Ukrainian medicine delivery service Liki24 raises $9M to scale in Europe

Ukrainian healthtech marketplace Liki24 has raised $9 million in Series A investment to expand into new European markets and further develop the platform.

The company announced this in a press release.

The investors in this round include u.ventures, TA Ventures, iClub, N1 Ventures, SID Venture Partners, MA7 Ventures, DniproVC, Anton Borzov, the first WhatsApp product designer, and others.

Liki24 is a marketplace offering over 200,000 health and beauty products from 13,000+ sellers and 50+ brands. The service allows you to:

  • compare prices between sellers and choose more profitable international or faster local options;

  • save up to 50% on the cost of goods;

  • receive consolidated delivery from different pharmacies or countries in one parcel, thanks to AI algorithms;

  • use free delivery in some cases.

The company was founded in 2017 by Anton Avrinskyi, Dmytro Liatambur, Serhii Fadeev, Serhii Klebanov, and Volodymyr Zubenko.

Prior to the Series A round, the company had already raised about $6 million in investments and worked with 12,000+ pharmacies in Ukraine, including ANC, Apteka Dobroho Dnia, 9-1-1, and others.

The platform operates in nine European countries: Italy, Germany, Ukraine, Romania, France, Austria, the Netherlands, Belgium, and Spain.

Source: https://ain.ua/