# MedAvail funding: rounds and investors > MedAvail has raised $140M across 5 rounds since 2011. Investors include Deerfield, Redmile Group and Adage Capital Management. Every round with its source. Source: https://millionrounds.com/company/medavail (Millionrounds; every figure on the page links to its filing or article) Canada · [Funded startup](https://millionrounds.com/companies) # Who invested in *MedAvail* 5 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Biotech Healthcare Funding summary Updated 26 Oct 2026 **$140M** raised across 5 rounds since 2011, from 5 sources **$70M** Venture **$7.1M** Venture **$30M** Series C **$17M** Round **$16M** Round - **Latest round:** Round, $16M Mar 2023 - **Biggest round:** $70M Venture · Jan 2011 - **Investors:** 10 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2011 2013 2015 2017 2019 2021 2023 **$70M** Venture **$7.1M** Venture **$30M** Series C **$17M** Round **$16M** Round - **First round:** Venture, $70M - **Biggest round:** $70M - **Usual gap between rounds:** 3.8 years ## The rounds - **Mar 2023** Round **$16M** *1 new* *3 returning* [LD Capital](https://millionrounds.com/fund/xie) [Deerfield](https://millionrounds.com/fund/deerfield) [Redmile Group](https://millionrounds.com/fund/redmile-group) [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) Source recorded - **Jul 2018** Round **$17M** *3 new* *2 returning* [Deerfield](https://millionrounds.com/fund/deerfield) [Pura Vida Investments](https://millionrounds.com/fund/pura-vida-investments) Adage Express Scripts Lewis & Clark Ventures/ Redmile Reported by FinSMEs - **Oct 2014** Series C **$30M** *6 new* [Deerfield](https://millionrounds.com/fund/deerfield) [Redmile Group](https://millionrounds.com/fund/redmile-group) [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) [Pura Vida Investments](https://millionrounds.com/fund/pura-vida-investments) [Walgreens](https://millionrounds.com/fund/walgreens) [Alliance Boots](https://millionrounds.com/fund/alliance-boots) From a historical funding record - **Jan 2011** Venture **$7.1M** No investor was named in the report. Reported by sec.gov - **Jan 2011** Venture **$70M** No investor was named in the report. Reported by sec.gov ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Venture** 2011 **Venture** 2011 **Series C** 2014 **Round** 2018 **Round** 2023 [Deerfield](https://millionrounds.com/fund/deerfield) [Redmile Group](https://millionrounds.com/fund/redmile-group) [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) [Pura Vida Investments](https://millionrounds.com/fund/pura-vida-investments) [LD Capital](https://millionrounds.com/fund/xie) [Walgreens](https://millionrounds.com/fund/walgreens) [Alliance Boots](https://millionrounds.com/fund/alliance-boots) Adage Express Scripts Lewis & Clark Ventures/ Redmile ## Everyone who backed them [Deerfield](https://millionrounds.com/fund/deerfield) VC firm **3** rounds [Redmile Group](https://millionrounds.com/fund/redmile-group) VC firm **2** rounds [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) Asset manager **2** rounds [Pura Vida Investments](https://millionrounds.com/fund/pura-vida-investments) VC firm **2** rounds [LD Capital](https://millionrounds.com/fund/xie) VC firm **1** round [Walgreens](https://millionrounds.com/fund/walgreens) Corporate VC **1** round [Alliance Boots](https://millionrounds.com/fund/alliance-boots) Corporate VC **1** round Adage no record of our own yet **1** round Express Scripts no record of our own yet **1** round Lewis & Clark Ventures/ Redmile no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=medavail). ## Quick answers about MedAvail ### Who invested in MedAvail? MedAvail's investors include Deerfield, Redmile Group, Adage Capital Management, Pura Vida Investments and LD Capital, and 5 more on record. ### How much has MedAvail raised? MedAvail has raised $140M across 5 rounds since 2011. ### When did MedAvail last raise? MedAvail's most recent round was an Undisclosed round of $16M in Mar 2023. ### What was MedAvail's biggest round? MedAvail's largest round on record is $70M (Venture), in Jan 2011. ### Who backed MedAvail first? MedAvail's first round on record, in Oct 2014, was backed by Deerfield, Redmile Group and Adage Capital Management and 3 others. ### What stage is MedAvail at? MedAvail's latest named round is an Undisclosed round, in Mar 2023. ### Where is MedAvail based? MedAvail is based in Canada. ## Companies like MedAvail In the same sector, and raised in the last eighteen months. [**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**The Wellness Company** $1.2M · Sept 2026](https://millionrounds.com/company/the-wellness-company)[**Fullscript** Sept 2026](https://millionrounds.com/company/fullscript)[**Cardiol Therapeutics** $7.0M · Sept 2026](https://millionrounds.com/company/cardiol-therapeutics)[**QurCan Therapeutics Inc.** $6.0M · Sept 2026](https://millionrounds.com/company/qurcan-therapeutics-inc) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app