NowRx, a Mountain View, CA-based on-demand pharmacy that provides same-day and same-hour delivery of prescription medications, completed a $7m Series A funding round.
The funds were raised via SeedInvest.com, an Regulation A+ crowdfunding platform.
The company will use the funding to accelerate technology development and expand its last mile delivery of medications to new service areas in California.
Led by Cary Breese, CEO, NowRx is a technology-driven, on-demand pharmacy supported by logistics, predictive delivery, robotics and patient analytics. With the app, or with a phone call, customers can submit prescriptions, consult with a pharmacist, and schedule free, same-day delivery of prescription medications. One-hour delivery is also available for a small fee.
Since launching in 2016, NowRx has filled over 50,000 prescriptions, served more than 8,600 customers, and has received prescriptions from more than 1,900 prescribing physicians.
The company plans to open additional pharmacy facilities to serve the San Francisco Peninsula and South Bay and the Los Angeles/Orange County markets and later nationwide.
FinSMEs
16/10/2018