What is Pharmright?
Pharmright is developing the LiviPod, a comprehensive system designed for monitoring, reminding, and dispensing medications and supplements. This adaptable solution serves individuals managing their own health, caregivers overseeing loved ones, and those requiring assistance with supplement intake. The LiviPod system is modular, allowing for personalized medication management without subscription fees. Key features include real-time alerts, automated reminders, and an intuitive mobile application, all aimed at simplifying wellness routines and improving adherence to prescribed regimens.
How much funding has Pharmright raised?
Pharmright has raised a total of $3M across 3 funding rounds:
Private Equity
$902K
Series A
$1.2M
Private Equity
$865K
Private Equity (2014): $902K, investors not publicly disclosed
Series A (2015): $1.2M led by SCRA Technology Ventures and Upstate Carolina Angel Network
Private Equity (2016): $865K, investors not publicly disclosed
Key Investors in Pharmright
SCRA Technology Ventures
SCRA Technology Ventures is an affiliate of SCRA, a public non-profit organization dedicated to fostering South Carolina's innovation economy through support for technology-based startups. They provide crucial funding, workspace, and resources to help companies like Pharmright grow.
Upstate Carolina Angel Network
The Upstate Carolina Angel Network is an angel investment group focused on providing capital and strategic guidance to early-stage companies in the region, supporting Pharmright's development.
What's next for Pharmright?
The recent major strategic investment in Pharmright signals a pivotal phase for the company, likely focused on scaling operations, expanding market reach, and further developing its LiviPod technology. This capital infusion is expected to accelerate product development and enhance distribution channels, positioning Pharmright to capture a larger share of the growing digital health and medication management market. The company's commitment to a subscription-free model may also serve as a key differentiator in attracting and retaining users.
See full Pharmright company page
