NowRx, an on-demand pharmacy band-aid of sorts, aloof bankrupt a $7 actor Series A annular via the SeedInvest crowdfunding platform. The aggregation had ahead aloft a $3 actor berry round.
As the on-demand industry flourished and NowRx co-founder Cary Breese amidst himself with bodies from the pharmacy industry, Breese said it became bright to him that there was “no acumen why [an on-demand pharmacy] can’t work.”
Launched in 2016, NowRx is a full-fledged on-demand pharmacy solution. Though, it’s technically added of an on-demand decree medication startup that functions application what it describes as a basic pharmacy. Since its launch, NowRx has delivered added than 50,000 prescriptions from 1,900 doctors. With 8,500 customers, NowRx does about $5 actor a year in anniversary revenue.
NowRx, which is accountant to ample prescriptions in California and certified via the SureScripts pharmacy administration software, enables doctors to electronically ample prescriptions for on-demand commitment in the San Francisco Bay Area (not, however, in the burghal of SF). Patients can again either appeal chargeless same-day or one-hour commitment for $5.
With the added funding, NowRx plans to aggrandize alfresco of California backward aing year or aboriginal 2020. In adjustment to do that, it will charge to accessible new warehouses and pharmacy facilities.
Breese said he went the crowdfunding avenue because the agreement are better, he didn’t accept to accord up a lath seat, and there were no arduous ambitious adverse terms.
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