HealNow, Inc. Asset Profile

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Year established

2018

Location

New York NY US

Primary Industry

Healthcare IT

About

Based in New York, US, and founded in 2018, HealNow, Inc. provides an onboarding and payments platform for pharmacies. The company was co-founded by Halston Prox and Joshua Smith. In September 2023, HealNow, Inc. raised USD 5.5 million in seed funding led by investor Bonfire Ventures, with participation from other investors Alabama Futures Fund, Impulsum Ventures, Remarkable Ventures, and Walkabout Ventures. The platform allows retail, specialty, and mail-order pharmacies to accept prescription payments to reduce the number of phone calls and forms they receive via fax. The platform allows patients to pay co-payments, schedule deliveries, and enter medical information online. The platform is also available for outpatient hospital pharmacies. The company generates revenue by selling its platform on a subscription basis which enables customers to choose from essential, premium, and enterprise plans. The company plans to use the September 2023 fundings to accelerate product development and expand partnerships with other pharmacy service providers to build on the platform ecosystem. The firm also plans to expand its national reach to serve pharmacies of all sizes across all verticals, including retail, hospitals, universities, veterinarians and more.

Current Investors

SB Investment Advisers, Redhawk Venture Group, Bonfire Ventures

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Primary Industry

Healthcare IT

Sub Industries

e-Financial, Healthcare IT, Medical Software, Application Integration Software

Website

www.healnow.co

Verticals

Cloud Computing, FinTech, HealthTech, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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