Funding round
PharmEasy Series A
PharmEasy, which works in digital healthcare platform services in Mumbai, raised $5.0M in a Series A round announced on 1 Jan 2016, led by Bessemer Venture Partners. 2 firms took part. It is PharmEasy's first venture round on record.
$5.0M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
PharmEasy did not disclose a valuation in this round. It is PharmEasy's first venture round on record, 1 year after it was founded in 2015. It is under 1% of the $858M PharmEasy has raised in the venture rounds on record. PharmEasy raised again 15 months later: a Series B round of $17M in Apr 2017. Its next priced round, a Series E in Apr 2021, valued it at $1.50B.
PharmEasy's funding rounds
PharmEasy has 6 venture rounds on record and 2 other deals. This one is highlighted.
- Series A this round 1 Jan 2016, led by Bessemer Venture Partners $5.0M
- Series B 3 Apr 2017, led by Bessemer Venture Partners and Orios Venture Partners $17M
- Series C 26 Sep 2018, led by Eight Roads $50M
- Debt not a venture round 27 Sep 2018 $5.5M
- Growth 27 Nov 2019 $220M
- Series E 7 Apr 2021, led by Prosus Ventures and TPG $350M$1.50B post-money
- Growth 30 Apr 2024, led by Manipal Education and Medical Group $216M$710M post-money
- Debt not a venture round 1 Sep 2025, led by 360 One $193M
Investors
Who put money in
Bessemer Venture Partners led the round with 1 other firm.
Lead investor
- Bessemer Venture Partners backs 412 venture-backed companies new investor
Also in the round
- backs 22 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations and working capital.
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series A rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 25 Jan 2016 | $20M | not disclosed | GE Ventures and OurCrowd |
| Tech Companies | 25 Jan 2016 | $20M | not disclosed | Prelude Ventures |
| Pivot Bio Chemicals | 1 Jan 2016 | $16M | not disclosed | DCVC and Prelude Ventures |
| Tech Companies | 26 Jan 2016 | $15M | not disclosed | not named |
| Tech Companies | 12 Jan 2016 | $15M | not disclosed | Social Capital |
| Tech Companies | 12 Jan 2016 | $13M | not disclosed | Imperial Innovations |
| Tech Companies | 6 Jan 2016 | $12M | not disclosed | Stage 1 Ventures |
| Tech Companies | 1 Jan 2016 | $12M | not disclosed | New Leaf Venture Partners |
Sources
Where this comes from
Reported by 1 source. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did PharmEasy raise in its Series A round?
PharmEasy raised $5.0M in its Series A round, announced in Jan 2016.
Who led PharmEasy's Series A round?
Bessemer Venture Partners led it, with Orios Venture Partners.
What was PharmEasy's valuation at the Series A round?
It was not disclosed.
Did PharmEasy raise again after this round?
Yes: a Series B round in Apr 2017 of $17M.