How Much Did Pharmright Raise?
Funding & Key Investors

Pharmright has successfully secured a significant capital injection, bringing its total funding to $3M. This latest major strategic investment of $865K underscores the company's robust growth trajectory within the health-tech sector. By consistently attracting institutional backing, Pharmright continues to solidify its market position as a leader in automated medication adherence solutions, demonstrating strong investor confidence in its long-term scalability and operational maturity.

What is Pharmright?

Pharmright
ManufacturingElectronicsMedical Devices & Equipment

Pharmright operates at the intersection of digital health and patient wellness through its flagship LiviPod system. The platform provides a sophisticated, modular architecture designed to monitor, remind, and dispense medications and supplements with precision. By eliminating the need for recurring subscription fees, the company differentiates itself in a crowded market, offering a user-centric approach that empowers individuals and caregivers alike. The integration of real-time alerts and a seamless mobile application interface ensures that Pharmright remains a critical tool for improving health outcomes and simplifying complex medication regimens for diverse user demographics.

How much funding has Pharmright raised?

Pharmright has raised a total of $3M across 3 funding rounds:

2014

Private Equity

$902K

2015

Series A

$1.2M

2016

Private Equity

$865K

Private Equity (2014): $902K, investors not publicly disclosed

Series A (2015): $1.2M led by Upstate Carolina Angel Network and SCRA

Private Equity (2016): $865K, investors not publicly disclosed

Key Investors in Pharmright

Upstate Carolina Angel Network

A member-led angel investment group that provides early-stage capital and strategic mentorship to high-growth startups in the Southeast region.

SCRA

A public, non-profit corporation dedicated to fueling South Carolina's innovation economy by providing funding and support for technology-based startups and academic research.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for Pharmright?

With this major enterprise-level funding, Pharmright is positioned to accelerate its product development roadmap and expand its market reach. The strategic allocation of this capital will likely focus on enhancing the LiviPod ecosystem, potentially integrating advanced analytics or expanding compatibility with broader telehealth infrastructures. As the company transitions from its initial scaling phase into a more mature enterprise model, the focus will remain on optimizing supply chain efficiencies and deepening its footprint in the home-health technology landscape, ensuring that its medication management solutions remain at the forefront of the industry.

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Frequently Asked Questions Regarding Pharmright Financial Insights

What are the most recent funding rounds that Pharmright has completed, and what were the funding rounds?
Pharmright has recently completed 3 funding rounds: Private Equity on Apr 28, 2016, Series A on Jul 30, 2015, Private Equity on Nov 24, 2014.
What is the total amount of funding Pharmright has raised to date?
Pharmright has raised a total of $3M in funding to date.
How many funding rounds has Pharmright completed?
Pharmright has completed 3 funding rounds.
How much funding did Pharmright raise in its most recent funding round?
Pharmright raised $865K in its most recent funding round.
Which was the largest funding round in Pharmright's history?
The largest funding round in Pharmright's history was $1.2M.
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