PillPack

RetailSeries CManchester, USpillpack.com

Latest round

Series C

Last raised

Aug 2016

Total raised

$94M

Investors

18

About PillPack

PillPack LLC is a pharmacy service that organizes and delivers medications directly to consumers.com, Inc. in June 2018 for USD 753 mn, enhancing Amazon's healthcare offerings. The company was co-founded by Elliot Cohen, who has a background in pharmacy and healthcare services.PillPack, operated by Amazon Pharmacy, offers a comprehensive pharmacy service aimed at simplifying medication management for its customers. The core service revolves around organizing and delivering medications in pre-sorted packets, tailored to the user's specific scheduling needs. This service is designed to alleviate the complexities associated with managing multiple prescriptions, ensuring that users receive their medications on time, every month. PillPack’s customer base primarily includes individuals who require regular medication, particularly the elderly and those with chronic conditions, who benefit from streamlined access to their pharmaceuticals without the need for frequent pharmacy visits.PillPack operates under a revenue model primarily based on the sale of medications, as users pay for their prescriptions while receiving expert pharmacy services at no additional charge. The company facilitates transactions through direct-to-consumer sales, allowing customers to order their medications via online platforms or through consultations with pharmacy advisors. This streamlined approach includes automatic refill management, where PillPack monitors prescriptions in collaboration with healthcare providers to ensure continuous medication supply.com, Inc. in June 2018, PillPack plans to leverage its resources to further integrate into Amazon's broader healthcare strategy, enhancing medication delivery systems. Specific plans include developing new services aimed at improving patient adherence and exploring expansion into additional geographic markets, although such markets have not yet been detailed.

Who invested in PillPack

18 investors across 4 rounds

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Funding rounds

  1. Series C

    Aug 22, 2016

    Amount

    $31M

    Investors

    Locked

  2. Series C

    May 22, 2015

    Amount

    $50M

    Investors

    Locked

  3. Series B

    Oct 9, 2014

    Amount

    $8.8M

    Investors

    Locked

  4. Series A

    Feb 4, 2014

    Amount

    $4M

    Investors

    Locked

Questions about PillPack

Who invested in PillPack?

PillPack has 18 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has PillPack raised?

PillPack has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did PillPack last raise money?

PillPack's most recent round on record is a Series C, in Aug 2016.

What does PillPack do?

PillPack LLC is a pharmacy service that organizes and delivers medications directly to consumers.

Where is PillPack headquartered?

PillPack is headquartered in Manchester, US.

Which VCs invest in companies like PillPack?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back retail companies at PillPack's stage. Their profiles are linked below.

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