Zipdrug Closes $2.6M Seed Funding Round

Zipdrug, a NYC-based on-demand prescription medication delivery company, closed a $2.6m seed funding round.

The round was led by Collaborative Fund with participation from Lux Capital, Brian Lee, Montage Ventures, Mesa Ventures and Metamorphic Ventures.

The company intends to use the proceeds to open new markets, grow its internal team and enhance the platform’s capabilities.

Led by Stu Libby, CEO, Zipdrug is an on-demand prescription delivery service available online and through mobile applications. It allows patients to enter payment and delivery details, snap a photo of their insurance card and receive the prescription(s) by a HIPAA-trained messenger.
The company automatically applies any available discounts to the patient’s medications reducing costs as a part of its service.

The service is available for both one time and recurring prescriptions and patients can receive their medications from their preferred pharmacy.



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