How Much Did KeyMed Raise?
Funding & Key Investors

KeyMed has secured $320K in total capital, with its most recent financing round bringing in $170K. This significant investment underscores the company's established position in the market and its trajectory for continued expansion. The context of this latest capital infusion points towards a late-stage funding environment, suggesting KeyMed is poised for substantial growth or strategic initiatives.

What is KeyMed?

KeyMed
RetailDrug Stores & Pharmacies

Snake River Pharmacy, operating under the KeyMed umbrella, specializes in long-term care pharmacy services, catering to the specific requirements of caregivers and patients in assisted living, skilled nursing, and hospice settings across Idaho. The company emphasizes proactive communication, punctual delivery, and a highly trained staff committed to delivering quality care. Their operational focus is on supporting caregivers by providing essential resources to manage the care of their loved ones, positioning them as a critical partner in the healthcare ecosystem.

How much funding has KeyMed raised?

KeyMed has raised a total of $320K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$170K

Debt (2020): $150K with participation from PPP

Debt (2021): $170K led by PPP

What's next for KeyMed?

The substantial capital raised, particularly the recent strategic investment, indicates KeyMed's readiness to accelerate its growth strategies. This could involve expanding its service footprint into new geographical areas, enhancing its technological infrastructure for improved service delivery, or potentially pursuing strategic acquisitions to consolidate its market presence. The company's focus on specialized long-term care pharmacy services suggests a strategic direction aimed at capturing a larger share of this niche market, leveraging its established reputation for quality and dedicated support.

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Frequently Asked Questions Regarding KeyMed Financial Insights

What are the most recent funding rounds that KeyMed has completed, and what were the funding rounds?
KeyMed has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on Apr 10, 2020.
What is the total amount of funding KeyMed has raised to date?
KeyMed has raised a total of $320K in funding to date.
How many funding rounds has KeyMed completed?
KeyMed has completed 2 funding rounds.
How much funding did KeyMed raise in its most recent funding round?
KeyMed raised $170K in its most recent funding round.
Who are the lead investors in KeyMed's latest funding round?
The lead investor in KeyMed's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in KeyMed's history?
The largest funding round in KeyMed's history was $170K.
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