What Does Medly Pharmacy Do?

Total employees785
HeadquartersSomerset
Founded2017

Medly Pharmacy was a digital pharmacy company founded in 2017 that aimed to modernize the pharmacy experience by offering free same-day prescription delivery and a mobile app for managing medications. The company grew rapidly, expanding its services to multiple U.S. states. However, Medly Pharmacy faced significant financial challenges, leading to a Chapter 11 bankruptcy filing in December 2022. Subsequently, its assets, including patient prescription files and some physical locations, were sold off to various entities, including Walgreens and the now-defunct pharmacy arm of Truepill. Medly ceased its independent operations in early 2023.

Where Is Medly Pharmacy's Headquarters?

HQ Function

The headquarters housed executive leadership, administrative functions, technology development, and strategic planning for Medly's nationwide operations.

Notable Features:

Likely a modern corporate office space designed to facilitate collaboration and support a technology-driven healthcare company's operations.

Work Culture:

During its operational period, Medly's work culture likely emphasized innovation, customer-centric service, fast-paced growth, and leveraging technology to improve healthcare accessibility.

HQ Significance:

The Somerset headquarters was the nerve center of Medly's ambitious plan to disrupt the traditional pharmacy industry and scale its digital pharmacy model across the United States.

Values Reflected in HQ: The headquarters likely aimed to embody Medly's core values of patient care, technological innovation, and efficiency through its operational setup and work environment.

Location:

Medly Pharmacy's operations were primarily focused within the United States. It offered its digital pharmacy and prescription delivery services across a number of states, including New York, New Jersey, Florida, Pennsylvania, Maryland, and California. The company did not have a significant international operational presence.

Street Address:

100 Randolph Rd

City:

Somerset

State/Province:

NJ

Country:

USA

Where Else Does Medly Pharmacy Operate Around the World?

Brooklyn, NY, USA

Address: Various locations, e.g., 1 Graham Ave, Brooklyn, NY 11206 (Former pharmacy & operational hub)

To provide same-day prescription delivery and pharmacy services to patients in the New York metropolitan area, supporting Medly's direct-to-consumer model and local patient care.

Miami, FL, USA

Address: Various former locations in the Miami-Dade area (Specific addresses not actively maintained post-closure)

To expand Medly's reach and provide its digital pharmacy services, including same-day delivery, to patients in the growing Florida market.

Buying Intent Signals for Medly Pharmacy

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Medly Pharmacy? Meet the Executive Team

As of April 2025, Medly Pharmacy' leadership includes:

Marg Patel - Co-founder & Former CEO
Sahaj Patel - Co-founder & Former COO
Chirag Patel - Former Chairman

Who's Investing in Medly Pharmacy?

Medly Pharmacy has been backed by several prominent investors over the years, including:

Volition Capital
Greycroft
L Catterton
Horsley Bridge Partners
TeamFund
GPO Fund
Jasper Asset Management LLC

What Leadership Changes Has Medly Pharmacy Seen Recently?

Hire0
Exits3

In the 12-24 months leading up to and including its bankruptcy in December 2022, Medly Pharmacy experienced significant upheaval. The original executive team largely disbanded following the bankruptcy filing and subsequent asset sales as the company ceased independent operations. There have been no new executive hires for the original Medly Pharmacy entity, as its functions were wound down or absorbed by acquirers.

Departures

Marg Patel, Leadership transitioned out following bankruptcy proceedings and asset sales of Medly Pharmacy.
Sahaj Patel, Leadership transitioned out following bankruptcy proceedings and asset sales of Medly Pharmacy.
Other Key Executives, Multiple senior leaders departed as the company wound down operations post-bankruptcy filing.

What Technology (Tech Stack) Is Used byMedly Pharmacy?

Discover the tools Medly Pharmacy uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Medly Pharmacy Email Formats and Examples

Previously, Medly Pharmacy likely used common corporate email formats. Given the company ceased operations in its original form, these email addresses are no longer active.

[first].[last]@medly.com or [first_initial][last]@medly.com

Format

john.doe@medly.com

Example

0 (Company is no longer operating; emails are inactive)%

Success rate

What's the Latest News About Medly Pharmacy?

Bloomberg LawDecember 9, 2022

Medly Pharmacy Files for Chapter 11 Bankruptcy

Digital pharmacy startup Medly Health Inc. filed for Chapter 11 bankruptcy protection in Delaware, citing liquidity issues and intending to pursue a quick sale of its assets....more

Becker's Hospital ReviewFebruary 27, 2023

Bankrupt digital pharmacy Medly sells assets to Walgreens, Truepill

Following its bankruptcy, Medly Pharmacy's assets, including prescription data and some pharmacy locations, were sold to Walgreens and Truepill. Truepill later shut down its own pharmacy operations....more

Fierce HealthcareJuly 18, 2023

Truepill shuts down pharmacy business months after buying assets from bankrupt Medly

Truepill, which had acquired some of Medly's assets, announced the closure of its own pharmacy business, including the parts integrated from Medly, marking a further consolidation in the digital pharmacy space....more

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