About Capsule
Capsule is a company based in New York (United States) founded in 2015 by Eric Kinariwala. It operates as a On-Demand Services. Capsule has raised $570 million across 4 funding rounds from investors including Virgin, T. Rowe Price and Baillie Gifford. Capsule offers products and services including Prescription Delivery. Capsule operates in a competitive market with competitors including Blink Health, NimbleRx, Phil, Drugstore.com and Pharmapacks, among others.
- Headquarter New York, United States
- Founders Eric Kinariwala
- Stage Unicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Capsule Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$570 M (USD)
in 4 rounds
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Latest Funding Round
$300 M (USD), Series D
Apr 28, 2021
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Investors
Virgin
& 9 more
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Employee Count
Employee Count
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Products & Services of Capsule
Capsule offers a comprehensive portfolio of products and services, including Prescription Delivery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Prescriptions are delivered free on the same day.
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Software Development Team
14 people
Leadership Team
10 people
Product Management Team
7 people
Operations Team
6 people
Head Team
5 people
Human Resources and Administration
5 people
Senior Team
3 people
Finance and Accounting
2 people
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Funding Insights of Capsule
Capsule has successfully raised a total of $570M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $300 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series D — $300.0M
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First Round
First Round
(17 May 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series D - Capsule | Valuation | Durable Capital Partners | |
| Sep, 2019 | Amount | Series C - Capsule | Valuation | TCV | |
| Aug, 2018 | Amount | Series B - Capsule | Valuation | 7GC , Thrive Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Capsule
Capsule has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Virgin, T. Rowe Price and Baillie Gifford. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment management services are offered by Durable Capital Partners.
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Founded Year | Domain | Location | |
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Venture capital is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Early-stage technology startups are invested in by Thrive Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Capsule
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Capsule
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Capsule Comparisons
Competitors of Capsule
Capsule operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blink Health, NimbleRx, Phil, Drugstore.com and Pharmapacks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Discounted prescription drugs are provided via an online pharmacy platform.
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| domain | founded_year | HQ Location |
Prescriptions are delivered same-day through an online platform.
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| domain | founded_year | HQ Location |
Prescription drugs refill management solutions
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| domain | founded_year | HQ Location |
Medical products and prescriptions are sold online by Drugstore.com.
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| domain | founded_year | HQ Location |
Pharmaceutical, nutritional, and daily use products are offered via e-commerce.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Capsule
Frequently Asked Questions about Capsule
When was Capsule founded?
Capsule was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Capsule located?
Capsule is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Capsule?
Eric Kinariwala is the current CEO of Capsule. They have also founded this company.
Is Capsule a funded company?
Capsule is a funded company, having raised a total of $570M across 4 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on May 17, 2017.
What does Capsule do?
Capsule is managed as a modern pharmacy service providing free, same-day prescription delivery directly to customers. Prescriptions are coordinated with doctors and insurance providers. Communication with pharmacists is facilitated through text or chat. The service is designed to simplify medication management for users in supported locations.
Who are the top competitors of Capsule?
Capsule's top competitors include Blink Health, Phil and NimbleRx.
What products or services does Capsule offer?
Capsule offers Prescription Delivery.
Who are Capsule's investors?
Capsule has 10 investors. Key investors include Virgin, T. Rowe Price, Baillie Gifford, Durable Capital Partners, and Whale Rock Capital Management.
What is Capsule's valuation?
The valuation of Capsule is $1B as of Apr 2021.
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