. The company's 1st funding round was a Series A of $2.2M, raised on Apr 23, 2014.
What does PharmRight Corporation do?
PharmRight Corporation develops Livi, a medication adherence device and platform that prompts users when and how to take their meds via audible and visual alerts. It automatically dispenses a 90-day supply of up to 15 different pills and supplements and if a dose is missed, it alerts caregivers via text message or email. It uses a cloud-based application that makes simplifies scheduling and real-time monitoring of meds. Livi retains the users medication history and adherence data, which can be shared with physicians and other caregivers.
Who are the top competitors of PharmRight Corporation?
PharmRight Corporation's top competitors include Spencer Health Solutions, Pillo health and Hero.
What products or services does PharmRight Corporation offer?
PharmRight Corporation offers Livi Smart Pill Dispenser.
Who are PharmRight Corporation's investors?
PharmRight Corporation has 3 investors. Key investors include SCRA, IncWell, and VentureSouth.