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ScriptCo Pharmacy

The ONLY pharmacy in America not making a margin on medications.

About ScriptCo Pharmacy

• Radically transparent prescription costs.
• ScriptCo Pharmacy buys and sells medication at cost.
• No “surprise” copay or deductible when the PBM updates their formulary
• No restrictions on medication “day supply” - We can fill up to a 90 day supply in most instances.
Technology: Open API pharmacy software, medication dispensing robots, CRM software integrated w/pharmacy software, Scriptco.com platform

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Problem statement

• Prescription cost transparency – Americans and self funded employer plans have no idea what the real cost of their medication should be.
• High Copays/Deductibles – The insured population out of pocket expense has risen year over year. Consumers realize using their insurance for prescriptions can cost more.
• Self-funded employer plans can now remove all of the extra cost from their pharmacy benefit portion of health care saving on average $250 per belly button per year by utilizing ScriptCo instead of the traditional insurance ecosystem.
• Insurance companies (PBM’s) are continually changing formularies, creating surprise cost for a drug that was once a low costs for that patient.
• The uninsured population is having problems affording their medications.
• ScriptCo launched its business-to-business platform in July of 2023 and on average is saving self-funded employer plans $250 per belly button per year after paying for all expenses.
• The business-to-business platform allows plan sponsors to onboard 1 or 100,000 lives into the ScriptCo ecosystem with the click of a button.

Traction information

High points on ScriptCo.
• $1,000,000 + revenue
• B2B platform live for self funded plans, associations, membership organizations
• 85 million lives receive their healthcare benefits through self funded plans
• 2.2% Average Monthly Churn
• Robotic fulfilment operations
• API integrations between all technology utilized
• 4.9 Google star rating
• Pharmacy facility and infrastructure built to handle up to 1,000,000 eligible members (36M ARR)
• Licensed in 48 states plus DC

Product video

Updates

Carolyn Houren has visited this profile using a private link.
Added about 1 year ago

High points on ScriptCo as of 3-1-22.
• $500,000 + revenue
• Memberships almost doubling YR over YR organically
• TAM, 63M Americans on 3 or more maintenance meds
• 2.2% Average Monthly Churn
• LTV $496
• 2022 CAC $112, 2021 CAC $218
• Robotic fulfilment operations
• API integrations between all technology utilized
• 4.9 Google star rating
• Pharmacy facility and infrastructure built to handle up to 200k members (30M ARR)
• Licensed in 46 states plus DC
• Licensed in all 50 states plus DC by end of Q2 2022

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Profile created.
Added about 3 years ago

Funding

Not raising capital right now

$950,000
committed
$1,750,000
round goal
Total raised to date:$3,500,000

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