About DawaSwift
DawaSwift is a Healthcare company based in Toronto (Canada) founded in 2019 by Odero Otieno, and was acquired by DawaSwift in July 2020. It operates as a provider of an online pharmacy for medications. DawaSwift has raised $120 thousand across 2 funding rounds from investors including McGill University and DawaSwift. Its chief executive is Odero Otieno. The company was acqui-hired. Its focus areas include HealthTech, Healthcare Booking Platforms, Pharmacies and Drugs. Its competitors include Well.ca, Felix, My Lil’ Healthbot, Sinclair Dental and MedsOnWheels and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
DawaSwift was established in 2019 in Toronto, Canada, as an online pharmacy in the healthcare sector. A digital platform is operated where medications for various health conditions can be browsed by category and purchased. Orders are processed for home delivery, enabling access to pharmaceutical products without physical store visits. The service focuses on user convenience in medication procurement.
- Headquarters Toronto, Canada
- Founders Odero Otieno
- SectorsHealthcare
- Website dawaswift.com
- Social LinkedIn X
- Acquired by DawaSwift (Jul 2020)
- Total Equity Funding$120K (USD)
in 2 rounds
- Latest Funding Round$120K (USD), Seed
Jun 2019
- InvestorsMcGill University
& 1 more
- Acquired byDawaSwift
(Jul 2020)
Funding Insights of DawaSwift
DawaSwift has successfully raised a total of $120K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $120 thousand completed in June 2019. 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 $120,000
- Total Rounds 2
- Last Round Seed — $120,000
- Investors Count 1
All 2 funding rounds of DawaSwift with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | – | Grant | – | – | |
| Jun 2019 | $120,000 | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in DawaSwift
DawaSwift has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include McGill University and DawaSwift.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified degrees and research programs are offered at the university. | 1821 | mcgill.ca | Montreal, Canada | |
- | – | healthbankcare.com | - |
Investor details for DawaSwift
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- Complete investor list
- Round participation
- Investor portfolios
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People of DawaSwift
1 people are tracked at DawaSwift (1 in leadership).
| Name | Role | Group |
|---|---|---|
Odero Otieno | Founder & CEO | Leadership |
Complete people profiles for DawaSwift
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- Full employee list
- Team structure
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Timeline of DawaSwift
3 dated milestones of DawaSwift across 1 years, from founding to its latest funding, stage changes and deals.
- Founded DawaSwift is founded.
- Funding First funding round.
- Exit Acquired by DawaSwift.
Competitors of DawaSwift
DawaSwift has 9 listed competitors in our database, 3 of them funded. They include Well.ca, Felix, My Lil’ Healthbot, Sinclair Dental and MedsOnWheels, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| well.ca | 2008 | Guelph, Canada | $8.33M | – | Health, beauty, and baby products are retailed online in Canada. | |
| felixforyou.ca | 2019 | Toronto, Canada | $77.3M | 50 | Medicines are ordered online and delivered to doorsteps through Felix. | |
| mylilhealthbot.com | 2014 | Toronto, Canada | $150,000 | – | Medicines and health products are ordered via digital health bots. | |
| sinclairdental.com | 1971 | North Vancouver, Canada | – | – | Online pharmacy for the purchase of drugs and medical equipment | |
| meds-on-wheels.com | 2019 | Oakville, Canada | – | – | Offers delivery solutions for pharmacy medications nationwide. | |
| medici.health | 2022 | Canada | – | – | DTC online pharmacy services are offered to Canadians. | |
| tcds.com | 2000 | Scarborough, Canada | – | – | Online pharmacy store | |
| healthwize.market | 2020 | Mississauga, Canada | – | – | Manages an e-commerce store specializing in medicines. | |
| canadapharmacy.com | 2001 | Surrey, Canada | – | – | Online platform for affordable prescription drugs, OTC items, and pet medications sales. |
Detailed competitors of DawaSwift
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Digital Health & Telemedicine
10 companies that operate in the same segment as DawaSwift (Digital Health & Telemedicine), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 230.8 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An application is provided for comparing prescription drug prices nationwide. | 2011 | Santa Monica, California, United States | USD 22.21 M | USD 796.85 M | 1,063 | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M | – | – | |
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | 802 | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – | |
Telehealth solutions are provided for doctors and patients' consultations. | 2006 | Boston, Massachusetts, United States | USD 887.35 M | USD 115.54 M | 742 | |
Digital health services for men's wellness are offered by Ro. | 2017 | New York, New York, United States | USD 1.03 B | – | 1,485 | |
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits | 2006 | Sunnyvale, California, United States | USD 943.53 M | USD 189.9 M | 562 |
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Frequently Asked Questions about DawaSwift
DawaSwift was founded in 2019.
DawaSwift is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Odero Otieno is the current CEO of DawaSwift. They have also founded this company.
DawaSwift is a funded company, having raised a total of $120K across 2 funding rounds to date.
DawaSwift was established in 2019 in Toronto, Canada, as an online pharmacy in the healthcare sector. A digital platform is operated where medications for various health conditions can be browsed by category and purchased. Orders are processed for home delivery, enabling access to pharmaceutical products without physical store visits. The service focuses on user convenience in medication procurement.
DawaSwift's top competitors include Well.ca, Felix and Sinclair Dental.
DawaSwift has 2 investors. Key investors include McGill University, and DawaSwift.
Yes. DawaSwift was acquired by DawaSwift in July 2020.