When was MEDS founded?

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

Where is MEDS located?

MEDS is headquartered in Stockholm, Sweden.

Who is the current CEO of MEDS?

Bjorn Thorngren of MEDS. They have also founded 1 company.

How many employees does MEDS have?

As of Aug 31, 2026, the latest employee count at MEDS is 87.

Is MEDS a funded company?

MEDS is a funded company, having raised a total of $26.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 11, 2019.

When was the latest funding round of MEDS?

MEDS's latest funding was a $***** Series B round on Jan 21, 2021, with participation from 1 investor. Its primary sector is Healthcare Booking Platforms. Globally, the Healthcare Booking Platforms sector has seen $2.5B in funding in 2026 to date.

Where does MEDS rank among its competitors?

MEDS ranks 31st amongst 3072 active competitors, of which 134 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was PharmEasy, which secured $193M in Sep, 2025.

Who are the top competitors of MEDS?

MEDS's top competitors include NimbleRx, Alto and Blink Health. Among them, PharmEasy secured the most recent funding round in September, 2025.

MEDS - 2026 Company Profile, Team, Funding & Competitors

MEDS is a public company based in Stockholm (Sweden), founded in 2017 by Bjorn Thorngren and Joanna Elmes. It operates as an Online pharmacy that sells prescription and over-the-counter medicines. MEDS has raised $26.3M in funding from Inbox Capital and M2 Asset Management AB. The company has 3072 active competitors, including 134 funded and 100 that have exited. Its top competitors include companies like NimbleRx, Alto and Blink Health.

Company Details

Online pharmacy that sells prescription and over-the-counter medicines. The product catalog of the company includes food supplements and medicines for Fever & aches, skin care, intimate care, stomach & intestines, and many more. Also, it offers cosmetics and beauty products.

Website: www.meds.se/
Social
Email ID: *****@meds.se, *****@meds.se
Phone Number: +46 **********

Key Metrics

Founded Year

2017

Location

Stockholm, Sweden

Stage

Public

Total Funding

$26.3M in 2 rounds

Latest Funding Round

Series B, Jan 21, 2021, $*****

Investors

Inbox Capital & 6 more

Ranked

31^st among 3072 active competitors

Employee Count

87 as on Aug 31, 2026

Similar Companies

NimbleRx & 4481 more

Exit Details

Public

View MEDS's full profile

MEDS got listed on Sep 23, 2025.

Click here to take a look at MEDS's IPO in detail

MEDS has raised a total funding of $26.3M over 2 rounds. Its first funding round was on Jan 11, 2019. Its latest funding round was a Series B round on Jan 21, 2021 for $*****. 1 investor participated in its latest round. MEDS has 7 institutional investors.

Here is the list of recent funding rounds of MEDS:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 21, 2021	5144779	Series B	8094430	4794397	6073313	9398979
Jan 11, 2019	3555010	Series A	8202821	5744936	Inbox Capital	2580332

Access funding benchmarks and valuations. Sign up today!

View details of MEDS's funding rounds and investors

The founders of MEDS are Bjorn Thorngren and Joanna Elmes. Bjorn Thorngren is the CEO of MEDS.

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

Bjorn Thorngren: Co-Founder & CEO of MEDS.
Contact Info: 1 email address
Joanna Elmes: Former Co-Founder of MEDS.

View details of MEDS's Founder profiles and Board Members

MEDS's employee count trend

MEDS has 87 employees as of Aug 26. Here is MEDS's employee count trend over the years:

Uncover MEDS'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 MEDS include NimbleRx, Alto and Blink Health. Here is the list of Top 10 competitors of MEDS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NimbleRx 2015, Palo Alto (United States), Acquired	Provider of digital pharmacy management software and prescription delivery services	$74.7M	Four Rivers Group, Y Combinator & 9 others	75/100
2nd	Alto 2015, San Francisco (United States), Acquired	Online pharmacy offering prescription delivery services	$592M	SoftBank Vision Fund, Greenoaks & 38 others	75/100
3rd	Blink Health 2015, New York City (United States), Series B	Online pharmacy offering discounted prescription drugs	$165M	Princeville Capital, LeFrak & 10 others	75/100
4th	DocMorris 2000, Aachen (Germany), Acquired	Online pharmacy providing pharmacy products and healthcare services	$88.3M	Hg, Raakwark Kaptaal & 2 others	74/100
5th	SastaSundar 2011, Kolkata (India), Acquired	Provider of an online marketplace for health care products	$48.2M	Rohto Group, PRP Technologies & 26 others	74/100
6th	Pharmacy2U 1999, Leeds (United Kingdom), Series C	Online pharmacy and teleconsultation platform	$313M	BGF, G Square & 28 others	74/100
7th	Arogga 2020, Dhaka (Bangladesh), Seed	Provider of an online pharmacy for healthcare products	$5.7M	The Venture Collective, Sketchnote & 15 others	71/100
8th	PharmEasy 2015, Mumbai (India), Series F	Online medical store offering pharmaceutical products and diagnostic services	$688M	Temasek, Ascent Health & Wellness Solutions ... & 94 others	70/100
9th	Thirty Madison 2017, New York City (United States), Acquired	Healthcare platform offers various brands and personalized treatments	$210M	Northzone, Maveron & 25 others	66/100
10th	Medlife 2014, Bengaluru (India), Acquired	Provider of an online pharmacy for medications	-	Samena Capital, Prasid Uno Family Trust & 4 others	66/100
31st	MEDS 2017, Stockholm (Sweden), Public	Online pharmacy that sells prescription and over-the-counter medicines	$26.3M	Inbox Capital, Centripetal & 5 others	56/100