What is Pharmapacks? Pharmapacks Review

What is Pharmapacks? Pharmapacks Review
Pharmapacks is an American health and beauty e-commerce platform with logistics, distribution, marketing and sales solutions. It provides a large number of unknown brands with access to its e-commerce platform and consumer base. The company sells its products directly to consumers through online marketplaces including Amazon, Walmart.com and eBay, and also sells its products on the Pharmagenetics website. Nature Health and Beauty Platform Founded in 2010 Current Financing Round Strategic Financing


Basic Introduction

Led by CEO Andrew Vagenas, Pharmapacks is an e-commerce company with a proprietary technology platform that features logistics, fulfillment, marketing and sales solutions. With a team of best-in-class e-commerce experts with over 10 years of experience, the company has 850 employees connecting consumers to their favorite brands on online marketplaces such as Amazon, Walmart, Google, eBay and Facebook.

Financing History

In June 2018, Pharmapacks raised $32.5 million in a strategic round led by multinational CPG company RB (LSE: RB), with additional investments from McKesson Ventures, Sealed Air (NYSE: SEE) and Emerson Group.

In July 2020, Pharmapacks received a strategic investment of US$150 million from McKesson Ventures, Emerson Group, JPMorgan Chase, GPI Capital, Reckitt Benckiser, and Sealed Air Corporation.

References

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