About MAYD
MAYD is a company based in Berlin (Germany) founded in 2018 by Lukas Mushroom and Hanno Heintzenberg. MAYD has raised $48.88 million across 2 funding rounds from investors including Lightspeed Venture Partners, Target Global and 468 Capital. MAYD offers products and services including MAYD App. MAYD operates in a competitive market with competitors including medpex, Axiogenesis, Medizinfuchs, FIRST A and eurapon, among others.
- Headquarter Berlin, Germany
- Founders Lukas Mushroom, Hanno Heintzenberg
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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 Mayd Group Gmbh
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$48.88 M (USD)
in 2 rounds
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Latest Funding Round
$33.85 M (USD), Series A
Jan 27, 2022
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Investors
Lightspeed Venture Partners
& 5 more
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Employee Count
Not available
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Products & Services of MAYD
MAYD offers a comprehensive portfolio of products and services, including MAYD App.
App for on-demand medication delivery in 30 minutes
Funding Insights of MAYD
MAYD has successfully raised a total of $48.88M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $33.85 million completed in January 2022. 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.
Investors in MAYD
MAYD has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Lightspeed Venture Partners, Target Global and 468 Capital.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Venture capital firm
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Venture capital funding is provided to early-stage startups from Berlin.
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Investor details for MAYD
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Investments & Acquisitions by MAYD
Investment portfolio details for MAYD
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Financial Statements - MAYD
Detailed financials for MAYD
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Mayd Comparisons
Peer comparison for MAYD
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Competitors of MAYD
MAYD 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 medpex, Axiogenesis, Medizinfuchs, FIRST A and eurapon, among others.
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Medicines for health conditions are sold online by medpex.
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Generic medicines are sold via an online pharmacy platform.
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Operates a marketplace for pharmacy products to facilitate online purchasing.
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A mobile app for online medicine ordering is provided.
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Medicines for multiple diseases are supplied via an online pharmacy.
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Detailed competitors of MAYD
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Latest news on Mayd
Complete news archive for MAYD
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Frequently Asked Questions about MAYD
MAYD was founded in 2018 and raised its 1st funding round 3 years after it was founded.
MAYD is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
MAYD is a funded company, having raised a total of $48.88M across 2 funding rounds to date.
MAYD was established in 2018 in Berlin, Germany, within the health technology sector. An online platform is provided for users to select and order non-prescription pharmacy products, with delivery services arranged accordingly. Medicine-related queries are addressed, and consultations with pharmacists are facilitated through the platform. Operations center on streamlining access to essential pharmaceutical items for consumers in the region.
MAYD's top competitors include medpex, FIRST A and Axiogenesis.
MAYD offers MAYD App.
MAYD has 6 investors. Key investors include Lightspeed Venture Partners, Target Global, 468 Capital, Earlybird, and Jochen Engert.