Capsule Corporation
Healthcare
Capsule is a modern pharmacy service that emphasizes convenience by offering free, same-day prescription delivery directly from your phone. Catering to today's busy lifestyles, Capsule simplifies the process of managing medications through a user-friendly platform, ensuring that managing health is no longer a daunting task for its customers. The service integrates seamlessly with doctors and insurance companies, providing a hassle-free experience while maintaining a high level of customer satisfaction.
Founded: 2015
Eric Kinariwala Founder, CEO |
Sonia Patel Chief Pharmacist |
Last summer, Capsule, an online pharmacy startup that had won attention with its speedy prescription-drug deliveries and quirky practice of addressing customers in emails and over the phone as "dear", had a crisis on its hands in New York, its most important market.
Capsule has fully activated its 43,000-square-foot pharmacy in Harlem in which it will invest $25 million over eight years, the digital pharmacy company announced today.
Capsule plans to grow its local team to more than 100 employees over the next 12 months, a company spokesperson said.
Capsule, an app-based pharmacy startup that hit unicorn status last year, initiated layoffs this week, joining the reams of health-tech startups that have been slashing headcounts to adapt to market uncertainty after a year of record-breaking venture capital funding.
Capsule, an online pharmacy startup that offers same-day prescription delivery, raised $300 million in funding. It plans to use the funds to build out an online marketplace for digital health solutions.