TelePharm raises $2.5M for web-based telepharmacy platform

Story and images by Mark Sullivan / VentureBeat

There's still a lot of work to be done to get the nation's pharmacies, big and small, connected with each other and with patients. For rural pharmacies this connection can mean the difference between solvency and closure.

One Iowa City, Iowa-based startup TelePharm, has built a secure, proprietary tech platform that connects rural pharmacies to pharmacists in centralized locations.

The company, which was founded in 2012, has raised a $2.5 million funding round led by well-known medical tech venture capitalist John Pappajohn and Iowa state Board of Regents President Bruce Rastetter.

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