How Much Did King Pharmacy Raise?
Funding & Key Investors

King Pharmacy has successfully secured a significant capital injection, bringing its total funding to $150K. This latest round, characterized by a $150K major strategic investment, underscores the firm's pivotal role in regional healthcare delivery. By leveraging this financial backing, the organization is positioned to enhance its operational capacity and expand its specialized service offerings within the Kentucky market.

What is King Pharmacy?

King Pharmacy
RetailDrug Stores & Pharmacies

King Pharmacy operates as a cornerstone of community health in Hazard, Kentucky, providing essential pharmaceutical services that extend beyond traditional dispensing. The company distinguishes itself through a comprehensive suite of offerings, including medication therapy management, immunization programs, and innovative multi-dose packaging solutions. By integrating digital health tools, such as their proprietary mobile application for prescription management, King Pharmacy bridges the gap between traditional patient care and modern convenience. Their commitment to medication safety and personalized clinical oversight, led by professionals like Bert Blackburn, establishes the firm as a critical infrastructure provider in the local healthcare ecosystem.

How much funding has King Pharmacy raised?

King Pharmacy has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in King Pharmacy

PPP

Public-Private Partnership

What's next for King Pharmacy?

With the infusion of this latest capital, King Pharmacy is poised to accelerate its strategic growth initiatives. The focus will likely shift toward scaling its digital health infrastructure and deepening its penetration into the regional medication management market. As the pharmacy continues to navigate the complexities of modern healthcare, this financing provides the necessary runway to optimize supply chain logistics and broaden its immunization and wellness programs. The firm is well-positioned to leverage this investment to solidify its market presence and continue its mission of delivering high-touch, patient-centric care to the Hazard community and beyond.

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Frequently Asked Questions Regarding King Pharmacy Financial Insights

What are the most recent funding rounds that King Pharmacy has completed, and what were the funding rounds?
King Pharmacy has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding King Pharmacy has raised to date?
King Pharmacy has raised a total of $150K in funding to date.
How many funding rounds has King Pharmacy completed?
King Pharmacy has completed 1 funding rounds.
How much funding did King Pharmacy raise in its most recent funding round?
King Pharmacy raised $150K in its most recent funding round.
Who are the lead investors in King Pharmacy's latest funding round?
The lead investor in King Pharmacy'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 King Pharmacy's history?
The largest funding round in King Pharmacy's history was $150K.
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