About Medzy
Medzy is a company based in Montreal (Canada) founded in 2019 by Francis V.. Medzy has raised $3.86 million across 2 funding rounds from investors including Invest Quebec. Medzy offers products and services including Medication Delivery, Prescription Renewals, and 24/7 Emergency Support.
- Headquarter Montreal, Canada
- Founders Francis V
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Pharmacie Sonia Boutin 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
$3.86 M (USD)
in 2 rounds
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Latest Funding Round
$1.86 M (USD), Seed
Oct 27, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Medzy
Medzy offers a comprehensive portfolio of products and services, including Medication Delivery, Prescription Renewals, and 24/7 Emergency Support. 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.
Free doorstep delivery of prescriptions and health products.
Automatic processing and renewal of medication orders online.
Phone-based urgent consultations for health and pet issues.
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Co Team
1 people
Sales and Marketing
1 people
Software Development Team
1 people
Lead Team
1 people
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Funding Insights of Medzy
Medzy has successfully raised a total of $3.86M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.86 million completed in October 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 2
- Last Round Seed — $1.9M
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First Round
First Round
(29 Jul 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Seed - Medzy | Valuation | Invest Quebec |
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| Jul, 2020 | Amount | Seed - Medzy | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Medzy
Medzy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Invest Quebec. 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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Business guidance for corporate companies and startups
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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 Medzy
| 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 - Medzy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Medzy Comparisons
Competitors of Medzy
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Medzy
Frequently Asked Questions about Medzy
When was Medzy founded?
Medzy was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Medzy located?
Medzy is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is Medzy a funded company?
Medzy is a funded company, having raised a total of $3.86M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jul 29, 2020.
What does Medzy do?
Medzy was founded in 2019 in Montreal, Canada, and operates as an online pharmacy within the healthcare sector. Prescriptions are uploaded by users through a mobile app, after which prescribed medicines are delivered to homes on a subscription model. Drug insurance coverage is provided to customers as an additional service, facilitating access to essential medications across the region.
What products or services does Medzy offer?
Medzy offers Medication Delivery, Prescription Renewals, and 24/7 Emergency Support.
Who are Medzy's investors?
Medzy has 1 investor. Key investors include Invest Quebec.
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