What is Buford Road Pharmacy?
Buford Road Pharmacy, a fixture in Historic Bon Air, VA, for over five decades, is a locally owned and operated independent pharmacy serving the Richmond, VA community and its surrounding counties. The company provides a comprehensive range of services, including home health supplies, durable medical equipment, prescription compounding, full-service floral arrangements, wholesale medical supplies, long-term care pharmacy services, and clinical services. Buford Road Pharmacy also offers complimentary delivery within a 10-mile radius to Chesterfield, Henrico, Midlothian, Powhatan, and Richmond City, demonstrating a strong commitment to community healthcare accessibility.
How much funding has Buford Road Pharmacy raised?
Buford Road Pharmacy has raised a total of $2.4M across 2 funding rounds:
Debt
$150K
Debt
$2.2M
Debt (2020): $150K with participation from PPP
Debt (2024): $2.2M led by First Financial Bank
Key Investors in Buford Road Pharmacy
First Financial Bank
First Financial Bank is a financial institution likely providing debt financing and banking services to support Buford Road Pharmacy's operational needs and growth initiatives.
PPP
Public-Private Partnership
What's next for Buford Road Pharmacy?
The recent major strategic investment signals a new phase of growth and operational enhancement for Buford Road Pharmacy. This capital infusion is expected to bolster the company's service offerings, potentially expand its delivery network, and further solidify its position as a vital healthcare provider in the region. The enterprise-level funding suggests a strategic focus on scaling operations and possibly integrating new technologies to meet evolving community healthcare demands.
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