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§ Private Profile · Toronto, Canada
Software for pharmacies to move beyond dispensing
MedMe Health has raised $3.6M across 2 funding rounds.
Key people at MedMe Health.
MedMe Health was founded in 2019 by Nick Hui (Founder) and Purya Sarmadi (Founder).
MedMe Health has raised $3.6M in total across 2 funding rounds.
MedMe Health builds software for pharmacists to deliver paid clinical services like prescribing/adapting medications, point-of-care testing, giving vaccinations, and monitoring chronic conditions.
Our web-based platform helps both independent pharmacies and large chains schedule appointments online, conduct virtual care, automate documentation, and flag clinical opportunities. With MedMe, our customers have increased their efficiency of clinical service delivery by 10x and increased pharmacy revenue with the same staff.
For the first time, MedMe enables integrations to traditionally locally-stored pharmacy data. Our vision is to transform today’s dispensing locations to tomorrow’s health hubs.
MedMe Health has raised $3.6M across 2 funding rounds. Most recently, it raised $3.0M Seed in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2022 | $3M Seed | M12 | CRV, Greatergoodsociety, Peter Hunn, Connor Edwards, MaRS IAF, Y Combinator | Announced |
| Apr 1, 2021 | $600K Pre Seed | Connor Edwards | Velocity Fund, XX, Young Founders Fund | Announced |
Key people at MedMe Health.
MedMe Health was founded in 2019 by Nick Hui (Founder) and Purya Sarmadi (Founder).
MedMe Health has raised $3.6M in total across 2 funding rounds.
MedMe Health's investors include M12, CRV, GreaterGoodSociety, Peter Hunn, Connor Edwards, MaRS IAF, Y Combinator, Velocity Fund, XX, Young Founders Fund.
MedMe Health is a technology company that builds software enabling pharmacies to move beyond traditional dispensing by delivering paid clinical services such as prescribing, medication adaptation, point-of-care testing, vaccinations, and chronic condition monitoring. Their cloud-based platform helps both independent pharmacies and large chains schedule appointments, conduct virtual care, automate documentation, and identify clinical opportunities, resulting in up to a 10x increase in clinical service delivery efficiency and revenue growth without adding staff. MedMe’s vision is to transform pharmacies into community healthcare hubs, expanding their role in patient care beyond medication dispensing[1][3][5][6].
Founded in 2019 and based in Toronto, Canada, MedMe Health serves the healthcare sector by providing a unified operating system that streamlines pharmacy workflows, enhances patient engagement, and diversifies pharmacy revenue streams. Their platform supports over 4,000 pharmacies and integrates AI-powered clinical assistants to reduce administrative burdens and improve accuracy in documentation and billing[1][3][6].
MedMe Health was founded in 2019 by Purya Sarmadi and Nick Hui, both mechanical engineers with experience at companies like Tesla, John Deere, and Nestle. The founders identified the need to empower pharmacists to step beyond the counter and deliver proactive, data-driven healthcare services. This insight led to the creation of a software platform that addresses the inefficiencies in pharmacy clinical service delivery and documentation. Early traction came from the platform’s ability to increase pharmacy revenue and efficiency, helping pharmacies transition into healthcare hubs[1][5].
MedMe Health rides the growing trend of digital transformation in healthcare, specifically the shift toward decentralized, community-based care. Rising healthcare costs, an aging population, and the need for proactive, accessible care create strong market demand for pharmacy-based clinical services. MedMe’s timing is critical as pharmacies face financial pressures from declining drug margins and closures; their platform helps pharmacies diversify revenue and improve patient outcomes. By enabling pharmacies to become healthcare hubs, MedMe influences the broader ecosystem by integrating pharmacies more deeply into patient care pathways and healthcare data networks[1][5][6].
MedMe Health is positioned to lead the evolution of pharmacies into full-service healthcare providers by continuing to expand its AI capabilities, integrations, and service offerings. Future trends shaping their journey include increased adoption of telehealth, regulatory support for pharmacist-led clinical services, and growing patient demand for convenient care. As MedMe scales, its influence will likely grow beyond pharmacies to impact broader healthcare delivery models, potentially partnering with payers and health systems to embed pharmacies as critical access points for care. Their vision of transforming pharmacies into community health hubs aligns with the future of decentralized, patient-centered healthcare[1][5][6].
