Asteres

BiotechnologySeries CSan Diego, USasteres.com

Latest round

Series C

Last raised

Sep 2007

Total raised

$4M

Investors

4

About Asteres

Asteres Inc., founded in 2003 and headquartered in San Diego, US, specializes in automated pharmacy pickup solutions.50 mn in VENTURE DEBT.Asteres specializes in the development and deployment of automated pharmacy pickup solutions, primarily through its flagship product, ScriptCenter. ScriptCenter kiosks and lockers facilitate secure storage, tracking, and retrieval of prescriptions and healthcare products, enhancing pharmacy operational efficiency. The solution allows pharmacy staff to maintain control over prescription filling and verification while automating the collection process for patients. It is utilized in various healthcare settings, including retail pharmacies and health systems, and provides 24/7 access for patients. Asteres serves a diverse client base, including large healthcare organizations like Hackensack Meridian Health, reflecting the solution's broad applicability and impact on patient care.Asteres generates revenue through partnerships and product deployments within the healthcare sector on a business-to-business (B2B) model. Transactions typically involve agreements with healthcare providers and pharmacies, where ScriptCenter units are installed as part of a service agreement. These agreements encompass a combination of upfront installation fees and ongoing service or maintenance contracts, establishing a recurring revenue structure.In February 2012, Asteres Inc. The company plans to continue enhancing its ScriptCenter product line, with upcoming releases aimed at improving user interface and integration capabilities. Additionally, Asteres is targeting expansion into new geographic markets, specifically focusing on regions with developing healthcare infrastructures by 2025.

Who invested in Asteres

4 investors across 3 rounds

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Funding rounds

  1. Series C

    Sep 25, 2007

    Amount

    $4M

    Investors

    Locked

  2. Series B

    Nov 12, 2004

    Amount

    Undisclosed

    Investors

    Locked

  3. Series A

    Sep 23, 2003

    Amount

    Undisclosed

    Investors

    Locked

Questions about Asteres

Who invested in Asteres?

Asteres has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Asteres raised?

Asteres has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Asteres last raise money?

Asteres's most recent round on record is a Series C, in Sep 2007.

What does Asteres do?

Asteres is a biotechnology company.

Where is Asteres headquartered?

Asteres is headquartered in San Diego, US.

Which VCs invest in companies like Asteres?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Asteres's stage. Their profiles are linked below.

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