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New Deal


Announced

Completed

Volition Capital led a $100m Series B funding round for Medly Pharmacy.

Financials

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Transaction Value£79m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Venture Capital

Single Bidder

United States

Acquisition

Private Equity

Friendly

Private

Completed

digital pharmacy

Health Care Services

Synopsis

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Volition Capital, a growth equity firm, led a $100m Series B funding round for Medly Pharmacy, a full-service digital pharmacy. Greycroft, Horsley Bridge and Lerer Hippeau also participated in the round. "We continue to improve patient care by empowering customers to access prescription drugs on their own terms through a potent combination of physical and digital pharmacy services. We are excited to continue to build on that vision by opening locations in new markets and forging meaningful, long-lasting relationships with patients, physicians, drug manufacturers, and insurance companies," Marg Patel, Medly CEO and Co-Founder.

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