TinyRx, a San Francisco, CA-based on-demand service for prescription delivery and management, raised $5m in funding.
Backers included Eight Partners, Google Ventures, Stanford’s StartX and seed funds and angel investors, including founders and early employees from companies like Google, Airbnb, athenahealth, and Collective Health.
The company intends to use the funds to expand to additional metro areas in coming months.
Led by Christopher Bockman and Andrew Lockhart, TinyRx works with pharmacies, pharmaceutical benefit managers (PBMs), and drug manufacturers to offers savings to patients who can sign up at TinyRx.com to get prescriptions delivered to home via a fleet of specially-trained and background-checked drivers;
authorize TinyRx via its proprietary software to retrieve and deliver prescriptions in as little as two hours, discover lower costs on prescriptions, even with insurance, and keep track of and schedule delivery times, transfer between pharmacies, order prescriptions by mail and;
Following piloting the service in San Francisco, Oakland, and Berkeley, with several local Bay Area physicians and pharmacies, the service will roll out to additional markets in early 2016.
FinSMEs
20/11/2015