M

Mednow

Online pharmacy delivering prescription medications nationwide

Overview

Mednow is a licensed Canadian online pharmacy that delivers prescription medications, over-the-counter products, and offers health consultations, mainly in Ontario, British Columbia, and Nova Scotia. Customers upload prescriptions online, receive direct billing to their insurance, and have medications delivered discreetly to their door with free delivery for eligible items. It differentiates itself by providing a fully online, at-home pharmacy experience with pharmacist consultations, removing the need for in-person visits while still offering professional support. Its goal is to provide convenient, accessible pharmaceutical care and guidance from pharmacists to help customers manage medications and wellness at home.

Work here?Claim your company

About Mednow

Simplify's Rating
Why Mednow is rated
D+
Rated C on Competitive Edge
Rated D+ on Growth Potential
Rated D- on Differentiation

Industries

Consumer SoftwareHealthcare

Company Size

11-50

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

2019

Get referred to Mednow

See people who can refer or advise you

Simplify Jobs

Simplify's take

What believers are saying

  • Mednow.ca still shows live operations November 5, 2026, with app updates and prescriptions flowing.
  • The company now serves multiple provinces, including Ontario, BC, Nova Scotia, and Alberta.
  • May 2026 disclosures said David Marantz secured over $5 million and restored growth.

What critics are saying

  • Mednow Inc. entered court-appointed receivership on April 9, 2024; existential shutdown risk remains.
  • Betakit reported November 2026 restructuring and buyer search, signaling distressed sale pressure.
  • Receivership sidelines TSXV growth plans, and asset sales usually wipe out equity holders.

What makes Mednow unique

  • Canada-wide online pharmacy with direct insurance billing and discreet home delivery, updated November 2026.
  • Licensed Ontario and British Columbia pharmacies plus virtual care, minor-ailment prescribing, and pharmacist chats.
  • Specialty niche programs like Dexcom diabetes management and Medvisit physician homecare deepen retention.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$46.4M

Above

Industry Average

Funded Over

5 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison Coming Soon

Company News

Business Wire
Jul 15th, 2023
Mednow Invests in Life Support Mental Health Inc. and Signs Non-Binding Letter of Intent to Acquire Complementary Medical Operation

Mednow Inc. (“Mednow” or the “Company”) (TSXV:MNOW; OTCQB:MDNWF), Canada’s on-demand virtual pharmacy, is pleased to announce the Company has signed a

PR Newswire
Jul 12th, 2023
Mednow.ca Closes Successful $6.5M Seed Round Led by Gravitas Securitie

TORONTO (PRWEB) July 15, 2020 Virtual Pharmacy and Healthcare platform Mednow.ca announced today that it has closed an oversubscribed $6.5 million seed round, far exceeding its original $3 millio

MarketScreener
Jun 6th, 2023
Mednow Provides Business Strategy and Virtual Pharmacy Growth Update | MarketScreener

Since the launch of its app in the spring of 2022, Mednow has introduced features such as Dependents and Single Sign-On, enhancing the pharmacy experience for its customers.

Digital Health Global
Feb 2nd, 2023
Mednow Launches New Virtual Diabetes Management Program in Partnership With Dexcom

Mednow Inc. (“Mednow” or the “Company”) (TSXV: MNOW) (OTCQX: MDNWF) announced today the launch of its enhanced Virtual Diabetes Management program, an end-to-end digital diabetes management solution, to enable convenient on-demand access to Dexcom G6 (NASDAQ: DXCM) real-time continuous glucose monitoring (rtCGM) supplies and personalized diabetes care services.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Mednow right now.

Find jobs on Simplify and start your career today

We update Mednow's jobs every few hours, so check again soon!Browse all jobs