Pharmacierge raises £2.4m from clinician users and financial executives to expand its e-prescribing platform.
The healthtech company secured ninety percent of the round from its own medical user base.
Pharmacierge operates an e-prescription delivery platform for private clinicians, combining proprietary electronic prescription and dispensary management systems. The company runs its own central London dispensary and uses technology to streamline medication supply and compliance.
Pharmacierge has secured £2.4m in a fresh funding round, with ninety percent of the capital contributed by its own clinician users. Eighty prominent independent UK clinicians participated alongside financial sector executives, marking a notable clinician led investment model for the healthtech sector. The company will direct the proceeds toward expanding its national reach and integrating dispensing robotics with artificial intelligence to manage its growing range of medicines.
The latest injection brings the firm total funds raised to nearly £4m, with the vast majority originating from its user base of four thousand medical practitioners. Female investors account for over thirty percent of the clinician backer group, exceeding typical private market averages. Pharmacierge continues to scale its mPrescribe platform, which handles prescription compliance and courier logistics from its facility near the Royal Society of Medicine.
From the founder
"This latest round represents a profound and unique endorsement of Pharmacierge by the very same Consultants and GPs who use it most often. They’ve recognised the huge value in our product, and have not only validated that as users, but also as investors."
Edward Ungar
Co-founder and CEO at Pharmacierge
Use of funds
- 01Continue product development
- 02Fund research and development
- 03Expand into international markets
Categories
About the company
Pharmacierge
Pharmacierge provides e-prescription delivery applications and dispensary services for private clinicians.