Capsule joined the Unicorn Club on April 28, 2021. Headquartered in New York City, New York, United States, the company provides an online pharmacy platform for delivering medications. Capsule coordinates with customers’ existing pharmacies or doctors to obtain prescriptions and offers hand-delivered same-day medications. Deliveries can be made to homes, offices, or other locations, providing convenience and speed for patients.
Keep reading to learn how Capsule built a billion-dollar platform transforming pharmacy delivery and healthcare access.
What Is Capsule and What Does It Do?
Founded in 2015, Capsule offers a digital pharmacy platform that simplifies prescription fulfillment and medication delivery. By integrating prescription management with fast delivery, Capsule ensures that customers receive their medications conveniently and reliably. The platform prioritizes patient experience and operational efficiency, enabling easier management of prescriptions and access to pharmaceutical care without the need for in-person visits to a physical pharmacy.
How Much Funding Has Capsule Raised?
- Series D Round
- Amount Raised: $300 million
- Date: April 28, 2021
- Purpose: Expand same-day delivery services, scale operations, and enhance technology infrastructure for prescription management.
Total Funding Raised: $570 million
Latest Funding Date: April 28, 2021
Latest Known Valuation: $1 billion
Employee Count: 715 (as of Dec 31, 2020)
Key Investors
- SeedFord Partners
- Details: Investment firm focused on growth-stage companies in healthcare and technology.
- Focus Areas: Digital health, consumer health platforms, and technology-enabled healthcare services.
- T. Rowe Price
- Details: Global investment management firm providing growth and venture investments.
- Focus Areas: Healthcare technology, life sciences, and high-growth consumer platforms.
Where Is Capsule’s Headquarters?
Capsule is headquartered in New York City, New York, United States, where it develops and manages its online pharmacy platform and same-day delivery operations.
What’s Next for Capsule?
Capsule plans to expand its delivery footprint, improve digital prescription management, and strengthen operational efficiency. The company aims to make pharmacy access faster, safer, and more convenient for a growing customer base while scaling technology solutions to support healthcare providers and pharmacies.
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