About Pillway
Pillway is a company based in Delta (Canada) founded in 2017.. Pillway has raised $10.83 million across 2 funding rounds from investors including Sun Life Financial and WELL Health Ventures. Pillway operates in a competitive market with competitors including Pocketpills, Familiprix, Merrion, Yurek Home Healthcare and Airix, among others.
- Headquarter Delta, Canada
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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
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Net Profit
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EBITDA
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Total Equity Funding
$10.83 M (USD)
in 2 rounds
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Latest Funding Round
$6.97 M (USD), Series A
Nov 28, 2023
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Investors
Sun Life Financial
& 1 more
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Employee Count
Employee Count
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Funding Insights of Pillway
Pillway has successfully raised a total of $10.83M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.97 million completed in November 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $7.0M
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First Round
First Round
(03 Dec 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series A - Pillway | Valuation | Sun Life Financial |
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| Dec, 2020 | Amount | Series A - Pillway | 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pillway
Pillway has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Sun Life Financial and WELL Health Ventures. 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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Insurance and asset management services are offered to diverse clients.
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Founded Year | Domain | Location | |
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Investments are focused on digital health modernization in Canada.
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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 Pillway
| 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.
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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 - Pillway
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pillway Comparisons
Competitors of Pillway
Pillway 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 Pocketpills, Familiprix, Merrion, Yurek Home Healthcare and Airix, 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 |
Telepharmacy solutions are offered for online medicine purchases and management.
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| domain | founded_year | HQ Location |
Provides pharmacy services, health products, and online retail for consumers.
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| domain | founded_year | HQ Location |
An online drug store with door delivery services is operated.
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| domain | founded_year | HQ Location |
Offers pharmacy products, home healthcare, and delivery in St. Thomas and London.
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| domain | founded_year | HQ Location |
Online health platform for consultations, medication delivery, and records access.
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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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Latest news on Pillway
Frequently Asked Questions about Pillway
When was Pillway founded?
Pillway was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Pillway located?
Pillway is headquartered in Delta, Canada. It is registered at Delta, British Columbia, Canada.
Who is the current CEO of Pillway?
Lak Gill is the current CEO of Pillway.
Is Pillway a funded company?
Pillway is a funded company, having raised a total of $10.83M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.87M, raised on Dec 03, 2020.
What does Pillway do?
Pillway was founded in 2017 in Delta, Canada, as an online platform in the healthcare sector. Medications are pre-sorted, packaged, and delivered directly to doors. Consultations with doctors are provided for dosage guidance, while refills and renewals are handled automatically. A dedicated interface is offered for healthcare providers and pharmacists to oversee prescriptions and patient records.
Who are the top competitors of Pillway?
Pillway's top competitors include Pocketpills, Merrion and Familiprix.
Who are Pillway's investors?
Pillway has 2 investors. Key investors include Sun Life Financial, and WELL Health Ventures.