Pharmaca Integrative Pharmacy raises $7M in private offering

BOULDER — Pharmaca Integrative Pharmacy Inc., a Boulder-based chain of integrative pharmacies, has raised $7 million in private equity financing.

The raise was reported in a Regulation D filing with the U.S. Securities and Exchange Commission, Feb. 8.

Pharmaca’s chief executive, Richard Willis, did not immediately return a call for comment.

Willis was named president and CEO in January 2016. At the time, Willis hinted at future growth for the chain, which operates 29 pharmacies in five states.

“I look forward to a new chapter of growth for Pharmaca,” Willis said in a prepared statement when he was hired. “The company’s exceptional reputation of providing high-levels of customer service while creating a best-in-class product offering and store environment has provided it with a strong market position. This is a terrific opportunity that any leader would welcome.”

Pharmaca was founded in 2000 in Boulder and describes itself as “the nation’s first integrative pharmacy chain offering traditional pharmacy services alongside natural and complementary health solutions, including natural health and beauty products.”

Pharmaca operates 29 retail locations in five states, according to the company’s website, including California, Colorado, New Mexico, Oregon and Washington. The company is headquartered at 4940 Pearl East Circle, Suite 301, in Boulder and operates local stores at 645 S. Broadway, 1647 Pearl St. and 2700 Broadway, along with a store in Greenwood Village.

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