Medly Pharmacy
Medly Pharmacy is a Brooklyn-based digital pharmacy founded in 2017 that offers free same-day prescription and health product delivery to U.S. consumers, expanded to nearly 30 markets through its 2021 acquisition of Pharmaca Integrative Pharmacy.
- Company typePrivate
- Founded2017
- HeadquartersBrooklyn, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Medly Pharmacy does
Medly Pharmacy is a U.S. digital pharmacy platform founded in 2017 and headquartered in Brooklyn, New York, that delivers prescriptions and health products directly to consumers with same-day, no-cost delivery. The core offering is a digital-first ordering and fulfillment experience covering prescription medications, OTC items, vitamins, and natural beauty products. Its technology layer centers on the digital pharmacy platform itself, with same-day free delivery cited as the principal proprietary feature and ease-of-use as the stated differentiator. In June 2021, Medly signed an agreement to acquire Boulder-based Pharmaca Integrative Pharmacy Inc., adding physical retail stores and an e-commerce platform and extending the company's reach to nearly 30 U.S. markets.
Medly's revenue model blends recurring prescription dispensing with transactional sales of health and wellness products across both digital and physical channels. The company serves a horizontal segment of general consumers seeking convenience-driven pharmacy fulfillment, with no enterprise or payer concentration indicated in the source data. Distribution operates through two channels: the company's own e-commerce storefront and the acquired Pharmaca physical retail network, both domestic and consumer-targeted. Headcount is reported in the 1,001–5,000 range, consistent with multi-market pharmacy operations and fulfillment logistics.
The company has been capitalized through multiple venture rounds, most notably a $100 million Series B in July 2020 led by Greycroft and Volition Capital, with prior and follow-on capital from Greycroft, Lerer Hippeau, Horsley Bridge Partners, Sand Hill Angels, and White Buffalo Capital. Leadership includes co-founder and CEO Marg Patel, Executive Chairman and co-founder Sahaj Patel, CTO Prasad Pola, and SVP Product Sarkis Kalishian. The disclosed competitive context includes incumbent pharmacy chains such as Walgreens, against which Medly positions on delivery convenience and digital experience rather than scale of physical footprint.
Medly Pharmacy firmographics
Firmographics- Name
- Medly Pharmacy
- Legal name
- Medly Pharmacy
- Website
- https://medly.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Medly Pharmacy is a Brooklyn-based digital pharmacy founded in 2017 that offers free same-day prescription and health product delivery to U.S. consumers, expanded to nearly 30 markets through its 2021 acquisition of Pharmaca Integrative Pharmacy.
- Ownership category
- akta.pro rank
Medly Pharmacy industry classification
Industry- Product category
- Online Pharmacy / Prescription Delivery Services
- NAICS
- Pharmacies and Drug Retailers (456110), Pharmacies and Drug Retailers (45611)
- SIC
- Retail-Drug Stores And Proprietary Stores (5912)
- akta.pro primary industry
- Pharmacy & Health Essentials Delivery (CRAFAFAI)
- akta.pro secondary industries
- Health, Wellness & Pharmacy Marketplaces (CRAFABAF), Telepharmacy & Prescription Fulfillment Marketplaces (HLALALAF)
Keywords
Where Medly Pharmacy is headquartered
LocationHeadquarters
- HQ city
- Brooklyn
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Medly Pharmacy business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Prescription Services: Digital pharmacy revenue from prescription medications dispensed to patients
- Health and Wellness Products: Sales of OTC items, vitamins, natural beauty products, and health products through both physical stores and e-commerce platform
Go-to-market motion1 record
Distribution channels2 records
Medly Pharmacy product offering
Product offeringCore offering
Medly Pharmacy is a digital pharmacy platform that dispenses prescription medications and health/wellness products directly to consumers with free, same-day delivery. Following its 2021 acquisition of Pharmaca Integrative Pharmacy, Medly also sells OTC items, vitamins, and natural beauty products through physical retail stores and an e-commerce storefront across nearly 30 U.S. markets.
Product overview
Medly Pharmacy operates as a digital pharmacy platform offering prescription services and same-day free delivery of medications and health products. The company pursued a growth strategy through acquisition, specifically acquiring Pharmaca Integrative Pharmacy in 2021 to expand from a Brooklyn-based operation into approximately 30 markets. Following the acquisition, the product portfolio expanded to include OTC items, vitamins, and natural beauty products alongside traditional prescription services.
Differentiator
Problem solved
Functional benefit
Products and services
- Digital Pharmacy Services (prescription fulfillment with same-day free delivery) Brooklyn-based digital pharmacy platform that dispenses prescription medications and delivers them free of charge to patients' homes on the same day; offered to U.S. consumers in the markets Medly serves.
- Pharmaca Integrative Pharmacy (acquired health and wellness brand) Acquired retail and e-commerce pharmacy brand offering integrative health products — OTC items, vitamins, and natural beauty products — through physical stores and an online storefront; operates in nearly 30 U.S. markets under Medly ownership.
Companies that use Medly Pharmacy
Customer profileSegments1 record
Ideal customer profiles1 record
Medly Pharmacy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Medly Pharmacy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Pharmaca Integrative Pharmacy Inc.coreMedly Pharmacy signed an agreement to acquire Boulder-based Pharmaca Integrative Pharmacy Inc. in Q3 2021. This acquisition expands Medly into nearly 30 markets and enhances its offerings in the health and wellness sector, including same-day free delivery of various health products. Pharmaca operates both physical stores and an e-commerce platform.
Scale indicators2 records
Recent moves5 records
Expansion highlights5 records
Medly Pharmacy competitors and assessment
Company assessmentDirect peers
- Capsule Pharmacy: Capsule is a New York-based digital pharmacy offering same-day prescription delivery directly to consumers. Closest direct competitor to Medly with nearly identical value proposition, target market, and operating model.
- Alto Pharmacy: Alto is a digital pharmacy platform providing same-day delivery of prescriptions, with a focus on chronic and complex medications. Directly comparable to Medly in digital-first dispensing, delivery, and DTC patient experience.
- PillPack (Amazon Pharmacy): PillPack, now Amazon Pharmacy, pioneered online prescription sorting and delivery. Offers the most direct functional comparison to Medly's digital pharmacy + delivery model, with superior logistics backing from Amazon.
- Truepill: Truepill is a digital pharmacy infrastructure and fulfillment platform serving DTC health brands and telehealth companies. Comparable in digital pharmacy operations and consumer-facing prescription fulfillment.
- CareZone: CareZone operated a digital pharmacy with free delivery and medication management app before being acquired by Walgreens. Directly comparable in DTC digital pharmacy + delivery model, now folded into a larger incumbent.
Broad incumbents
- CVS Pharmacy: CVS is the largest US pharmacy retailer with broad prescription, OTC, and health/wellness offerings. Provides an incumbent benchmark for Medly's omnichannel strategy and represents the dominant competitor Medly must differentiate against.
- Walgreens: Walgreens is one of the largest US drugstore chains offering pharmacy, health products, and delivery services. Represents a scaled incumbent that competes across Medly's physical stores (via Pharmaca footprint) and digital delivery channels.
- Amazon Pharmacy: Amazon Pharmacy extends PillPack into the broader Amazon retail ecosystem, offering prescription delivery with Prime-style logistics. A scaled incumbent with structural advantages in delivery cost and consumer reach.
- Costco Pharmacy: Costco operates a large pharmacy chain with strong value positioning on prescription fulfillment. Comparable as a scaled incumbent competing for Medly's price-sensitive health and wellness consumers.
Emerging players
- GoodRx: GoodRx is a digital healthcare marketplace helping consumers compare prescription prices and access discounts. Comparable in the consumer-facing digital pharmacy space, though focused on price transparency rather than dispensing.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Medly Pharmacy social profiles
Digital presenceMedly Pharmacy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medly Pharmacy leadership team
Management profileNumber of profiles
Profiles4 records
Medly Pharmacy subsidiaries and ownership
Company hierarchySubsidiaries1 record
Medly Pharmacy funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medly Pharmacy M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medly Pharmacy
What does Medly Pharmacy do?
Medly Pharmacy is a digital pharmacy platform that dispenses prescription medications and health/wellness products directly to consumers with free, same-day delivery. Following its 2021 acquisition of Pharmaca Integrative Pharmacy, Medly also sells OTC items, vitamins, and natural beauty products through physical retail stores and an e-commerce storefront across nearly 30 U.S. markets.
Is Medly Pharmacy a public or private company?
Medly Pharmacy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Medly Pharmacy founded?
Medly Pharmacy was founded in 2017. It employs 1,001 to 5,000 people.
Where is Medly Pharmacy based?
Medly Pharmacy is headquartered in Brooklyn, United States, in the North America region.
How does Medly Pharmacy make money?
Two revenue lines are on record. Prescription Services are the primary driver. The others are health and Wellness Products.
Who are Medly Pharmacy's main competitors?
Direct peers on record are Capsule Pharmacy, Alto Pharmacy, PillPack (Amazon Pharmacy), Truepill and CareZone. Broad incumbents are CVS Pharmacy, Walgreens, Amazon Pharmacy and Costco Pharmacy. GoodRx is listed as an emerging player.
Does Medly Pharmacy have an API?
No public API is recorded for Medly Pharmacy.
What industry is Medly Pharmacy in?
Medly Pharmacy's product category is Online Pharmacy / Prescription Delivery Services. Its primary akta.pro industry code is CRAFAFAI, Pharmacy & Health Essentials Delivery, with a secondary code of CRAFABAF, Health, Wellness & Pharmacy Marketplaces. Its NAICS code is 456110 and its SIC code is 5912.