How Much Did SwipeRx Raise?
Funding & Key Investors

SwipeRx, a player in the Drug Stores & Pharmacies sector, has secured significant capital, with its total funding reaching $33.3M. The company recently announced a major strategic investment, bringing in $27M in its latest funding round. This substantial backing indicates a strong market position and potential for accelerated growth, likely positioning SwipeRx in a growth or expansion phase.

What is SwipeRx?

SwipeRx
RetailDrug Stores & PharmaciesData Collection & Internet Portals

SwipeRx operates within the Drug Stores & Pharmacies industry, focusing on providing solutions within this space. The company employs between 100 to 249 individuals and generates between $1M to $5M in revenue, according to its generic data profile. Its operations are centered around its digital platform, swiperx.com, aiming to innovate within the pharmaceutical retail and distribution landscape.

How much funding has SwipeRx raised?

SwipeRx has raised a total of $33.3M across 2 funding rounds:

2017

Series A

$6.3M

2022

Series B

$27M

Series A (2017): $6.3M with participation from MDI Ventures, Unitus Impact, IMJ Investment Partners, 500 Global, Endeavor, Global Innovation Fund, and Kickstart Ventures

Series B (2022): $27M led by Susquehanna International Group, Bill & Melinda Gates Foundation, MDI Ventures, and Johnson & Johnson Impact Ventures

Key Investors in SwipeRx

MDI Ventures

MDI Ventures is a global multi-stage venture capital firm focused on investing in local founders and startups, particularly in Indonesia, aiming to drive innovation and digital transformation across various sectors with an emphasis on social and environmental impact.

Unitus Impact

Patamar Capital (formerly Unitus Impact) is a leading impact-driven venture capital firm in Southeast Asia, backing early-stage companies that create positive social impact in sectors like financial services, education, and healthcare.

IMJ Investment Partners

IMJ Investment Partners is a venture capital firm that invests in startups in Southeast Asia and Japan, utilizing its acquired expertise to contribute to the growth of Asian startups and spur innovation.

What's next for SwipeRx?

With the recent influx of capital, SwipeRx is poised for significant expansion and strategic development. The enterprise-level funding suggests a focus on scaling operations, enhancing its technological infrastructure, and potentially broadening its market reach. Future initiatives may include strategic partnerships, further product development, and market penetration efforts to solidify its competitive advantage in the evolving drug store and pharmacy ecosystem.

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Frequently Asked Questions Regarding SwipeRx Financial Insights

What are the most recent funding rounds that SwipeRx has completed, and what were the funding rounds?
SwipeRx has recently completed 2 funding rounds: Series B on May 23, 2022, Series A on Feb 15, 2017.
What is the total amount of funding SwipeRx has raised to date?
SwipeRx has raised a total of $33.3M in funding to date.
How many funding rounds has SwipeRx completed?
SwipeRx has completed 2 funding rounds.
How much funding did SwipeRx raise in its most recent funding round?
SwipeRx raised $27M in its most recent funding round.
Who are the lead investors in SwipeRx's latest funding round?
The lead investor in SwipeRx's latest funding round was Susquehanna International Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SwipeRx's history?
The largest funding round in SwipeRx's history was $27M.
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