MailMyPrescriptions.com operates a subscription-based wholesale pharmacy network headquartered in Boca Raton, Florida. Members pay a small quarterly subscription fee to access thousands of FDA-approved drugs at wholesale prices through a network of mail-order pharmacies. The company reports members save an average of over $1,300 annually per medication and average household savings of over $4,000 per year. The seed funding will finance construction of an operations center and a proprietary pharmacy that the company says will be one of the largest prescription drug mail-order facilities in the country. From the new operations center technicians will process orders and provide clinical care and customer service by phone, and the expansion is expected to bring more than 150 jobs to South Florida. MailMyPrescriptions.com plans a Series A Preferred private placement to raise an additional $3 million to fund a multi-channel advertising campaign targeted to uninsured and underinsured Americans during the nationwide open enrollment period.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2016