About Pocketpills
Pocketpills is a company based in Surrey (Canada) founded in 2018 by Harj Samra and Raj Gulia.. Pocketpills has raised $30.75 million across 3 funding rounds from investors including TELUS Ventures and WaterBridge Ventures. Pocketpills offers products and services including Prescription Delivery Service and Medication Management App. Pocketpills operates in a competitive market with competitors including Familiprix, Pillway, Medly Pharmacy, Merrion and My Health Chart, among others.
- Headquarter Surrey, Canada
- Founders Harj Samra, Raj Gulia
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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 Casahealth Tech 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
$30.75 M (USD)
in 3 rounds
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Latest Funding Round
$23.71 M (USD), Series B
Mar 03, 2021
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Investors
TELUS Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of Pocketpills
Pocketpills offers a comprehensive portfolio of products and services, including Prescription Delivery Service and Medication Management App. 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 delivery of prescriptions to customers across Canada
App for tracking medications, refills, and pharmacist consultations
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Funding Insights of Pocketpills
Pocketpills has successfully raised a total of $30.75M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $23.71 million completed in March 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 3
- Last Round Series B — $23.7M
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First Round
First Round
(17 May 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series B - Pocketpills | Valuation | TELUS Ventures | |
| Feb, 2020 | Amount | Series A - Pocketpills | Valuation | WaterBridge |
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| May, 2019 | Amount | Seed - Pocketpills | Valuation | WaterBridge |
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| 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 Pocketpills
Pocketpills has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TELUS Ventures and WaterBridge 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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Investments in multiple sectors are directed by TELUS Ventures.
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Founded Year | Domain | Location | |
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Early-stage tech investments are focused on by WaterBridge in India.
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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 Pocketpills
| 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 - Pocketpills
| 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 |
Pocketpills Comparisons
Competitors of Pocketpills
Pocketpills 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 Familiprix, Pillway, Medly Pharmacy, Merrion and My Health Chart, 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 |
Provides pharmacy services, health products, and online retail for consumers.
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| domain | founded_year | HQ Location |
Prescription medications are delivered online with consultations and refills managed.
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| domain | founded_year | HQ Location |
Functions as an online pharmacy specializing in prescribed medicines.
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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 |
A digital hub for purchasing medicines conveniently and securely.
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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 Pocketpills
Frequently Asked Questions about Pocketpills
When was Pocketpills founded?
Pocketpills was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Pocketpills located?
Pocketpills is headquartered in Surrey, Canada. It is registered at Surrey, British Columbia, Canada.
Is Pocketpills a funded company?
Pocketpills is a funded company, having raised a total of $30.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.49M, raised on May 17, 2019.
What does Pocketpills do?
Founded in 2018 in Surrey, Canada, Pocketpills operates within the health technology sector. An app-based platform is utilized to enable patients to order medications from pharmacies, fill prescriptions digitally, compare pill prices, and consult with pharmacists. Medicines are delivered in smart packs known as pocketpacks for improved medication adherence. Operations focus on streamlining telepharmacy services across Canada.
Who are the top competitors of Pocketpills?
Pocketpills's top competitors include Pillway, Merrion and My Health Chart.
What products or services does Pocketpills offer?
Pocketpills offers Prescription Delivery Service and Medication Management App.
Who are Pocketpills's investors?
Pocketpills has 2 investors. Key investors include TELUS Ventures, and WaterBridge Ventures.