When was Medly Pharmacy founded?

Medly Pharmacy was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Medly Pharmacy located?

Medly Pharmacy is headquartered in Brooklyn, United States.

How many employees does Medly Pharmacy have?

As of Apr 30, 2026, the latest employee count at Medly Pharmacy is 247.

Is Medly Pharmacy a funded company?

Medly Pharmacy is a funded company, having raised a total of $100M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2019.

When was the latest funding round of Medly Pharmacy?

Medly Pharmacy's latest funding was a $***** Series B round on Jul 14, 2020, with participation from 4 investors. Its primary sector is Healthcare Booking Platforms. In United States, the Healthcare Booking Platforms sector has seen $1.34B in funding in 2026 to date.

Where does Medly Pharmacy rank among its competitors?

Medly Pharmacy ranks 8th amongst 91 active competitors, of which 7 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was JRNYS, which secured $7.15M in Apr, 2026.

Who are the top competitors of Medly Pharmacy?

Medly Pharmacy's top competitors include Alto, Thirty Madison and Icebreaker Health. Among them, JRNYS secured the most recent funding round in April, 2026.

Medly Pharmacy - 2026 Company Profile, Team, Funding & Competitors

Medly Pharmacy is a deadpooled company based in Brooklyn (United States), founded in 2017 by Chirag Kulkarni, Sahaj Patel and Marg Patel. It operates as an Online pharmacy for selling prescribed medicines. Medly Pharmacy has raised $100M in funding from Greycroft and Volition Capital. The company has 91 active competitors, including 7 funded and 10 that have exited. Its top competitors include companies like Alto, Thirty Madison and Icebreaker Health.

Company Details

Medly Pharmacy is an online pharmacy for selling prescribed drugs. The users can search for drugs they require and then they can schedule the delivery time and location. The app also has a tracking option where users can track the delivery person.

Website: medly.com
Social
Email ID: *****@medlypharmacy.com
Phone Number: +1 **********

Key Metrics

Founded Year

2017

Location

Brooklyn, United States

Stage

Deadpooled

Total Funding

$100M in 3 rounds

Latest Funding Round

Series B, Jul 14, 2020, $*****

Investors

Greycroft & 8 more

Ranked

8^th among 91 active competitors

Employee Count

247 as on Apr 30, 2026

Investment & Acquisitions

Pharmaca

Similar Companies

Alto & 610 more

View Medly Pharmacy's full profile

Medly Pharmacy has raised a total funding of $100M over 3 rounds. Its first funding round was on 2019. Its latest funding round was a Series B round on Jul 14, 2020 for $*****. 4 investors participated in its latest round. Medly Pharmacy has 9 institutional investors.

Here is the list of recent funding rounds of Medly Pharmacy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 14, 2020	8179423	Series B	1519163	5385317	1921485	7673057
Jun 04, 2019	4764517	Series A	5242782	7923925	9886625	Greycroft
2019	5664	Series A	3189	6670	Greycroft	6731

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View details of Medly Pharmacy's funding rounds and investors

The founders of Medly Pharmacy are Chirag Kulkarni, Sahaj Patel and Marg Patel.

Here are the details of Medly Pharmacy's key team members:

Chirag Kulkarni: Co-Founder & CMO of Medly Pharmacy and founder of 2 other companies, Snip and CM Global GROUP.
Sahaj Patel: Co-Founder & Chairman of Medly Pharmacy and founder of 1 other company.
Marg Patel: Co-Founder & CEO of Medly Pharmacy and founder of 1 other company.

View details of Medly Pharmacy's Founder profiles and Board Members

Medly Pharmacy's employee count trend

Medly Pharmacy has 247 employees as of Apr 26. Here is Medly Pharmacy's employee count trend over the years:

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Top competitors of Medly Pharmacy include Alto, Thirty Madison and Icebreaker Health. Here is the list of Top 10 competitors of Medly Pharmacy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Alto 2015, San Francisco (United States), Acquired	Online pharmacy offering prescription delivery services	$592M	Greenoaks, SoftBank Vision Fund & 37 others	75/100
2nd	Thirty Madison 2017, New York City (United States), Acquired	Healthcare platform offers various brands and personalized treatments	$210M	Northzone, Maveron & 25 others	66/100
3rd	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	66/100
4th	Nurx 2015, San Francisco (United States), Series C	Online medication delivery company	$95.9M	Kleiner Perkins, Comcast Ventures & 25 others	59/100
5th	PipelineRx 2009, San Francisco (United States), Acquired	Clinical telepharmacy services and software solutions for optimized medication management	$27.3M	Mitsui, California Health Care Foundation ... & 4 others	46/100
6th	JRNYS 2022, Austin (United States), Series A	Health and wellness platform that focuses on individualized treatment plans	$15.8M	-	41/100
7th	ZappRx 2012, Cambridge (United States), Acquired	Specialty pharmacy care coordination platform	$32.6M	Atlas Venture, Qiming & 11 others	41/100
8th	Medly Pharmacy 2017, Brooklyn (United States), Deadpooled	Online pharmacy for selling prescribed medicines	$100M	Greycroft, Nelstone Ventures & 7 others	37/100
9th	Apostrophe 2012, Oakland (United States), Acquired	Provide of an online platform for dermatology diagnosis and treatment	-	500 Global, FJ Labs & 2 others	37/100
10th	Simple Online Pharmacy 2012, Glasgow (United Kingdom), Unfunded	Online health consultation and telepharmacy	-	-	36/100