The Pill Club, a San Francisco, CA-based online birth control prescription and delivery service, raised $51m in Series B funding.
The round, which brought total funding to $67m to date, was led by VMG, with participation from new investors GV (formerly Google Ventures), ACME Capital and existing investors Base10 and Shasta Ventures.
The company intends to use the funds to improve its technology to further automate operations, expand prescription services and its education services.
Led by Nick Chang, founder and CEO, The Pill Club is a healthcare startup delivering and prescribing birth control across the US via an app to make decisions about their health, judgment-free. Its medical team includes doctors, nurses, and patient care coordinators to guide members every step of the way.
The company has its own licensed pharmacy, recognized by pharmacy boards in all 50 states and Washington, D.C., which dispenses birth control to all 50 states and Washington, D.C., and can currently prescribe medication in 35 states.
To sign up, members create an account on The Pill Club’s website, share where their existing prescription is located or upload an image of their prescription, and The Pill Club pharmacists take care of the rest. For those located in a state where The Pill Club prescribes, members can indicate that they need a new prescription written up when signing up.
The company accepts all major prescription insurance plans, including Medi-Cal, Family PACT and Medicaid in certain states.
FinSMEs
22/01/2019