Pharmacy Marketplace has announced the completion of its Series Seed-3 financing round, which included participation from Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc. The partnership promotes the scalability and accessibility of the Pharmacy Marketplace software, which serves independent pharmacies worldwide.

As the pharmaceutical market evolved, pharmacy owners created Pharmacy Marketplace to leverage the power of reactive artificial intelligence modules to synthesize purchasing variables and improve business performance for independent pharmacies.

This investment contributes to Pharmacy Marketplace’s next phase. To ensure pharmacies integrate Pharmacy Marketplace into workflows and maximize the platform’s benefits, capital will be invested to increase the platform’s capabilities and train the customer success team.

Independent pharmacies can join Pharmacy Marketplace to gain access to the powerful purchasing platform required to navigate today’s complex marketplace.

Pharmacy Marketplace is a powerful software platform developed by pharmacy owners for pharmacy owners to support real-time purchasing decisions in order to reduce inventory costs and increase the sustainability of independent pharmacies.