Medly

Medly

Closed: Aug. 2021

About this raise

Medly, with a valuation of $700 million, is raising funds on OurCrowd through Reg D 506(c) raise. The company has developed a platform that functions as a digital pharmacy. The platform provides patient-first services and solutions that are personalized, convenient, and affordable. The pharmacy services of Medly include free and same-day delivery, co-pay management, refill management, pharmacy support, and financial support. Marg Patel, Sahaj Patel, and Chirag Kulkarni founded Medly in 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,400,000. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
OurCrowd
Start Date
08/04/2021
Close Date
08/13/2021
Min. Goal
$10,000
Max Goal
$1,400,000
Min. Investment

$10,000

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegD 506(c)

Pre-Money Valuation

$700,000,000

Company & Team

Company

Year Founded
2017
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Location
Brooklyn, New York
Company Website
Visit Website

Team

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/13/2021 OurCrowd $700,000,000 - Equity - Common Funded RegD 506(c)
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Medly on OurCrowd 2021
Platform: OurCrowd
Security Type: Equity - Common
Valuation: $700,000,000

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Warning: according to the close date for this deal, Medly may no longer be accepting investments.

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