Charac, a London, UK-based healthcare SaaS provider, secured an investment.
The investment was from Traditum.
Founded in 2019, Traditum is a private equity investment firm based in Leeds, United Kingdom. The firm seeks to invest in families and businesses with a track record of profitability and management. The firm supports finance for continuity of family ownership, growth expansion, and acquisitions.
Charac Use of Funds
The company will use the funding to enhance its online platform for independent pharmacies. The funding will support growth in the UK and internationally, following the launch of the Government's Pharmacy First scheme.
Charac is a developer of a software platform intended to connect patients with local pharmacies. Charac is on a mission to provide a one-stop digital platform for all independent community pharmacies to effectively manage the total patient experience. Its technology allows independent community pharmacies to actively manage their patient relationships while improving patient retention. Charac enables pharmacies to deliver more primary and secondary care and private services to the benefit of the community and NHS. The company has already signed up 800 pharmacies with 36,000 patients in the UK.
Company: Charac Limited
Funding Month: February 2024
Lead Investors: Traditum
Company Website: https://charac.co.uk/
Software Category: Pharmacy
Source: Sam Kennerley