About Drugstore.com
Drugstore.com is a company based in Bellevue (United States) founded in 1998 by Dave Whorton was acquired by Walgreens in March 2011.. Drugstore.com has raised $63 million across 1 funding round from investors including Walgreens, Hearst and Integral Capital Partners. Drugstore.com has completed 4 acquisitions, including Beauty.com, Salu and THG. Drugstore.com offers products and services including Prescription Services, Photo Printing, Vaccination Services, Beauty Products, and Grocery Delivery. Drugstore.com operates in a competitive market with competitors including Capsule, Blink Health, NimbleRx, Phil and Scriptdrop, among others.
- Headquarter Bellevue, United States
- Founders Dave Whorton
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Drugstore.Com, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$63 M (USD)
in 1 rounds
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Latest Funding Round
$63 M (USD), Private Equity Round
Apr 01, 2001
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Investors
Walgreens
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Beauty.com
& 3 more
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Acquired by
Walgreens
(Mar 24, 2011)
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Products & Services of Drugstore.com
Drugstore.com offers a comprehensive portfolio of products and services, including Prescription Services, Photo Printing, Vaccination Services, Beauty Products, and Grocery 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.
Manages refills and drug information for health needs.
Allows uploading and printing of personal photos online.
Provides flu and COVID-19 testing and vaccinations.
Offers skincare and makeup items for daily wellness.
Enables online ordering and delivery of household essentials.
Funding Insights of Drugstore.com
Drugstore.com has successfully raised a total of $63M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $63 million completed in April 2001. 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 1
- Last Round Private Equity Round — $63.0M
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First Round
First Round
(01 Apr 2001)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2001 | Amount | Private Equity Round - Drugstore.com | Valuation |
investors |
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Drugstore.com
Drugstore.com has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Walgreens, Hearst and Integral Capital Partners. 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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Growth stage tech & life sciences focused VC firm funding companies in the US
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Founded Year | Domain | Location | |
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Venture capital investments in consumer businesses, emphasizing technology and human behavior.
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Founded Year | Domain | Location | |
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Media conglomerate
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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.
|
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 Drugstore.com
Drugstore.com has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Beauty.com, Salu and THG. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Contact lenses and eye care accessories are retailed online.
|
2000 | ||||
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Beauty products from over 200 brands are retailed online.
|
1999 | ||||
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Beauty products and services are provided globally by Salu Beauty.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Drugstore.com
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Drugstore.Com Comparisons
Competitors of Drugstore.com
Drugstore.com 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 Capsule, Blink Health, NimbleRx, Phil and Scriptdrop, 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 |
An online pharmacy platform is operated for medicine delivery services.
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| 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 |
On-demand prescription delivery is facilitated for patients through pharmacists' workflows.
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| domain | founded_year | HQ Location |
Software is offered for executive assistants' task tracking and scheduling.
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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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Frequently Asked Questions about Drugstore.com
When was Drugstore.com founded?
Drugstore.com was founded in 1998 and raised its 1st funding round 3 years after it was founded.
Where is Drugstore.com located?
Drugstore.com is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Is Drugstore.com a funded company?
Drugstore.com is a funded company, having raised a total of $63M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $63M, raised on Apr 01, 2001.
What does Drugstore.com do?
Drugstore.com was founded in 1998 in Bellevue, United States, as an e-commerce platform focused on the health and wellness sector. Prescribed medicines, along with items in categories such as diet and wellness, vitamins, sexual well-being, and baby care, are offered through the site. Certification as a Verified Internet Pharmacy Practice Site has been granted by the NABP. Products from beauty.com are also featured. Acquisition by Walgreens occurred in March 2011.
Who are the top competitors of Drugstore.com?
Drugstore.com's top competitors include Capsule, Blink Health and Phil.
What products or services does Drugstore.com offer?
Drugstore.com offers Prescription Services, Photo Printing, Vaccination Services, Beauty Products, and Grocery Delivery.
How many acquisitions has Drugstore.com made?
Drugstore.com has made 4 acquisitions, including Beauty.com, Salu, and THG.
Who are Drugstore.com's investors?
Drugstore.com has 4 investors. Key investors include Walgreens, Hearst, Integral Capital Partners, and Maveron.
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