NowRx was founded in 2015 by Cary Breese. While Breese has not publicly discussed plans to participate in an IPO, NowRx hired Mark Marlow as it's first CFO in February 2022. Throughout his career, Marlow has helped guide two companies through successful IPOs. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

NowRx is a telehealth platform that functions as a digital pharmacy, offering same-day delivery on prescriptions and other medical services. While the company has received funding from traditional VC firms, NowRx has shifted towards a crowdfunding model in recent funding rounds. NowRx has raised $79 million, $20 million of which was raised in a fully crowdfunded round. The latest round increased the company's pre-money valuation to $275 million.

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To invest in NowRx pre-IPO

Can you invest in NowRx pre-IPO?

NowRx is a privately held company and is not publicly traded, therefore investing in NowRx pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of NowRx before it goes public?

You can seek to sell your shares in NowRx while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my NowRx shares?

To determine the value of your NowRx shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your NowRx shares. You can also learn more about how to sell your private shares before getting started.

Is NowRx a publicly traded company?

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

To learn more about NowRx potential IPO

Will NowRx go IPO?

NowRx has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is NowRx’s IPO price?

The NowRx IPO price does not exist at this time, as NowRx is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to NowRx register for Forge Markets, today.

When was NowRx founded?

NowRx was founded in 2015.

What is NowRx funding to date?

NowRx has raised $114.11MM to date.

Who are NowRx’s major investors?

Crowdcube
Decathlon Capital Partners
Ulu Ventures
Visary Capital
Plug and Play Tech Center
Igniter100
Gershon Capital
Logical Venture Partners
Envlp Ventures

NowRx Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
10/07/2021 Series C $74.03MM $xx.xx $334.19MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
7,050,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
07/15/2020 Series B $22.4MM $xx.xx $98.38MM Mohammed Sharian
Price per Share
$xx.xx
Shares Outstanding
6,497,179
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Mohammed Sharian
10/16/2018 Series A $17.68MM $xx.xx $57.07MM Joshua Montross, Ozzy Akay, Visary Capital
Price per Share
$xx.xx
Shares Outstanding
8,841,611
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Joshua Montross, Ozzy Akay, Visary Capital
Updated on: Dec 21, 2024

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