Pharmacierge secures £1.3m seed investment led by Alex Chesterman and Simon Franks to expand operations.
The healthtech company raised funds from prominent angels and medical practitioners to grow its UK and international footprint.
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 £1.3m in a seed financing round led by prominent technology angel investors Alex Chesterman and Simon Franks, with participation from several leading medical practitioners. The fresh capital will support the company in expanding its footprint across the UK and internationally, while also growing its clinician network.
The healthtech firm provides same day prescription delivery in London and next day delivery across the rest of the UK. Its core product, the mPrescribe app, integrates electronic prescription and dispensary management systems to cut down administrative tasks for private medical practices. The platform was developed to navigate the complex compliance requirements of the regulated healthcare sector.
Demand for digital healthcare services has grown following the pandemic, as patients and clinicians increasingly rely on remote solutions and home deliveries. Pharmacierge utilizes its own full stack technology and maintains a formulary that surpasses the range of medicines listed by average NHS trusts.
From the founder
"Pharmacierge has grown rapidly in the last few years but to have our users, including many of the UK’s leading independent clinicians, support us through investment is a great testament to our dispensary and tech teams and the value we bring to practices and patients. We’ve delivered to a departure lounge and backstage before a rock concert. It all starts with the philosophy of saying yes, we can try to do that."
Edward Ungar
Co-founder and CEO at Pharmacierge
Investor perspective
"Consumers increasingly expect services to be accessible digitally and delivered to their door rapidly, and the pharmacy market is clearly next."
Alex Chesterman
Founder of Cazoo and Zoopla, Alex Chesterman
Use of funds
- 01Expand into international markets
Investors
Categories
About the company
Pharmacierge
Pharmacierge provides e-prescription delivery applications and dispensary services for private clinicians.