About SwipeRx
SwipeRx is a company based in Singapore (Singapore) founded in 2012 by Farouk Meralli.. SwipeRx has raised $10 million across 2 funding rounds from investors including Johnson & Johnson, Sanofi and Gates Foundation. SwipeRx offers products and services including SwipeRx App, CPD Education Modules, and B2B Commerce Tool. SwipeRx operates in a competitive market with competitors including Pharmaid, pharmacy lounge, RxAlly, RPhAlly and MyPharmaSpace, among others.
- Headquarter Singapore, Singapore
- Founders Farouk Meralli
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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 Mclinica Pte. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series B
Feb 09, 2023
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Investors
Johnson & Johnson
& 5 more
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Employee Count
Employee Count
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Products & Services of SwipeRx
SwipeRx offers a comprehensive portfolio of products and services, including SwipeRx App, CPD Education Modules, and B2B Commerce Tool. 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.
App for pharmacy professionals to connect, learn, and conduct B2B commerce.
Modules providing accredited professional development for pharmacists.
Tool for pharmacies to purchase medicines and supplies efficiently.
Funding Insights of SwipeRx
SwipeRx has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in February 2023. 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 2
- Last Round Series B — $10.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series B - SwipeRx | Valuation | Sanofi , Cercano Management |
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| Jun, 2022 | Amount | Debt – Conventional - SwipeRx | Valuation |
investors |
| 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 SwipeRx
SwipeRx has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Johnson & Johnson, Sanofi and Gates Foundation. 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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Venture capital firm focused on seed and late stage investments
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Founded Year | Domain | Location | |
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Venture capital firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Pharmaceutical and nutraceutical products are developed across seven therapeutic areas.
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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 SwipeRx
| 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 - SwipeRx
| 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 |
Swiperx Comparisons
Competitors of SwipeRx
SwipeRx 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 Pharmaid, pharmacy lounge, RxAlly, RPhAlly and MyPharmaSpace, 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 |
Provider of professional networking platform to the pharmaceutical sector
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| domain | founded_year | HQ Location |
Social networking app for pharmacy professionals is provided.
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| domain | founded_year | HQ Location |
A digital platform for pharmacy networking among professionals.
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| domain | founded_year | HQ Location |
Provides tools, resources, and community for pharmacy leadership and professional development.
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| domain | founded_year | HQ Location |
Offers a digital social networking platform designed for pharmacies to connect and collaborate professionally.
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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 Swiperx
Frequently Asked Questions about SwipeRx
When was SwipeRx founded?
SwipeRx was founded in 2012 and raised its 1st funding round 10 years after it was founded.
Where is SwipeRx located?
SwipeRx is headquartered in Singapore, Singapore.
Who is the current CEO of SwipeRx?
Farouk Meralli is the current CEO of SwipeRx. They have also founded this company.
Is SwipeRx a funded company?
SwipeRx is a funded company, having raised a total of $10M across 2 funding rounds to date.
What does SwipeRx do?
SwipeRx was founded in 2012 in Singapore as an online platform serving the pharmacy sector. An community space is maintained where professionals access news and industry information. Connections among colleagues are facilitated through networking features. A B2B commerce tool is provided, enabling procurement of affordable and readily available medicines for business operations.
Who are the top competitors of SwipeRx?
SwipeRx's top competitors include Pharmaid, pharmacy lounge and DawaJunction.
What products or services does SwipeRx offer?
SwipeRx offers SwipeRx App, CPD Education Modules, and B2B Commerce Tool.
Who are SwipeRx's investors?
SwipeRx has 6 investors. Key investors include Johnson & Johnson, Sanofi, Gates Foundation, Cercano Management, and SIG Venture Capital.
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