Good Pharm

What Good Pharm does

Good Pharm (굿팜) is a Seoul-based digital pharmacy platform founded in 2019 that sells an all-in-one SaaS subscription to independent pharmacies in South Korea. Its core offering, marketed under the "Pharmacy First" positioning, bundles six integrated modules: a compact self-service kiosk (36cm × 26cm × 20cm) for prescription intake and OTC payment, a barcode-free prescription scanning solution using smartphone, webcam, or high-speed scanner input, a Patient Medical Records (PMR) module, a Point-of-Sale (POS) module, a business management CRM with SMS marketing and coupon functionality, and a patient-facing Mobile Pharmacy App for prescription history, medication reminders, and on-site payment. The company also operates a complementary service, Pharmacy Lab (파머시 랩), providing eco-friendly interior design and consulting for pharmacy spaces.

The platform is priced at a flat 45,000 KRW per month (approximately USD $33) with no contract period, no cancellation penalty, and free maintenance and support. Go-to-market is product-led and self-service, with pharmacies signing up directly through goodpharm.kr, supplemented by YouTube tutorials and earned media in pharmacist trade publications. The customer base is exclusively composed of independent (SMB) pharmacies; six named testimonial customers across Seoul, Seongnam, Yongin, Anseong, Nowon, and Jungnang illustrate use cases ranging from handling 150 prescriptions per day with only two staff to voice-assisted intake and automatic substitute-dispensing. The company has 101–250 employees and has raised funding from C&Venture Partners, Dream Security, Bluepoint, and UDID, with a strategic partnership established with Kwang Dong Pharmaceutical (광동제약) in January 2023 to advance digital transformation in pharmaceutical distribution.

Good Pharm does not publicly disclose ARR, customer counts, or specific funding amounts, and there is no evidence of proprietary AI/ML technology, senior AI hires, or research output; the barcode-free scanning and voice-assistance features rely on basic image capture and rule-based automation. The company's reported customer outcomes (43% customer growth, 53% revisit rate, 75% revenue uplift at one deployment within three months) point to genuine product-market fit within the Korean independent pharmacy segment, though absolute scale remains undisclosed.

Name

Good Pharm

Legal name

Good Pharm (굿팜)

Website

https://goodpharm.kr

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Short description

Good Pharm (굿팜) is a Seoul-based SaaS platform that provides independent pharmacies in South Korea with an all-in-one digital solution bundling a self-service kiosk, barcode-free prescription scanning, patient records, POS, CRM, and a patient mobile app for a flat 45,000 KRW monthly subscription.

Ownership category

akta.pro rank

Product category

Pharmacy Management Software

NAICS

Custom Computer Programming Services (541511)

akta.pro primary industry

Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG)

akta.pro secondary industry

Retail & Community Pharmacies (Chain/Independent) (HLAFALAA)

Keywords

• Pharmacy digitalization
• Prescription management
• Pharmacy kiosk software
• Patient medication records
• Pharmacy POS system

Headquarters

HQ city

Kangnam

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. SaaS Subscription (모바일 약국): Monthly subscription model at 45,000 KRW per month providing access to the Good Pharm all-in-one pharmacy management platform including kiosk, mobile app, and management tools.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Good Pharm sells an all-in-one digital pharmacy transformation platform ("Good Pharm Solution / Pharmacy First") that combines a compact self-service kiosk, barcode-free prescription scanning, PMR (Patient Medical Record) management, POS, business-management CRM and a patient-facing mobile pharmacy app into a single SaaS subscription priced at 45,000 KRW per month for independent pharmacies in South Korea. The platform automates prescription intake, dispensing speed, inventory, customer retention and SMS marketing, and is supplemented by a separate "Pharmacy Lab" interior design and consulting service.

Product overview

Good Pharm is a unified pharmacy digital transformation platform under the Pharmacy First initiative, offering an All-in-one solution that combines multiple integrated modules. The core products include the Good Pharm Kiosk for self-service prescription intake and payment, the Barcode Free scanning solution for prescription input, PMR for patient medical records management, POS for sales processing, Business Management CRM for customer and inventory control, and the Mobile Pharmacy App for customer-facing services. These modules work together as an integrated ecosystem: the kiosk handles front-counter transactions, barcode-free enables rapid prescription entry, PMR maintains patient history, POS processes sales, CRM manages relationships and marketing, and the mobile app connects pharmacies with customers for loyalty, reminders, and consultation. Additionally, the Pharmacy Lab service provides interior design consulting for pharmacy spaces. The platform is priced at 45,000 KRW per month with no contract commitment or penalty fees.

Differentiator

Problem solved

Functional benefit

Brands

• 굿팜 키오스크 (Good Pharm Kiosk): Self-service pharmacy kiosk for prescription intake and OTC payment processing
• 바코드프리 (Barcode Free)
• PMR (Patient Medical Record)
• POS (Point of Sale)
• CRM (Customer Relationship Management)
• 모바일 약국 APP (Mobile Pharmacy APP)
• Pharmacy First

Products and services

• Good Pharm Solution (Pharmacy First) — All-in-One Digital Pharmacy Platform Unified pharmacy digital transformation platform bundled under Good Pharm's "Pharmacy First" initiative. Combines the Good Pharm Kiosk, Barcode-Free scanning, PMR, POS, Business Management CRM and Mobile Pharmacy App into a single SaaS subscription at 45,000 KRW per month with no contract commitment, no cancellation penalty and free maintenance. Targeted at independent pharmacies in South Korea seeking to digitize prescription intake, dispensing, payments and customer retention.
• Good Pharm Kiosk (굿팜 키오스크) Compact self-service pharmacy kiosk (36cm height x 26cm width x 20cm depth) for prescription intake and OTC payment. Supports payment-less prescription submission, multiple prescription batch entry, controlled-substance prescriptions, handling of non-covered dispensing fees by hospital, prescription + OTC combined payment, automatic substitute (대체조제) matching, and cash, card and app-based payment with automatic receipt transmission to the patient's Good Pharm mobile app. Designed to reduce customer wait times and no-shows for independent pharmacies.
• Mobile Pharmacy App (모바일약국 APP) Patient-facing mobile application for pharmacy customers. Provides medication compliance tracking, medication history (ETC, OTC, health supplements), loyalty rewards, medication reminders, pharmacy profiles, pharmacist consultation, drug search, and on-site payment. Used together with the Good Pharm Kiosk and the pharmacy's Good Pharm Solution subscription to drive customer retention and revisit rates.
• Pharmacy Lab (파머시 랩) Interior Design Service Pharmacy interior design and consulting service using eco-friendly E0-grade plywood, plant-based interior elements ("플랜테리어"), scientifically designed customer-flow layouts, external facade design, and warm color schemes. Marketed as the "first impression" service for pharmacies; portfolio includes renovations such as Gongsaeng Pharmacy and Baekdusan Pharmacy. Sold separately from the Good Pharm Solution SaaS.

Quantifiable outcome

• 30% faster prescription processing speed
• +3 more outcomes

Named customers6 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• 광동제약 (Gwangdong Pharmaceutical)coreStrategic or Co-development Partner · 16 January 2023Gwangdong Pharmaceutical established a strategic partnership with HealthPort digital pharmacy platform. This collaboration aims to accelerate digital transformation in the pharmaceutical distribution sector, with Good Pharm mentioned in the 약사공론 (Pharmacist Forum) coverage as part of this digital pharmacy ecosystem development.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• HealthPort: Korean digital pharmacy platform that partnered with Kwang Dong Pharmaceutical (Good Pharm's strategic investor) in 2023 to accelerate pharmacy digitalization. Operates in the same vertical SaaS category for Korean independent pharmacies, making it the closest direct comparable.
• PioneerRx: US-based pharmacy management software platform serving independent pharmacies with dispensing, workflow, and patient engagement modules. Closely mirrors Good Pharm's all-in-one value proposition for a similar SMB pharmacy customer base, despite operating in a different geography.
• Rx30: US pharmacy management system providing dispensing, clinical, POS, and patient management for independent and small-chain pharmacies. Comparable in offering breadth (POS + clinical + workflow) and target segment to Good Pharm's integrated platform.
• Digital Pharmacist: US patient-engagement and digital pharmacy platform offering mobile apps, medication reminders, and CRM for independent pharmacies. Closely aligns with Good Pharm's Mobile Pharmacy App and CRM modules and similar customer profile.
• BestRx: US pharmacy software platform for independent pharmacies offering dispensing, clinical, POS, and mobile patient engagement. Directly comparable on product scope and customer type to Good Pharm.
• Liberty Software: US pharmacy management system with dispensing, workflow, and clinical modules tailored to independent community pharmacies. Comparable all-in-one pharmacy management offering for a similar SMB customer profile.

Emerging players

• DoseSpot: ePrescribing and medication management platform focused on integrating prescription workflows. Adjacent to Good Pharm's barcode-free prescription input and PMR capabilities, but specializes in the prescribing rather than dispensing side of the workflow.

Broad incumbents

• McKesson Pharmacy Systems: Global healthcare and pharmacy IT incumbent offering enterprise pharmacy management solutions as part of a broader pharma services portfolio. Represents the broad-incumbent threat to Good Pharm if chain pharmacies or large independent groups consolidate purchasing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Good Pharm