FundedIQ
Administrative Services

Medly Pharmacy: Funding, Investors & Team (Oct 2026)

Medly Pharmacy is a full-service, digital pharmacy under parent company Medly Health that offers free same-day prescription delivery. Combining dedicated customer service with two generations of pharmacy expertise, Medly works with providers and patients to personalize every aspect of the care journey.

medlypharmacy.com LinkedIn Brooklyn, United States 251-500 employees
Delivery Health Care Pharmaceutical Same Day Delivery
Total raised
$100M
Rounds
1
Latest
Undisclosed round
Jul 2020

Medly Pharmacy has raised $100M across 1 funding round on record, the most recent an undisclosed round of $100M announced in Jul 2020.

That round is above the $5.0M median round size for Administrative Services companies tracked on FundedIQ over the last two years.

Medly Pharmacy Company Profile and Key Stats

Total funding raised
$100M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$100M in Jul 2020
Employees
251-500
reported band
Headquarters
Brooklyn, United States

Latest funding round on record: Jul 2020.

Medly Pharmacy Funding Rounds

Date
Round
Amount
Undisclosed round
$100M

Medly Pharmacy Founders and Leadership Team

Name
Role
Contact
Marg Patel
CEO
Locked

Contact details for the Medly Pharmacy team: 1 of 1 has an email address on file.

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Medly Pharmacy Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round

Medly Pharmacy's latest round of $100M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

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Medly Pharmacy Funding FAQs

What does Medly Pharmacy do?

Medly Pharmacy is a full-service, digital pharmacy under parent company Medly Health that offers free same-day prescription delivery. Combining dedicated customer service with two generations of pharmacy expertise, Medly works with providers and patients to personalize every aspect of the care journey.

How much funding has Medly Pharmacy raised?

Medly Pharmacy has raised $100M across 1 round on record. The most recent is an undisclosed round of $100M announced in Jul 2020.

When did Medly Pharmacy last raise funding?

Medly Pharmacy's most recent funding round on record is an undisclosed round of $100M, announced in Jul 2020.

Who is the CEO of Medly Pharmacy?

Marg Patel is listed as CEO at Medly Pharmacy.

Where is Medly Pharmacy headquartered?

Medly Pharmacy is based in Brooklyn, New York, United States.

How many employees does Medly Pharmacy have?

Medly Pharmacy is in the 251-500 employee band.

How does Medly Pharmacy's funding compare to other Administrative Services startups?

Medly Pharmacy's latest round of $100M is above the $5.0M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.

About FundedIQ's Medly Pharmacy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Medly Pharmacy is left off this page rather than filled in.

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