PillDrop is a health tech startup that has been revolutionizing the management of complex medication regimens for people living at home in New Zealand. With a focus on providing unmatched access and convenience, PillDrop caters to over 130,000 New Zealanders with chronic health conditions. The company's innovative solution involves PillSachets, which are cleverly packaged medications that arrive already sorted by date, time, name, and dosage. This approach eradicates the need for manual tasks such as sorting multiple medicine bottles and ensures that repeat prescriptions are automatically sent before they run out, eliminating expired medications. Since its launch in 2020, PillDrop has experienced substantial growth and has secured contracts from District Health Boards across the country. Notably, the company received a corporate round investment from Green Cross Health in September 16th, 2021, signifying a significant milestone for the startup. This investment is pivotal in supporting PillDrop's expansion and the continued development of its digital pharmacy solution to reach more people nationwide, alongside investments in additional technology. In summary, PillDrop is making waves in the healthcare industry by providing a streamlined and convenient approach to medication management, and with the support of Green Cross Health's investment, the company is well-positioned to further expand its innovative services and technologies.
Funding Stage | Amount | No. Investors | Investors | Date |
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Corporate Round | Unknown | 1 | Green Cross Health | 16 Sep 2021 |
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