Pharmacierge, a London-based company providing same-day delivery of prescribed drugs in London and next day delivery across other parts of the UK, has secured £ 1.25 million in a funding round co-led by high-profile investors including Simon Franks and Alex Chesterman OBE on 26 October 2021. 

Investors: The latest funding round featured Simon Franks, Co-Founder of Lovefilm and Alex Chesterman OBE, Founder of Cazoo and Zoopla, as the lead investors. The round also saw participation from many leading medical practitioners.

Purpose of the funding: The firm seeks to deploy the proceeds from the investment round towards increasing its network of clinicians and expanding its operations internationally.

About Pharmacierge

Pharmacierge Logo

Brought to existence in 2015 by Edward Ungar and Robert Ungar, Pharmacierge’s e-prescription application known as mPrescribe assists clinicians, their administration employees and finally patients to save time on prescription-related admin activities. mPrescribe operates on the company’s proprietary full-stack tech, amalgamating dispensary management (ERP) systems and Electronic Prescription (EPS), with a number of APIs to deal with the regulation and complexity of a strictly compliant domain. The Pharmacierge team accumulated years of user experience in pharmacy fulfilment and data to develop mPrescribe. Pharmacierge also runs its dispensary and delivers every common drug. Its tech offers a solution for resolving clinical management challenges, integrating flawless dispensing with courier delivery, providing prescription updates to patients and doctors. 

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Founders of Pharmacierge

What the Founders have to say: “The healthcare sector is experiencing many problems, notably due to the pandemic. Streamlined apps must replace paper-based and inefficient processes for the patient and clinician. A trustworthy and rapid delivery system for prescribed medicine has become a requisite for private clinicians prioritising patient-centred care.”- Robert Ungar, Co-Founder of Pharmacierge. “Pharmacierge has witnessed exponential growth in the past few years. However, seeing our clients, including several prominent independent clinicians of the UK, financially support us in our journey is evidence of our tech team’s proficiency and high-end service of the dispensary. We serve to add value to the practices and patients.”- Edward Ungar, Co-Founder and CEO of Pharmacierge.

What the Investor has to say: “Consumers anticipate services to be offered door to door at a fast pace and available online, and the pharmacy domain will witness this shift next.”- Alex Chesterman OBE, Founder of Cazoo and Zoopla.

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Sankalp majorly focuses on writing newsletters on VCBay. He is pursuing Bachelors in Economics from the University of Delhi and exhibits proficiency in content writing and research.

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