# Farmacare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/farmacare

- Industry: Software
- Headquarters: Indonesia
- Website: www.farmacare.id
- Latest round: Seed (Oct 22, 2021)
- Investors on record: 4

## About

Farmacare is an Indonesian technology firm specializing in pharmacy management applications that enhance operational efficiency for pharmacies throughout the country.Founded in 2020 and headquartered in Indonesia, Farmacare provides pharmacy management solutions. The firm secured its first funding round with a SEED investment in October 2021, led by BEENEXT and others. Hector Gensollen serves as the CEO.Farmacare offers a comprehensive pharmacy management application designed to streamline operations for pharmacies. This software facilitates various functions including sales tracking, inventory management, procurement, employee management, financial oversight, and financing solutions. The application supports over 1,600 pharmacies across 350 cities in Indonesia, addressing challenges such as manual record-keeping and inventory discrepancies. Pharmacies can go live within one week, enhancing operational efficiency.Farmacare operates on a subscription-based revenue model, charging IDR 249,000 per month per pharmacy, allowing unlimited devices and users. This model promotes widespread adoption among pharmacy staff. Subscriptions include features such as sales, purchasing, and inventory reporting, with discounts for longer commitments, fostering long-term partnerships through integrated training and support.Following the SEED funding round in October 2021, Farmacare plans to leverage this investment to expand its pharmacy management solutions throughout Indonesia. The firm is also exploring opportunities to introduce new products designed to further streamline pharmacy operations. Specific details regarding the launch of these new products and geographical expansion are not yet available.

## Funding rounds

- Seed, Oct 22, 2021 — BEENEXT, Taurus Ventures, iSeed, Indonesia Women Empowerment Fund

## Investors

- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed
- Taurus Ventures (https://capitalatlas.ai/funds/taurus-ventures) — Seed
- iSeed (https://capitalatlas.ai/funds/iseed) — Seed
- Indonesia Women Empowerment Fund — Seed