Andel
Latest round
- Seed
Last raised
- Oct 2025
Total raised
- $4.5M
Investors
- 7
About Andel
Founded in 2025, Andel is dedicated to improving healthcare access through its cooperative model. The company has not undergone notable pivots in its strategy since its inception. It is headquartered in New York, US. The founder's background is not specified, and there are no references to previous companies founded by the individual.Andel offers a cooperative employee platform that enhances drug affordability through access to GLP-1 medications and other pharmaceuticals. Their intuitive application simplifies the prescription verification and delivery process, allowing employees to obtain medications prescribed by healthcare providers efficiently. This service alleviates the financial burden of high medication costs, supporting employee health.S.Andel's revenue model is centered on providing pharmacy benefit solutions, particularly covering GLP-1 medications. Revenue is generated through partnerships with employers and health plans, integrating their platform into existing pharmacy benefits systems. The business operates on a subscription basis, where clients pay for access to the service while employees benefit from reduced costs on essential medications. The company is focused on launching new products aimed at further improving medication accessibility and affordability. Plans for geographic expansion are on the horizon, targeting specific new markets to be detailed in the near future.
Who invested in Andel
7 investors across 1 round
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Funding rounds
Seed
Oct 20, 2025
Amount
$4.5M
Investors
Questions about Andel
Who invested in Andel?
Andel has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Andel raised?
Andel has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Andel last raise money?
Andel's most recent round on record is a Seed, in Oct 2025.
What does Andel do?
Founded in 2025, Andel is dedicated to improving healthcare access through its cooperative model.
Where is Andel headquartered?
Andel is headquartered in New York, US.
Which VCs invest in companies like Andel?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Andel's stage. Their profiles are linked below.
VCs backing healthcare it startups at Seed
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