Medzoomer
Medzoomer
Industry
About Medzoomer
Medzoomer is an innovative on-demand prescription delivery service that partners with pharmacies to provide secure and efficient medication delivery directly to patients' doors.
Founded in 2019, the company is headquartered in Tampa, Florida, with additional offices in Middletown, Delaware, and Atlanta, Georgia.
How Medzoomer Works
The Medzoomer platform enables patients to order prescriptions through their healthcare provider's platform, ensuring safe transport by HIPAA-certified couriers.
Medications are delivered in tamper-evident and insulated FDA/TSA-approved envelopes, maintaining both safety and privacy.
Patients can track their deliveries in real-time via live GPS tracking, providing transparency and peace of mind.
Addressing Medication Non-Adherence
By leveraging proprietary technology, Medzoomer addresses the significant issue of medication non-adherence, which contributes to 10% of hospitalizations and costs the U.S. healthcare system approximately $260 billion annually.
A nationwide study revealed that 37% of patients have left a prescription at a pharmacy due to the inconvenience of pick-up, and 35% of primary patient non-adherence is linked to factors such as lack of time, reliable transportation, or forgetfulness.
Benefits for Pharmacy Partners
- Average cost savings of over $5,000 per month compared to employing in-house courier services.
- Pharmacies experience an average increase of 18% in new revenue after partnering with Medzoomer.
- Immediate exposure to a broad consumer base.
- Cost-effective marketing solution for pharmacy owners.
Financials and Funding
In 2023, Medzoomer reported a revenue of $8.3 million, reflecting its expanding user base and increasing adoption across various industries.
The company has secured multiple funding rounds, including a $3.42 million Series A round in March 2023, indicating strong investor confidence in its growth potential.
Leadership and Vision
Medzoomer's team comprises experienced professionals, including CEO and founder Marvin Kloss, who brings a background in finance and a personal understanding of the challenges patients face in accessing medications.
The company's commitment to innovation and patient-centric solutions positions it as a leader in the evolving healthcare delivery landscape.
Locations
- Tampa, Florida
- Middletown, Delaware
- Atlanta, GA, USA
- Nashville, TN, USA