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How Much Did Pharmapacks Raise? Headquarters, Funding & Key Investors

Pharmapacks has raised a total of $322 million in funding across multiple rounds, including a major $250 million Series D round in November 2020, which increased its valuation to $1.1 billion. Earlier rounds include a $40 million Series C and an undisclosed Series B backed by GPI Capital and JPMorgan Chase. Founded in 2011, Pharmapacks became a unicorn in under ten years by scaling its e-commerce platform for pharmaceuticals, beauty, and daily essentials. Strong investor participation from Carlyle Group, RB, and The Craftory fueled its rapid growth.

    Pharmapacks is a leading U.S.-based e-commerce platform specializing in pharmaceutical products, nutritional supplements, personal care, beauty essentials, and household goods. The platform serves millions of consumers with products spanning baby care, oral care, skincare, electronics, pest control, hair care, and wellness categories. Built on automation and a full-stack fulfillment engine, Pharmapacks focuses on competitive pricing, fast delivery, and reliable product sourcing, making it a preferred online destination for everyday essentials.

    What Is Pharmapacks and What Does It Do?

    Pharmapacks, founded in 2011 by Andrew Vagenas, Adam J. Berkowitz, and Bradley Tramunti, is a Hauppauge-based (United States) e-commerce company specializing in pharmaceutical and daily-use consumer products.

    Pharmapacks employs 984 people and offers a broad catalog across personal care, health, nutrition, cosmetics, and home essentials. Trusted by major brands and customers alike, 

    Pharmapacks leverages AI-driven logistics, optimized pricing engines, and efficient fulfillment workflows to deliver fast, reliable service nationwide.

    How Much Funding Has Pharmapacks Raised?

    1. Series D
      Amount Raised: $250M
      Date: November 2020
      Lead Investors: The Carlyle Group
      Motivation: To scale fulfillment operations, strengthen e-commerce automation, and expand nationwide distribution.
    2. Series C
      Amount Raised: $40M
      Date: September 2020
      Lead Investors: RB, The Craftory, The Straus Group, Emerson Group, Sawaya Partners
      Motivation: To expand inventory categories, strengthen supply-chain technology, and grow marketplace presence.

    Total Funding Raised: $322 Million

    Current Valuation: $1.1 Billion (as of November 2020)

    Latest Funding Date: November 2020

    Key Investors

    1. The Carlyle Group
      Details: One of the world’s largest global investment firms.
      Investment Focus Areas: Consumer goods, healthcare, enterprise tech.
      Notable Investments: Pharmapacks, Beautycounter, Supreme.
    2. RB (Reckitt Benckiser)
      Details: Global consumer health and hygiene products giant.
      Investment Focus Areas: Consumer wellness, personal care, healthcare retail.
      Notable Investments: Pharmapacks, Veja.
    3. GPI Capital
      Details: A growth-stage investment firm backing high-scale technology and consumer platforms.
      Investment Focus Areas: Consumer internet, fintech, marketplaces.
      Notable Investments: Pharmapacks, Vinted.

    Where Is Pharmapacks’ Headquarters?

    Pharmapacks is headquartered in Hauppauge, New York, a strategically located operations hub that supports large-scale logistics, warehousing, and e-commerce fulfillment. Its proximity to major transportation corridors enables efficient nationwide delivery and high-volume product handling.

    What’s Next for Pharmapacks?

    Pharmapacks aims to further strengthen its e-commerce infrastructure with enhanced automation, AI-driven inventory forecasting, and broader marketplace integration. As consumer demand for online healthcare and personal care products continues to rise, the company is positioned to expand category offerings, deepen brand partnerships, and optimize nationwide distribution to maintain competitiveness in the digital retail landscape.

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