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Scripx Pharmacy & Health isn't accepting new investments

Scripx Pharmacy & Health’s deadline was February 1, 2023

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Scripx Pharmacy & Health

Evolving the access and affordability of medications via tech and automation
B2C Healthcare Services Healthtech Apps
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Featured image of Scripx Pharmacy & Health
$42,451
Raised
105
Investors
Successfully funded and closed on February 1, 2023.
Invest in Scripx Pharmacy & Health

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Pitch Updates 14 Reviews 17
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Closed on February 1, 2023. Information may not be up-to-date. Campaign closed on February 1, 2023. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders Summary
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Scripx, Inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Scripx Pharmacy & Health Crowd SAFE Scripx Form C Amendment 12.30.22.pdf Scripx Form C.pdf
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Hear from some of the 105 investors in Scripx Pharmacy & Health


Show more

Highlights


10-24 employees
Company has 10-24 employees on payroll
$1M+ revenue
Company had over $1M in revenue in the past 12 months
Bootstrapped
High traction without any outside capital
  • 250% YoY revenue growth 2020 to 2021
  • Reported $800K in 22Q1 revenue for an annual revenue run rate of $3.20M
  • 300% increase in prescriptions delivered since year end 2020
  • June 2022 Launch of Scripx Telehealth and Specialty Medications
  • 1 proprietary middleware software, 2 pharmacy locations (2 in negotiation)
  • Over 17K customers to date
  • CLIA certified for COVID and other laboratory tests

Problem


Retail pharmacy has become an unavoidable ordeal

Moreover, they only serve people living nearby, provide limited home delivery, and have a large retail overhead!

—

The current process is time-consuming and inconvenient

Solution


What if we could have a platform that…

...Life would be easy, right?

Say hello to Scripx

Scripx is a Texas-based on-demand delivery pharmacy service that aims to change the way pharmacy services are delivered, managed, and administrated.

Product


How it works


Simply transfer refills or new prescriptions to us



Scripx goes to work
Upon receipt of your prescription or refill notice, you will receive a notice to schedule your delivery


Delivered. We now track, notify, and sync future refills



Technology is Key!


Traction


Financial highlights


Our journey




Partnerships & press


Business model


How do we work?


Market


The market
opportunity is huge

Total Addressable Market
Busy professionals—estimate

  1. High income—annual income between $90K and $400K (24.5%); estimate
  2. Consumers that value time over money (28%), M/A/R/C Research, 2009.

Why now?


There is an increased demand among consumers for same-day pharmacy services, virtual doctor visits, and voice-activated assistants at the convenience of mobile apps. We, at Scripx, want to capitalize on this and emerge on the top!

Competition


Competitive positioning


Vision and strategy


Go-to-market strategy & revenue projections

Year 1Year 2Year 3
  • Expand in DFW
  • Acquire 3rd Location
  • Expand in Texas: Houston, Austin, SA

  • Launch TeleMed Platform

  • Cash-Club Pricing Model


  • Expand in West: Phoenix, San Diego, LA, Denver, Las Vegas

  • RPM Integration

  • Payor and Big Pharma Integration

Marketing expansion
  • Advertising:
    • Sales Reps, Digital, Traditional, Franchising
  • Partnerships:
    • Courier providers, apartment communities, fitness centers, local and independent pharmacies, drug manufacturers, clinics, hospitals, and employer groups

—
Future proof

We will work to integrate smart technology (Alexa, Google, Siri), reminder/notification system for refills, drugs, and shipping updates, AI, AR, Blockchain, and drone delivery.

—
Expanding to new markets

Along with providing easier and quicker care, we can also expand to telemedicine ( TeleMed2U, Teladoc, Doctors On Demand, etc.), lifestyle drugs (erectile dysfunction, birth control), sporting supplements, and specialty markets (Oncology, Arthritis, etc.) 

Funding


$425k raised to date

Founders


  • A multi-time startup founder, Mr. Jon has 12+ years of pharmacy sales, mgmt., and business development experience
  • He holds a BS, MBA, DBA degrees in pharmacy & healthcare

  • An experienced multi-pharmacy owner
  • He holds a BS, MBA, DBA degrees in pharmacy & healthcare
  • Education: UNT School of pharmacy
  • Experience:  Cooks Medical, CVS

Summary


Why Invest in Scripx?

Deal terms


Valuation cap

$12,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

0%

If a trigger event for Scripx Pharmacy & Health occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Scripx Pharmacy & Health is accepting.
Learn more

Funding goal

$1.07M

The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Scripx Pharmacy & Health needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

Nominee Lead

Chief Executive Officer of the Company (currently Jon Eaton)

Will direct the Nominee on certain matters like voting, amendments and conversions affecting the security.
Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Scripx, Inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Scripx Pharmacy & Health Crowd SAFE Scripx Form C Amendment 12.30.22.pdf Scripx Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Scripx Pharmacy & Health.
Invest
$200
Receive
  • Scripx Logo T-Shirt
Invest
$500
Receive
  • Tier 1 bonus perks, plus Scripx logo Nike Hoodie and Yeti Rambler
Invest
$1,500
Receive
  • Tier 2 bonus perks, plus VIP badge on member profile and name recognized on Scripx website
1 investor
Invest
$7,500
Receive
  • Tier 3 bonus perks, plus entry into Texas vacation package: Drawing – Two investors will be selected in a random drawing to win a 2-night stay in Dallas, TX, tour the Scripx pharmacy facility and attend the Scripx Republic celebration dinner with Founder, Jon Eaton. All travel expenses paid for by Scripx.
  • Limited (24 left of 25)
Invest
$15,000
Receive
  • Tier 4 bonus perks, plus participation in a yearly one-on-one video chat session with the CEO and are invited to attend a group leadership dinner in Texas.
  • Limited (10 left of 10)
Invest
$30,000
Receive
  • Tier 5 bonus perks, plus participation in a quarterly group investor call with the CEO and are invited to join Scripx’s advisory board.
  • Limited (5 left of 5)

About Scripx Pharmacy & Health

Legal Name
Scripx, Inc
Founded
Mar 2021
Form
Delaware Corporation
Employees
8
Website
scripx.com
Social Media
Headquarters
Google Map location of of Scripx Pharmacy & Health
1312 14th Street , Plano, TX
Headquarters
1312 14th Street, Plano, TX, United States 75074

Scripx Pharmacy & Health Team
Everyone helping build Scripx Pharmacy & Health, not limited to employees

Profile picture of Jon Eaton
Jon Eaton
Founder
Profile picture of Tien Phan
Tien Phan
Pharmacist in Charge
Jon Eaton
Founder
Tien Phan
Pharmacist in Charge

Press

Meet Jon Eaton | Founder & President
SHOUTOUT DFW
·
Dec 21, 2021

We had the good fortune of connecting with Jon Eaton and we've shared our conversation below. Hi Jon, how do you think ab...

10 Essential On-Demand Services That Come To Your Home
Dallasites101 Dallasites101
·
Apr 8, 2021

Updated May 2021 There are several services around Dallas that are helping make your life a lot easier, while you can sta...

Local Start-Ups Delivering Prescriptions for Free
NBC 5 Dallas-Fort Worth NBC 5 Dallas-Fort Worth
·
Apr 17, 2020

Local businesses are teaming up to help North Texans get prescriptions while staying safe and staying home. Virtual pharm...

Alto Teams Up With Scripx to Deliver Prescriptions - D Ma...
D Magazine
·
Apr 14, 2020

Over the past month, around 95 percent of ride share requests disappeared for Dallas-based Alto as much of the city staye...

Virtual pharmacy startup pivots business model amid pandemic
North Texas Inno

While founded in 2018, Scripx launched its services at the beginning of 2020, after building out its platform and getting...

Logo of Scripx Pharmacy & Health

Scripx Pharmacy & Health

Scripx Pharmacy & Health successfully raised $42,451 from 105 investors on February 1, 2023
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