MAYD Group
Latest round
- Series A
Last raised
- Feb 2022
Total raised
- $49M
Investors
- 4
About MAYD Group
MAYD Group GmbH operates in the healthcare sector, focusing on the expedited delivery of pharmaceuticals. Founded in 2021 in Berlin, Germany, by Hanno Heintzenberg and Lukas Pieczonka, the company has completed a total of 3 deals.MAYD specializes in the rapid delivery of medications, aiming to address increasing consumer demand for efficiency in healthcare solutions. The company guarantees medication delivery within 30 minutes, catering to individuals with urgent medical needs and those who prefer the convenience of receiving medications directly at their location. This service alleviates the waiting times typically associated with traditional pharmacy visits, enhancing the overall customer experience.MAYD generates revenue through a direct-to-consumer model, where customers place orders for medications via the company’s online platform or mobile application. Customers pay for medications at the time of order, with pricing plans reflecting the urgency and convenience of the service, including potential delivery fees. In addition, MAYD may establish partnerships with healthcare providers and insurance companies to facilitate seamless medication access for patients, enhancing both reach and customer satisfaction.As of June 19, 2024, MAYD Group GmbH filed for bankruptcy protection, which significantly impacts its future growth strategy. While previous plans included expanding into new markets and launching additional products, the current financial situation may hinder these initiatives.
Who invested in MAYD Group
4 investors across 2 rounds
See all investors in MAYD Group
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about MAYD Group
Who invested in MAYD Group?
MAYD Group has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MAYD Group raised?
MAYD Group has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did MAYD Group last raise money?
MAYD Group's most recent round on record is a Series A, in Feb 2022.
What does MAYD Group do?
MAYD Group GmbH operates in the healthcare sector, focusing on the expedited delivery of pharmaceuticals.
Where is MAYD Group headquartered?
MAYD Group is headquartered in Berlin, Germany.
Which VCs invest in companies like MAYD Group?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back consumer services companies at MAYD Group's stage. Their profiles are linked below.
VCs backing consumer services startups at Series A
Raising like MAYD Group? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.