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PharmaSecure

Description

Developer of drug-authentication platform for pharmaceutical companies. The company offers an SMS authentication technology for consumers to verify whether a medicine is authentic by sending a text message to a phone number using a unique identifier applied to the package. The company's goal is to protect patients from the threat of counterfeit medicines.

2007

Founded

PRIVATE

Status

11-50

Employees

Later Stage VC

Latest Deal Type

$553k

Latest Deal Amount

$6.46M

Total Amount Raised

Description

Developer of drug-authentication platform for pharmaceutical companies. The company offers an SMS authentication technology for consumers to verify whether a medicine is authentic by sending a text message to a phone number using a unique identifier applied to the package. The company's goal is to protect patients from the threat of counterfeit medicines.

Website:

www.pharmasecure.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Social/Platform Software

Primary Office

The Centre for Social Innovation, Suite 325-254 601 West 26th Street New York, NY 10001United States +1 (866) 350-4450 x804
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PharmaSecure Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

PharmaSecure Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

PharmaSecure Investors (9)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Dror BermanAngel (individual)Minority000 0000000 0000
Gray Ghost VenturesVenture CapitalMinority000 0000000 0000
HealthTech CapitalAngel GroupMinority000 0000000 0000
Innovation Endeavors Management CompanyVenture CapitalMinority000 0000000 0000
Las Olas Venture CapitalVenture CapitalMinority000 0000000 0000
Dror Berman Angel (individual)
Gray Ghost Ventures Venture Capital
HealthTech Capital Angel Group
Innovation Endeavors Management Company Venture Capital
Las Olas Venture Capital Venture Capital

PharmaSecure Executive Team (6)

NameTitleBoard
Seat
Contact
Info
Nakul PasrichaChief Executive Officer
Jay Kunin Ph.DChief Technology Officer & Board Member
Nitin SawhneyAssociate Director - Technology Development
Samit YadavVice President, Operations
Kishore KarVice President – Sales & Marketing
Nakul Pasricha Chief Executive Officer
Jay Kunin Ph.D Chief Technology Officer & Board Member
Nitin Sawhney Associate Director - Technology Development
Samit Yadav Vice President, Operations
Kishore Kar Vice President – Sales & Marketing

PharmaSecure Board Members (4)

NameRepresentingRoleSinceContact
Info
Arun GoreGray Ghost VenturesChief Executive Officer & President000 0000
Jay Kunin Ph.DPharmaSecureChief Technology Officer & Board Member000 0000
Julius MokrauerSelfBoard Member000 0000
N.Taylor ThompsonPharmaSecureBoard Member000 0000
Arun Gore Chief Executive Officer & President Gray Ghost Ventures
Jay Kunin Ph.D Chief Technology Officer & Board Member PharmaSecure
Julius Mokrauer Board Member Self
N.Taylor Thompson Board Member PharmaSecure
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