Capsule Raises $300M in Series D
Capsule has successfully raised $300M in a Series D at a $1.5B valuation led by TCV, Thrive Capital.
Company Overview
Capsule is a HealthTech company headquartered in New York, NY, founded in 2016 with 500+ employees.
Digital pharmacy platform
Fundraising Details
- Amount Raised: $300M
- Round Type: Series D
- Valuation: $1.5B
- Date: 2021-04-14
- Investors: TCV, Thrive Capital
About Capsule
Digital pharmacy platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: New York, NY
- Founded: 2016
- Team Size: 500+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in Capsule's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Capsule's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.5B valuation marks an important milestone for Capsule, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, Capsule is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2021-04-14. For more information about Capsule, visit their headquarters at New York, NY.
