1000Farmacie Raises $15M in Funding
Summary
The round was led by P101 SGR via P102 and ITALIA 500 (Azimut) and HBM Healthcare Investments, with participation from family office Corisol Holding, Club degli Investitori, IAG, LIFTT and Healthware Ventures. The company intends to use the funds to continue to expand operations and its business reach, as well as to improve its last mail delivery service and its local pharmacy network. Founded in 2020 by Nicolò Petrone (CEO), Mohamed Younes (COO) and Alberto Marchetti (CMO), 1000Farmacie provides an online pharmacy marketplace to enable clients to find products at an affordable price delivered to their home. The company, which had already closed a seed round of $ 1.7m, also plans to integrate additional health care services, which will be directly available in the platform. Some big pharma companies already use the technology developed by 1000Farmacie to make their delivery services more efficient.