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Medzy - About the company

Medzy is a seed company based in Montreal (Canada), founded in 2019 by Francis V. It operates as an Online pharmacy for buying prescribed medicines. Medzy has raised $3.86M in funding from Invest Quebec. The company has 116 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like Felix, Well.ca and Mednow.

Company Details

Online pharmacy for buying prescribed medicines. The platform allows users to upload prescriptions on the app and then the prescribed medicines will be delivered at home on a subscription basis. The company also provides drug insurance to its customers.
Social
X
Phone Number
+1 **********
Registered Address
7015 boul. Gouin est, bureau RC-8, Montréal
Key Metrics
Founded Year
2019
Location
Montreal, Canada
Stage
Seed
Total Funding
$3.86M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
13 as on Jul 31, 2026
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Medzy's funding and investors

Medzy has raised a total funding of $3.86M over 2 rounds. Its first funding round was on Jul 29, 2020. Its latest funding round was a Seed round on Oct 27, 2021 for $*****. 1 investor participated in its latest round. Medzy has 1 institutional investor.

Here is the list of recent funding rounds of Medzy:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 27, 2021
2488270
Seed
3236062
6038927
4668165
3723737
Jul 29, 2020
6354437
Seed
3471087
3706884
7906417
4311314
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Medzy's founders and board of directors

Founder? Claim Profile
The founders of Medzy is Francis V.
Here are the details of Medzy's key team members:

Medzy's Board of Directors

Medzy's board has 2 active members. Marc Airoldi and Sonia Boutin are independent board members.
Here is the list of Medzy's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
5y 4m
aihtyec
Independent board member
-
Current
6y 4m

Medzy's employee count trend

Medzy has 13 employees as of Jul 26. Here is Medzy's employee count trend over the years:
Employee count trend for Medzy
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Medzy's Competitors and alternates

Top competitors of Medzy include Felix, Well.ca and Mednow. Here is the list of Top 10 competitors of Medzy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Felix
Felix
2019, Toronto (Canada), Series C
Provider of an online pharmacy for purchasing medicines
$77.3M
58/100
2nd
Logo for Well.ca
Well.ca
2008, Guelph (Canada), Acquired
Online retailer of health, beauty, skincare, food, and home products
$8.33M
50/100
3rd
Logo for Mednow
Mednow
2018, Vaughan (Canada), Public
Provider of an online platform for teleconsultation & medications
$4.77M
40/100
4th
Logo for MedsOnWheels
MedsOnWheels
2019, Oakville (Canada), Unfunded
Provider of mobile app to order medicines online
-
-
34/100
5th
Logo for Medzy
Medzy
2019, Montreal (Canada), Seed
Online pharmacy for buying prescribed medicines
$3.86M
31/100
6th
Logo for My Lil’ Healthbot
My Lil’ Healthbot
2014, Toronto (Canada), Seed
Digital health bots for ordering medicines and health products
$150K
30/100
7th
Logo for Drugstore Pharmacy
Drugstore Pharmacy
2000, Toronto (Canada), Unfunded
Online prescription management services to manage their prescriptions across pharmacies
-
-
30/100
8th
Logo for Ambrosia
Ambrosia
1979, Thornhill (Canada), Unfunded
Retailer of natural health products and groceries
-
-
30/100
9th
Logo for Sinclair Dental
Sinclair Dental
1971, North Vancouver (Canada), Acquired
Retailer of dental supplies, equipment, and digital solutions for professionals
-
-
28/100
10th
Logo for Big Mountain Drugs
Big Mountain Drugs
2009, Surrey (Canada), Unfunded
Online Pharmacy Store
-
-
27/100
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Medzy's Investments and acquisitions

Medzy has made no investments or acquisitions yet.

Reports related to Medzy

Here is the latest report on Medzy's sector:

News related to Medzy

Medzy.ca Secures $2M in FundingFinSMEsJul 29, 2020Medzy
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