We invested in the world’s first AI-insurance company, and the outcomes have been exceptional. We also invested in the world’s first AI-lending company, and its immediate follow-on fundraise has validated our thesis. These companies are not merely technology firms; they possess full insurance, reinsurance, and lending licenses, enabling them to operate like traditional players, yet powered by AI. They do not simply supply technologies to incumbents; they operate as the insurers, as the lenders, using AI to transform their industries from within.
In that same construct, I am thrilled to announce that Tekedia Capital has invested in Pharmie AI, which is on course to become a category-king AI-powered pharmacy, not just a vendor of pharmacy tools or digital workflows.
Why does this matter? Independent pharmacies across communities are drowning in repetitive administrative tasks. Calls about refills, insurance checks, transfers, and appointments come nonstop. Pharmacists and technicians spend their day context switching, far from the essence of their profession: patient care. Turnover is high, training is expensive, and margins are evaporating. Pharmie changes that.
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Pharmie runs 24/7, autonomously handling these administrative burdens. It answers calls, processes refills, verifies insurance, schedules appointments, manages transfers, and even upsells delivery and vaccination services while integrating seamlessly with existing pharmacy management systems. Already, Pharmie is reducing phone volume by 70% across multiple independent pharmacies.
And the roadmap is clear: Pharmie with its partners could become a licensed pharmacy, especially in underserved and remote areas where pharmacies are scarce. It is integration of the full chain to unlock value for all stakeholders. That is why we are happy to support Pharmie AI.
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