Promofarma is a marketplace for parapharmacy products. This young company, founded in 2010, has become a benchmark in its sector. In the last 3 years, Promofarma has raised one round per year. In this latest round, investors have been the same as those who already participated in the company, which proves their satisfaction with the project.
Promofarma closes its third round worth €2.6m
the marketplace specialising in the sale of parapharmacy products at national level, will use this new capital inflow to consolidate its brand, boost the channel mobileThe company will also expand its operational capacity to achieve excellence and faster delivery of orders.
The fact that investors who were already involved in the company participated in the round is a key indicator that they are happy with the company.
In 2015, PromoFarma 6.6m and expects to end 2016 with an annual turnover of more than €15m and a monthly turnover of more than €2m. Parapharmacy online expects to grow at a double-digit rate in 2017, exceeding €35 million, with the aim of reaching €100 million turnover in the next three years.
Is online pharmacy a successful model?
Although it is not yet possible to sell pharmaceutical products online in Spain, it is possible in other parts of the world. Companies such as Pillpack, CoreOnGo or 1mgare online e-commerce of pharmaceutical products, from different parts of the world, that have received investment in 2016.
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