Nowrx Launches $73 Million Series C Round On Equity Crowdfunding Platform Seedinvest; Funds Will Be Used To Expand Same Day Delivery Of Prescriptions And Telehealth Services

Oct 07, 2021•almost 4 years ago

Amount Raised

$73 Million

Round Type

series c

Mountain ViewCommerce And Shopping

Description

NowRx, a provider of same day prescription delivery and telehealth services, today announced that it is now accepting reservations for its $73 million Series C equity crowdfunding round on SeedInvest, a leading equity crowdfunding platform. NowRx’s previous round, which raised $20M, was oversubscribed and was the largest raise on SeedInvest at that time. Once completed, the Series C round will bring the company’s total funding to more than $100 million. Since opening the Series C round to reservations more than $8 million has already been committed.

Company Information

Company

Now Rx

Location

Mountain View, California, United States

About

NowRx is redefining healthcare by providing same day pharmacy delivery and telehealth services. By leveraging customized robotic dispensing, industry leading consumer and driver apps, and QuickFill, a proprietary pharmacy management and logistics system, NowRx can offer same day end-to-end services, from online prescribing to prescription delivery. This includes telehealth services to prescribe for several conditions, searches for discount coupons, insurance approval, payment assistance, live customer service, and same day prescription delivery. To date, NowRx has 8 DEA licensed micro fulfillment pharmacies spread across the San Francisco Bay Area, Orange County, Los Angeles, and Phoenix with more than 35K customers and 365K prescriptions successfully delivered to date. Additionally, at the time of writing, every single NowRx location boasts a 5-star review rating on Yelp from patients and doctors. Learn more at www.nowrx.com.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech