Fracción is an e-commerce platform that enables customers to purchase pharmacy products using their complementary insurance, streamlining the medication acquisition process. The platform addresses the challenge of accessing affordable medications by providing a wide range of pharmaceutical categories and facilitating transactions through insurance coverage.
Funding
$8.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many customers face challenges in affording prescription medications, especially when relying solely on traditional insurance plans. Navigating different pharmacies and understanding insurance coverage can be complex and time-consuming.
Solution
Fracción is an e-commerce platform that simplifies the process of purchasing pharmacy products by integrating with complementary insurance plans. Customers can easily browse a wide selection of medications across various pharmaceutical categories and complete transactions using their insurance coverage directly through the platform. By streamlining the medication acquisition process, Fracción makes healthcare more accessible and affordable. The platform handles insurance claims automatically, eliminating the need for manual reimbursement processes.
Target Audience
Fracción primarily targets individuals with complementary insurance plans who seek a convenient and affordable way to purchase prescription medications online.
Features
- Online marketplace for a wide range of pharmacy products
- Integration with complementary insurance plans for direct payment
- Automatic claims processing, eliminating the need for manual reimbursement
- Search and filter functionality to quickly find needed medications
- Secure platform for managing prescriptions and insurance information
- Delivery options available
- Mobile-friendly interface for convenient access on any device