Walgreens

Company

Investment-firm

Last deal

$25M

Amount

Grant

Stage

23.07.2024

Date

1

all rounds

$25M

Total amount

Financing round

General

About Company
Walgreens is the largest drugstore chain in the United States.

Related to

Walgreens Boots Alliance

Walgreens Boots Alliance

Walgreens Boots Alliance is a global retail pharmacy chain.

Sector

Personal Care, Drug and Grocery Stores

Subsector

Drug Retailers

Location

Deerfield, IL, USA

total rounds

2

total raised

$2.6B

count Of Investments

4

count Of Exists

2

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1901

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

With over 7,600 drugstores in all 50 states, Walgreens offers a wide range of pharmacy services, including retail, specialty, infusion, medical facility, and mail service. The company also operates convenient care clinics and worksite health centers through its subsidiary, Take Care Health Systems. Walgreens aims to improve health outcomes and lower costs for various payers, such as employers, managed care organizations, and the public sector. Additionally, Walgreens has invested in several portfolio startups in the consumer and healthcare industries, including Theranos, TytoCare, and MedAvail.
Contacts

Phone number

Social url

Sub-Organizations
10

Trinity Homecare

Trinity Homecare offers home health care services in the US.

Sector

Health Care Providers

Subsector

Health Care Facilities

Keywords

Health Care, Home Health Care, Medical

Location

College Point, Queens, NY, USA

Take Care Employer Solutions

Take Care Employer Solutions provides workplace healthcare services to employees and retirees.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Keywords

Health Care, Employee Benefits, Employment

Location

Franklin, TN, USA
RehabOptions

RehabOptions

RehabOptions is a free niche healthcare jobs website for physical therapy, occupational therapy, and speech-language pathology.

Sector

Industrial Support Services

Subsector

Business Training and Employment Agencies

Keywords

Health Care

Location

Woodstock, GA, USA
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Rexall

Rexall is a Canadian drugstore operator that provides easy access to health and wellness services and products.

Sector

Personal Care, Drug and Grocery Stores

Subsector

Drug Retailers

Keywords

Health Care, Pharmaceuticals, Medical

Location

Mississauga, ON, Canada
Kerr Drug

Kerr Drug

KERR DRUG provides comprehensive health and wellness services to patients and health plan sponsors.

Sector

Personal Care, Drug and Grocery Stores

Subsector

Drug Retailers

Keywords

Health Care, Pharmaceuticals, Medical

Location

Raleigh, NC, USA
Rite Aid

Rite Aid

Rite Aid is a full-service pharmacy that improves health outcomes.

Sector

Personal Care, Drug and Grocery Stores

Subsector

Drug Retailers

Keywords

Health Care, Pharmaceuticals, Medical

Location

Harrisburg, PA, USA

total rounds

3

total raised

$3.65B
Caremark

Caremark

Caremark is a company that provides integrated pharmacy health care services in the United States.

Sector

Personal Care, Drug and Grocery Stores

Subsector

Drug Retailers

Keywords

Health Care, Pharmaceuticals, Medical

Location

San Antonio, TX, USA

Financials

Funding Rounds
1
1

Number of Funding Rounds

$25M

Money Raised

Their latest funding was raised on 23.07.2024. Their latest investor Biomedical Advanced Research and Development Authority (BARDA). Their latest round Grant

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Biomedical Advanced Research and Development Authority (BARDA)

Biomedical Advanced Research and Development Authority (BARDA)

BARDA develops and purchases vaccines, drugs, therapies, and diagnostic tools for emergencies.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Keywords

Health Care, Medical, Biotechnology

Location

Washington Cir NW, Washington, DC, USA

count Of Investments

64

count Of Exists

2
Investments
5
Date 
name 
Lead 
type 
Raised 
29.01.2018
No
$27.1M
14.07.2015
No
$12.1M
16.10.2014
No
$30M
TytoCare

TytoCare

TytoCare is a telehealth platform that offers AI-powered and on-demand remote medical examinations.

Sector

Health Care Providers

Subsector

Health Care Services

Location

New York, NY, USA

total rounds

8

total raised

$205.7M
TytoCare

TytoCare

TytoCare is a telehealth platform that offers AI-powered and on-demand remote medical examinations.

Sector

Health Care Providers

Subsector

Health Care Services

Location

New York, NY, USA

total rounds

8

total raised

$205.7M
MedAvail

MedAvail

MedAvail is a telehealth-enabled pharmacy technology company that focuses on advanced nutrition products.

Sector

Personal Care, Drug and Grocery Stores

Subsector

Drug Retailers

Keywords

Health Care, Medical, Pharmaceuticals

Location

Mississauga, ON, Canada

total rounds

8

total raised

$242.27M
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Biomedical Advanced Research and Development Authority (BARDA)

Biomedical Advanced Research and Development Authority (BARDA)

BARDA develops and purchases vaccines, drugs, therapies, and diagnostic tools for emergencies.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Keywords

Health Care, Medical, Biotechnology

Location

Washington Cir NW, Washington, DC, USA

count Of Investments

64

count Of Exists

2
Acquisitions
7
Acquiree Name 
Date 
Price 
Acquisition Name 
CareCentrix acquired by Walgreens

CareCentrix acquired by Walgreens

acquirer

Walgreens
Walgreens

date

12.10.2022

type

Acquisition

price

$392M
CareCentrix

CareCentrix

CareCentrix connects patients with home care services through a national network of providers.

Sector

Health Care Providers

Subsector

Health Care Services

Keywords

Health Care, Medical

Location

East Hartford, CT, USA

total rounds

1

count Of Investments

2
VillageMD acquired by Walgreens

VillageMD acquired by Walgreens

acquirer

Walgreens
Walgreens

date

14.10.2021

type

Acquisition

price

$5.2B
VillageMD

VillageMD

VillageMD develops primary care clinics for better clinical outcomes and patient experience.

Sector

Health Care Providers

Subsector

Health Care Services

Keywords

Health Care, Clinical Trials, Medical

Location

Chicago, IL, USA

total rounds

4

total raised

$491M

Alliance Boots acquired by Walgreens

acquirer

Walgreens
Walgreens

date

29.12.2014

type

Acquisition

price

$11.97B

Alliance Boots

Alliance Boots is an international pharmacy-led health and beauty group that provides a range of products and services.

Sector

Medical Equipment and Services

Subsector

Medical Supplies

Keywords

Beauty, Pharmaceuticals, Financial Services

Location

Deerfield, IL, USA

count Of Investments

1
Exits
1
Theranos

Theranos

Theranos was a medical device company that aimed to provide clinical decision-support systems.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Location

Palo Alto, CA, USA

total rounds

10

total raised

$1.37B

People

Founders
1
Charles Rudolph Walgreen
Charles Rudolph Walgreen

Charles Rudolph Walgreen

organization founded

2

Charles Rudolph Walgreen

Employee Profiles
6391
Luke Rauch

Luke Rauch

Senior Vice President and Chief Merchandising Officer

Diyan Todorov

Finance manager

Devin Bates

Senior compliance analyst

Antonio Dean

Dc group supervisor

Srinivas Chimbili

Enterprise data architect

Karlie Keck

Manager, 340b operations

Jeremy Zuke

Director, loyalty strategy and insights

Anna Gleyzer

Marketing and merchandising rotational analyst

Activity

Recent News
175
News Timeline

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