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Recently Funded|Amount: GBP 1.7M|Industry: Hospitals and Health Care

Medly Secures $1.7M Seed Round to Revolutionize Digital Pharmacy Services

Medly

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1,001-5,000 employees employees (Est.)
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Medly, your digital pharmacy, is thrilled to announce the successful raise of $1,700,000 in funding—a significant milestone that reinforces our commitment to revolutionizing the prescription process and making it simpler, easier, and faster for everyone. Founded by second-generation pharmacists, Medly has always been driven by the mission to improve and transform the pharmacy experience through the seamless integration of cutting-edge technology and the convenience our customers deserve. With free delivery, expert pharmacists, and always-on customer service at the core of our service model, we have become the one-stop destination for all pharmacy needs, offering everything from specialty medications to generics. Since launching our inaugural brick-and-mortar location in Brooklyn in 2017, our footprint has rapidly expanded across cities nationwide, reflecting the trust and satisfaction of patients who now rely on our digital platform for efficient and personalized care. The new capital injection will be strategically deployed to enhance our technological infrastructure, further streamline our prescription fulfillment process, and broaden our geographic reach to underserved communities. Additionally, the funding enables us to invest in advanced data analytics and innovative customer engagement tools, ensuring that our service quality remains unparalleled in the evolving healthcare landscape. As Medly continues to lead the way in digital healthcare innovation, we remain dedicated to empowering patients by providing a pharmacy experience that is not only more convenient but also remarkably reliable and secure. This funding milestone marks a new chapter for Medly—a future where easier access to medications is a guarantee for every patient, regardless of location.
February 25, 2025

Buying Signals & Intent

Our AI suggests Medly may be interested in solutions related to:

  • Prescription services
  • Delivery services
  • Pharmaceutical technology
  • Customer service solutions
  • Healthcare logistics

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