When was Capsule founded?

Capsule was founded in 2015 and became a unicorn in 2021, reaching the milestone in 6 years. It raised its 1st funding round 2 years after its incorporation.

Where is Capsule located?

Capsule is headquartered in New York City, United States. It is registered at 255 Greenwich Street, 4th Floor, New York, NY 10007.

Who is the current CEO of Capsule?

Eric Kinariwala of Capsule. They have also founded 1 company and are angel investors in 2 startups.

How many employees does Capsule have?

As of Apr 30, 2026, the latest employee count at Capsule is 851.

Is Capsule a funded company?

Capsule is a funded company, having raised a total of $570M across 4 funding rounds to date. The company's 1st funding round was a $20M Series A round, raised on May 17, 2017.

How much is Capsule worth?

The latest valuation of Capsule is $1B as of Apr 29, 2021.

When was the latest funding round of Capsule?

Capsule's latest funding was a $300M Series D round on Apr 28, 2021, with participation from 4 investors. Its primary sector is Healthcare Booking Platforms. In United States, the Healthcare Booking Platforms sector has seen $931M in funding in 2026 to date.

Is Capsule a Healthcare Booking Platforms company?

The primary sector of Capsule is Healthcare Booking Platforms.

Where does Capsule rank among its competitors?

Capsule ranks 3rd amongst 575 active competitors, of which 26 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Phil, which secured $60M in Jul, 2025.

Who are the top competitors of Capsule?

Capsule's top competitors include PillPack, Alto and Icebreaker Health. Among them, Phil secured the most recent funding round in July, 2025.

Capsule - 2026 Company Profile, Team, Funding & Competitors

Capsule is a series D company based in New York City (United States), founded in 2015 by Eric Kinariwala. It operates as a Provider of an online pharmacy for delivering medicines. Capsule has raised $570M in funding from investors like Thrive Capital, TCV and Glade Brook Capital, with a current valuation of $1B. The company has 575 active competitors, including 26 funded and 33 that have exited. Its top competitors include companies like PillPack, Alto and Icebreaker Health.

Sectors and market segments that Capsule operate in

Capsule serves in the HealthTech market segments.The primary business model of Capsule is:

HealthTech > Healthcare Booking Platforms > ***** **** > ***** ******

Company Details

Provider of an online pharmacy for delivering medicines. The platform coordinate customers with old pharmacy or doctor to get prescriptions and offers hand-delivered same-day medications. The medication will be delivered to your home, office, or anywhere.

Website: www.capsule.com/
Social
Email ID: *****@capsule.com
Phone Number: +1 **********
Registered Address: 255 Greenwich Street, 4th Floor, New York, NY 10007

Key Metrics

Founded Year

2015

Location

New York City, United States

Stage

Series D

Total Funding

$570M in 4 rounds

Latest Funding Round

Series D, Apr 28, 2021, $300M

Post Money Valuation

$1B as on Apr 29, 2021

Investors

Thrive Capital & 36 more

Ranked

3^rd among 575 active competitors

Employee Count

851 as on Apr 30, 2026

Similar Companies

SastaSundar & 4462 more

View Capsule's full profile

Capsule is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CAPSULE CORPORATION CIN: 47-3047195 , United States, Active	Jan 25, 2015	-	1471 (As on Dec 31, 2024)	-

Capsule has raised a total funding of $570M over 4 rounds. Its first funding round was on May 17, 2017. Its latest funding round was a Series D round on Apr 28, 2021 for $300M. 4 investors participated in its latest round. Capsule has 36 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Capsule:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 28, 2021	$300M	Series D	$1B	-	Durable Capital Partners	Baillie Gifford, T. Rowe Price, Whale Rock Capital Management
Sep 16, 2019	$200M	Series C	-	-	TCV	Thrive Capital, Glade Brook Capital
Aug 08, 2018	$50M	Series B	-	-	7GC, Thrive Capital, Glade Brook Capital	-

Access funding benchmarks and valuations. Sign up today!

View details of Capsule's funding rounds and investors

The founders of Capsule is Eric Kinariwala. Eric Kinariwala is the CEO of Capsule.

Here are the details of Capsule's key team members:

Eric Kinariwala: Founder & CEO of Capsule and founder of 1 other company. They are also an angel investor in 2 startups.
Contact Info: 1 email address

View details of Capsule's Founder profiles and Board Members

Capsule's employee count trend

Capsule has 851 employees as of Apr 26. Here is Capsule's employee count trend over the years:

Uncover Capsule's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Capsule include PillPack, Alto and Icebreaker Health. Here is the list of Top 10 competitors of Capsule, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PillPack 2013, Boston (United States), Acquired	Subscription based medicine ordering platform	$93.9M	CRV, Astral Capital & 31 others	75/100
2nd	Alto 2015, San Francisco (United States), Acquired	Online pharmacy offering prescription delivery services	$592M	SoftBank Vision Fund, Greenoaks & 35 others	75/100
3rd	Capsule 2015, New York City (United States), Series D	Provider of an online pharmacy for delivering medicines	$570M	TriplePoint Capital, TCV & 35 others	62/100
4th	Icebreaker Health 2014, San Francisco (United States), Acquired	Provider of remote patient consultation services and online delivery of medical care products	$64.7M	Hikma Ventures, OTV & 14 others	67/100
5th	Thirty Madison 2017, New York City (United States), Acquired	Healthcare platform offers various brands and personalized treatments	$210M	Maveron, Northzone & 24 others	66/100
6th	Blink Health 2015, New York City (United States), Series B	Online pharmacy offering discounted prescription drugs	$165M	BoxGroup, Scott Belsky & 10 others	66/100
7th	Phil 2015, San Francisco (United States), Series D	Technology-driven hub simplifying medication access and improving patient outcomes	$100M	Crosslink Capital, GreatPoint Ventures & 15 others	64/100
8th	NimbleRx 2015, Palo Alto (United States), Series D	Provider of digital pharmacy management software and prescription delivery services	$74.7M	Sequoia Capital, Four Rivers Group & 9 others	64/100
9th	NowRx 2015, Mountain View (United States), Deadpooled	Online pharmacy for the delivery of medicines	$131M	Decathlon Capital Partners, Seedinvest & 15 others	60/100
10th	Nurx 2015, San Francisco (United States), Series C	Online medication delivery company	$95.9M	Kleiner Perkins, Union Square Ventures & 23 others	59/100