Tech Company Financing Transactions
MedAvail Funding Round
MedAvail closed a $30 million Series C venture capital round on 10/18/2014. Investors included Pura Vida Investments, Adage Capital Management and Alliance Healthcare Partners.
Transaction Overview
Company Name
Announced On
10/18/2014
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Investors
Pura Vida Investments (Lead Investor) (Frank Litvack)
Proceeds Purpose
MedAvail intends to use the proceeds from the financing primarily to fund the commercialization of the MedAvail MedCenter® -- a consumer-facing prescription-drug dispensing kiosk providing live two-way audio-visual interaction with a remote pharmacist.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
6665 Millcreek Dr. 1
Mississauga ON, L5N 5M4
Canada
Mississauga ON, L5N 5M4
Canada
Phone
Website
Email Address
Overview
MedAvail Technologies Inc. is a healthcare technology company commercializing a self-service kiosk solution, the MedAvail MedCenter, supporting the dispensing of prescription drugs and Over-The-Counter medications. The MedAvail MedCenter can be deployed in remote sites such as employer locations, clinics, hospitals and retail locations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ed Kilroy
Chief Financial Officer
Ryan Ferguson
Chief Information Officer
Fraser Mackay
Chief Marketing Officer
William Misloski
Chief Medical Officer
Neil Prezioso
Vice President
Chris Gullett
VP - Bus. Development
David Rawlins
VP - Customer Service
Sally Crawford
VP - Engineering
Derek Bessette
VP - Human Resources
Lisa Lutich
VP - Operations
George Burrows
VP - Product Management
Jacqui Detmar
VP - Regulatory Affairs
Seema Siddiqui
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Where The Data Comes From
We do our best to record tech company VC transactions. VC investment data records reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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