Capsule Analysis: $200M Raised
What is Capsule?
Capsule is a New York-based pharmacy providing free same-day delivery of prescriptions via a mobile app, focusing on a smarter and kinder service approach.
Founded
2015
Revenue
$100-750M
Business Model
Revenue from prescription sales, insurance partnerships, and medication adherence programs.
Product Features & Capabilities
- free same-day prescription delivery, mobile app for managing medications, ability to chat or text with pharmacists, medication reminders, prescription transfer service, convenient online consultation with healthcare professionals
Pricing
- Capsule is free to use; you only pay your copay on your medication.
- Free same-day delivery of prescriptions.
- Capsule accepts all major insurance, and your copay will not change.
How much Capsule raised
1 - $200 million
September 2019Lead Investor: Not specified
Who are the founders of Capsule
EK
Eric Kinariwala
Founder & CEO
Competitors Overview
Capsule's main competitors in the prescription delivery market include:
- Surescripts: Primarily a health information network that facilitates electronic prescriptions and medication history. While not a direct pharmacy, it plays a crucial role in the prescription process by connecting pharmac
Investors
- Thrive Capital
- Glade Brook Capital
- Virgin Group
- TCV
- Durable Capital Partners
- Baillie Gifford
- T Rowe Price
- Whale Rock
- MicroVentures
- SeedFord Partners
- Socium Ventures
- 10x Value Partners
Market Focus
Capsule primarily focuses on the pharmacy and healthcare industry, offering prescription services with a focus on convenience and customer service through a mobile app and same-day delivery.
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