Baropharm
약국 경영의 모든 것 (Everything for pharmacy management).
Seoul, South Korea · Founded 2019 · $30.1M raised
- Headquarters
- Seoul
- Employees
- 51–200
- Founded
- 2019
- Business Model
- B2B
- Website
- baropharm.com
- Total Funding
- $30.1M
- Last Round
- $13.5M Growth EquityAug 2024
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Baropharm is a Seoul-based healthcare technology company that operates South Korea's leading integrated pharmacy management platform. Founded in 2019 in Gangnam-gu, Seoul, Baropharm's platform consolidates direct and indirect pharmaceutical wholesale ordering, returns management, inventory tracking, and community features into a single pharmacist-facing application. The platform serves over 23,000 registered pharmacies and hosts more than 160,000 community posts, reflecting its role as the dominant digital hub for Korean pharmacists. Through its subsidiary Brp Labs (acquired 2023), Baropharm extends into drug discovery adjacent services. The company has raised multiple rounds of venture funding from investors including SBVA, Mirae Asset Capital, and KDB Capital, reaching approximately 55 employees. Baropharm filed for an IPO on the Korean exchange in 2024, though the IPO was subsequently cancelled.
Summary
Baropharm is a Healthcare company based in Seoul, South Korea, founded in 2019. It has raised $30.1M in total across 2 rounds, most recently a $13.5M Growth Equity round in Aug 2024. Investors include SBVA, Mirae Asset and KDB Capital.
Tech & App Stack
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Funding History
Aug 2024
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Funding: Growth Equity. Amounts, valuations, and investors where available.
Investors
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