What is Charac?
Founded in 2020 and headquartered in Lutterworth, Leicestershire, Charac has developed and integrated a pioneering Patient Relationship Management system specifically for pharmacies. This platform, approved by the NHS and integrated with electronic prescription services, enhances the community pharmacy's role by enabling appointment management for video or phone consultations and facilitating prescription re-ordering via a dedicated app. The system complements existing pharmacy operations, aiming to improve patient engagement and streamline healthcare delivery.
How much funding has Charac raised?
Charac has raised a total of $2.7M across 2 funding rounds:
Unspecified
$1.2M
Debt
$1.5M
Unspecified (2022): $1.2M, investors not publicly disclosed
Debt (2023): $1.5M led by National Pharmacy Association
Key Investors in Charac
National Pharmacy Association
The National Pharmacy Association (NPA) is a key supporter of UK pharmacies, providing insurance services and business support. Their involvement suggests a strategic alignment with enhancing pharmacy operations and patient care through technology.
What's next for Charac?
The recent major strategic investment signals a pivotal growth phase for Charac. This backing is expected to fuel further development of its pharmacy-focused Patient Relationship Management system, potentially expanding its reach within the NHS framework and beyond. The company's focus on integrating technology with essential community pharmacy services positions it for significant scaling and market penetration in the digital health sector.
See full Charac company page