digital pharmacy

By Laura Lovett 01:28 pm August 31, 2020
GoodRx, an online pharmacy platform for low-cost prescriptions and price comparisons, filed SEC documents seeking to go public on Nasdaq Friday.  Founded in 2011, GoodRx made its name with a platform and mobile app that lets self-paying customers compare medication prices and discounts. Users can bring a printed or digital coupon to major pharmacies when ordering their prescriptions. The platform...
By Dave Muoio 02:49 pm July 30, 2020
D2C wellness and telehealth startup Hims & Hers is looking to cut down the time between medication orders and delivery for certain customers. Thanks to a newly announced partnership, patients receiving virtual primary care services through Hims & Hers may choose to select Alto as their preferred pharmacy for prescription deliveries. They will have their orders fulfilled automatically ...
By Dave Muoio 03:15 pm July 20, 2020
NowRx, an online pharmacy that specializes in same-day, same-hour prescription deliveries – wrapped up a $20 million Series B funding round, again through crowdfunding platform SeedInvest. The company said this brings its total raise to $30 million. NowRx combines proprietary pharmacy management software with last-mile logistics to provide a consumer app that simplifies orders and ensures prompt...
By Laura Lovett 02:42 pm July 14, 2020
This morning digital pharmacy Medly announced the close of a $100 million Series B funding round. The new infusion of cash was led by Volition Capital and Greycroft with participation from Horsley Bridge and Lerer Hippeau. This comes roughly a year after the New York-based company announced the close of its Series A funding round, which was also led by Greycroft, for an undisclosed amount.  WHAT...

Credit: Boots UK

By Sophie Porter 02:14 am April 18, 2020
Boots, the UK’s largest pharmacy-led health and beauty company, has announced the new stage in the digitisation of its pharmacy service with digital healthcare provider LIVI. The partnership will trial a new online video-consultation platform that connects GPs and Boots’ pharmacists, enabling professionals to provide advice to patients in a safe way through the LIVI app. WHY IT MATTERS Patients...
By Laura Lovett 02:17 pm March 17, 2020
Yesterday a new digital pharmacy launched, dubbed Genius Rx. The new platform will include an artificial intelligence enabled patient engagement tool, which aims to make the experience more personalized, as well as a smart pricing function. In part, the company said this is an effort to rebrand and automate Mailmyprescriptions.com, which will now be rolled into its pharmacy-as-a-service platform...
By Dave Muoio 02:47 pm January 30, 2020
Alto, a digital pharmacy and drug delivery company, will announce next week the close of a $250 million Series D funding round headed by SoftBank’s Vision Fund 2, Reuters and others reported this morning. Greenoaks Capital, Jackson Square Ventures and other prior backers also participated in the round. This round would bring Alto’s total raise to more than $350 million, and its valuation to more...
By Laura Lovett 12:11 pm September 16, 2019
Digital pharmacy Capsule has scored $200 million in new funding. The latest round was led by TCV with participation from Thrive Capital and Glade Brook Capital. This news comes a little over a year after the New York-based startup announced a $50 million Series B round, and about two years after its $20 million Series A round. WHAT THEY DO  The company offers hand-delivered same-day medication...
By Dave Muoio 03:05 pm June 14, 2019
ZappRx, a digital specialty prescription and prior authorization platform, has been purchased by EHR vendor Allscripts for an unknown sum. CNBC broke the news yesterday, which MobiHealthNews confirmed with Allscripts. CNBC’s sources said that the deal’s value did not exceed the total that investors poured into ZappRx, which Crunchbase pegs at $41 million. Founded in 2012 and based in Boston,...
By Laura Lovett 03:19 pm June 5, 2019
Digital pharmacy Medly has announced a new Series A funding round led by Greycroft for an undisclosed amount.  WHAT THEY DO The New York City-based startup provides same-day delivery of a patient’s prescription medication. A patient can have their provider send their prescriptions to the Medly platform.  Users can then book a time when it's easy for them to be home and sign for the prescription....