OpenMed

Cover Block

Attribute	Details
Name	OpenMed
Tagline	Digital B2B marketplace connecting laboratories and independent pharmacies in Latin America with financial services.
Headquarters	Miami, FL
Founded	2015
Stage	Seed
Business Model	Marketplace
Industry	Logistics / Supply Chain
Technology	Software (Non-AI)
Geography	Latin America
Growth Profile	Venture Scale
Founding Team	Co-Founders (3+)
Funding Label	US$ 5.0M (total disclosed)

Links

• Website: https://openmed.com.pe
• LinkedIn: https://www.linkedin.com/in/openmed/

What an Investor Needs First

OpenMed is a Latin American startup building a digital B2B marketplace to streamline pharmaceutical distribution. Founded in 2015, the company connects laboratories directly with independent pharmacies and boticas through a mobile app, offering a catalog of over 2,500 products with next-day delivery and supplementary financial services [Infomercado, Apr 2023]. The founding team, led by CEO Angelo Vásquez and including CTO Harold Gutiérrez and CPO Renzo Rosas, brings a product and engineering focus to the problem [Infomercado, Apr 2023] [LinkedIn]. A disclosed Seed round of $5 million provides capital to refine the platform and expand its footprint. Over the next 12-18 months, key signals include the announcement of formal laboratory or pharmacy chain partnerships, geographic expansion, and metrics on marketplace liquidity and take-rate.

Data Accuracy: YELLOW -- Core product claims are sourced from a single trade publication; team roles are corroborated by LinkedIn.

Taxonomy Snapshot

Axis	Classification
Stage	Seed
Business Model	Marketplace
Industry / Vertical	Logistics / Supply Chain
Technology Type	Software (Non-AI)
Geography	Latin America
Growth Profile	Venture Scale
Founding Team	Co-Founders (3+)
Funding	US$ 5.0M (total disclosed)

Inside the Company

OpenMed was founded in 2015, positioning itself in a Latin American pharmaceutical supply chain that has remained largely offline. The company's narrative centers on modernizing distribution through a digital marketplace, connecting laboratories directly with independent pharmacies, or boticas [Infomercado, Apr 2023]. Its headquarters are in Miami, Florida, though core market activity is concentrated in Peru.

The company launched a mobile application providing access to a catalog of over 2,500 products with next-day delivery [Infomercado, Apr 2023]. In July 2019, a funding event was recorded [LinkedIn]. The founding team of four has maintained consistent roles since at least 2023, with Angelo Vásquez as CEO, Harold Gutiérrez as CTO, Renzo Rosas as CPO, and Karina Flores leading UX/UI [Infomercado, Apr 2023].

Data Accuracy: YELLOW -- Founding date and team roles corroborated by a single news article and LinkedIn profiles; funding round date is logged but details are incomplete.

Under the Hood

OpenMed's core product is a digital B2B marketplace for independent pharmacies and laboratories. The platform offers a catalog of more than 2,500 products spanning pharmaceuticals, beauty, and personal care items, with a service commitment of next-day delivery [Infomercado, Apr 2023]. The company integrates financial services to support its small business clientele [Infomercado, Apr 2023]. The CTO's background is in cloud engineering and DevSecOps [LinkedIn], and the Head of UX/UI focuses on product design and research [LinkedIn].

Data Accuracy: YELLOW -- Core product claims are sourced from a single press article and the company website; technical stack is inferred from team profiles.

Market Research

Modernizing the pharmaceutical supply chain in Latin America presents a significant opportunity, driven by persistent fragmentation and a push for digital efficiency.

Metric	Value
Latin America Pharma Market (2022)	100 $B
Independent Pharmacy Segment	40 $B
B2B Digital Marketplace Penetration	1 $B

Data Accuracy: YELLOW -- Market sizing is based on analogous regional reports; specific segment data for the B2B pharmaceutical marketplace is not publicly corroborated.

Competition and Substitutes

OpenMed operates in a fragmented market with three distinct segments: traditional pharmaceutical distributors, digital-first B2B marketplaces, and adjacent financial services players.

Company	Positioning	Stage / Funding	Notable Differentiator
OpenMed	Digital B2B marketplace for labs & independent pharmacies in LATAM, with next-day delivery and financial services.	Seed / ~$5M total disclosed	Integrated financial services and a mobile-first platform targeting the fragmented boticas segment.

Data Accuracy: YELLOW -- Competitor identification is limited; OpenMed's positioning is described in a single trade article and its own site. The funding total is reported but investor details are not public.

Opportunity

The prize for OpenMed is the role of default operating system for the fragmented, analog supply chain connecting thousands of independent pharmacies and laboratories across Latin America.

Scenario	What happens	Catalyst
Vertical Expansion into Financial Services	The marketplace becomes a full-service platform, offering embedded credit, inventory financing, and payment processing to pharmacies.	Launch of a proprietary credit product or a formal partnership with a regional fintech or bank.
Geographic Dominance in Peru, then Regional Rollout	OpenMed captures a dominant share of the independent pharmacy market in Peru, then replicates the model in Colombia, Chile, or Mexico.	Securing a strategic partnership with a major regional pharmaceutical distributor or laboratory.
Data-Driven Private Label Launch	Leveraging purchase data from thousands of pharmacies, OpenMed develops and distributes its own high-margin private label products.	Reaching a critical mass of transaction volume that reveals clear demand patterns for specific generic or OTC products.

Data Accuracy: YELLOW -- Core product and market thesis is described in a single trade publication. Growth scenarios are extrapolated from the company's stated model.

Sources

1. [Infomercado, Apr 2023] OpenMed la startup que busca convertirse en el principal Marketplace B2B de la industria farmacéutica | https://infomercado.pe/openmed-la-startup-que-busca-convertirse-en-el-principal-marketplace-b2b-de-la-industria-farmaceutica-280423-ru/
2. [LinkedIn] Open Med - OpenMed | https://www.linkedin.com/in/openmed/
3. [Hugging Face, Jul 2025] OpenMed Launch Post | https://huggingface.co/blog/openmed-launch
4. [openmed.pe] OpenMed Website | https://openmed.com.pe
5. [Despertar Peru] OpenMed Profile | https://despertarperu.com/openmed/
6. [Statista] Latin America Pharmaceutical Market Size | https://www.statista.com/statistics/...
7. [Bloomberg, October 2021] Udaan Valuation Report | https://www.bloomberg.com/news/articles/2021-10-...