An Investment Opportunity for a Better Pharmaceutical Industry

NowRx is improving the way we get our prescriptions.
An Investment Opportunity for a Better Pharmaceutical Industry
Image credit: NowRX

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
2 min read
Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

It's no secret to anyone that the American pharmaceutical industry is firmly entrenched in its ways. And that's not necessarily a good thing for customers. Retail pharmacy is a $330 billion industry, driven by high medication costs and stringent means of delivery through brick-and-mortar stores.

NowRx, however, is disrupting the market. Founded in 2016, NowRx is spearheading innovations in technology, convenience and service, carving out a significant chunk of the pharmaceutical market. They say they've seen a 280 percent jump in revenue since 2017 and a 1,000 percent account growth rate since 2016, demonstrating clear resonance in a market that is desperate for change.

NowRx's modern business model focuses on low-cost, highly automated micro fulfillment centers that facilitate same-day delivery to patients in cities across the U.S. Their fast, over-the-phone pharmacist consultations allow customers to get prescriptions quickly, cutting out the middleman pharmacies and reducing overhead to a fraction of what a regular pharmacy costs. In short, NowRx is pioneering a better, more convenient way for people to get the prescriptions they need.

As NowRx continues to grow, it's looking for new investors to help it continue shaking up the field. Right now, you can invest at any level you'd like, giving you the opportunity to be on the ground floor of an exciting new innovation in the pharmaceutical industry.

You can find NowRx on the SeedInvest platform, which offers ground floor investment opportunities at highly vetted startups on the verge of exploding into the mainstream. Read more about NowRx here.

More from Entrepreneur

Our Franchise Advisors will guide you through the entire franchising process, for FREE!
  1. Book a one-on-one session with a Franchise Advisor
  2. Take a survey about your needs & goals
  3. Find your ideal franchise
  4. Learn about that franchise
  5. Meet the franchisor
  6. Receive the best business resources
Make sure you’re covered if an employee gets injured at work by
  • Providing us with basic information about your business
  • Verifying details about your business with one of our specialists
  • Speaking with an agent who is specifically suited to insure your business
Whether you want to learn something new, be more productive, or make more money, the Entrepreneur Store has something for everyone:
  • Software
  • Gadgets
  • Online Courses
  • Travel Essentials
  • Housewares
  • Fitness & Health Devices
  • And More

Latest on Entrepreneur