Next Gen Dragons Close First Deal: PopRx

TORONTO, Dec. 8, 2015 /CNW/ - Next Gen Dragons Nicole Verkindt, President of the OMX and Harley Finkelstein, CPO of Shopify announced today the close of the first successful angel investor deal with PopRx. Originally pitched on October 6, 2015, PopRx is a new app that promises to be the 'Uber of prescriptions' delivering medications with just a pic on your phone.'

"What I liked about this deal was the experience of the founders, it was their second app in the health and medical space. And I could see myself using it, it was recognizing that this service was clearly going to be digitized and they had the technological expertise, the platform and it was perfect timing for an infusion by angel investors," commented Nicole Verkindt.

The app already generates revenue, has users in key markets and a large number of local pharmacy partnerships. Co-Founder Dr. Ali Esmail, "We have expedited the roll out, ramp up and scaling of PopRx in anticipation of our pitch to the Dragons in October but we didn't expect to have a deal close this quickly. The profile and deal with Harley and Nicole has already translated in the expansion of our market, we just announced last week that we can now service the Greater Toronto Area. We expect that pace to continue with total national coverage in early 2016. And we just closed our initial family and friends round of financing from physician and pharmacy angel investors."

Shopify CPO and Next Gen Dragon Harley Finkelstein noted, "We are really excited about PopRx. That's why we pushed to close the deal fast and are already collaborating and sharing expertise, from the user experience to downloads and conversions. There is no doubt that in 5 years no one will be trudging out in the snow to wait a half an hour for a prescription.  We are going to make PopRx the Uber of prescriptions."

PopRx is already fast at work on the next generation of their app to launch in early 2016. Additional features to be included in the national launch of PopRx: real time updates on deliveries, patient profiles including drug allergies and interactions, automated prescription refills, pill reminders and compliance measures, live-chats with local pharmacists. PopRx is free and available in the App store, users can add other people to their profiles, allowing for one simplified account for the whole household, reduces dispensing fees, and delivers to your doorstep, even in the winter.

About PopRx:
PopRx is a FREE delivery service and application. We work with local Canadian independent pharmacies to ensure a better pharmacy experience.

SOURCE PopRx Inc.

For further information: Media Inquiries, Adam Levy, 1-800-604-0175 ext 4, adam@poprx.ca

RELATED LINKS
www.poprx.ca

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