About Mednow
Mednow is a company based in Vaughan (Canada) founded in 2018 by Ali Reyhany. Mednow has raised $4.77 million across 3 funding rounds from investors including Gravitas Securities. Mednow offers products and services including Prescription Delivery, Over-the-counter Products, Vitamin Packs, Clinical Support, and PillSmart. Mednow operates in a competitive market with competitors including Medzy, Lumeca, Outpost Health, Tyze and Virtual Hallway, among others.
- Headquarter Vaughan, Canada
- Founders Ali Reyhany
- Stage Public
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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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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$4.77 M (USD)
in 3 rounds
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Latest Funding Round
$619.68 K (USD), Post-IPO
Oct 23, 2023
- Investors
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Employee Count
Not available
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Products & Services of Mednow
Mednow offers a comprehensive portfolio of products and services, including Prescription Delivery, Over-the-counter Products, Vitamin Packs, Clinical Support, and PillSmart.
Free service for delivering prescription medications to users' homes.
Platform for ordering non-prescription medications and health items online.
Custom packs supporting needs like energy and pregnancy through online ordering.
Remote pharmacist assessments for minor ailments and prescriptions.
Daily dose packaging system for organizing multiple medications easily.
People of Mednow
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Funding Insights of Mednow
Mednow has successfully raised a total of $4.77M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $619.68 thousand completed in October 2023. 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 Mednow
Mednow has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gravitas Securities.
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Investor details for Mednow
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Investments & Acquisitions by Mednow
Investment portfolio details for Mednow
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Financial Statements - Mednow
Detailed financials for Mednow
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Mednow Comparisons
Peer comparison for Mednow
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Competitors of Mednow
Mednow 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 Medzy, Lumeca, Outpost Health, Tyze and Virtual Hallway, among others.
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Prescribed medicines are delivered home via app-based subscription after upload.
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Offers secure virtual care software for healthcare delivery, emergencies, and patient engagement in Canada.
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Online doctor consultations are enabled via a digital platform.
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Provider of mobile app for online doctor consultation & appointment booking
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Cloud-based teleconsultation software is provided for healthcare providers.
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Detailed competitors of Mednow
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Latest news on Mednow
Complete news archive for Mednow
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Frequently Asked Questions about Mednow
Mednow was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Mednow is headquartered in Vaughan, Canada. It is registered at Vaughan, Ontario, Canada.
Mednow is a funded company, having raised a total of $4.77M across 3 funding rounds to date.
Mednow was established in 2018 in Vaughan, Canada, within the healthcare sector. An online platform is operated to facilitate teleconsultations, where users can search for doctors and discuss health concerns. Medications are ordered directly via the platform, with pill-smart options for vitamins and drugs packaged in user-friendly pouches. Deliveries are made to doorsteps, supporting remote access to medical services across Canada.
Mednow's top competitors include TeleSense, Medzy and Virtual Hallway.
Mednow offers Prescription Delivery, Over-the-counter Products, Vitamin Packs, Clinical Support, and PillSmart.
Mednow has 1 investor. Key investors include Gravitas Securities.