New York-based veterinary pharmacy startup Mixlab just raised $10 million in new funding. The online pharmacy, which offers next-day delivery for pet prescriptions across the United States, will use the funding to iterate on its tech offerings, grow its operations and shift its focus toward attaining profitability.
In addition to its tailor-made compounded medication, which allows for custom dosages and flavors tailored to the individual pet’s preferences, the company will also broaden its selection to include over-the-counter meds as well as name-brand and generic drugs.
Founded in 2017 to streamline the pharmacy experience for veterinarians and pet owners, Mixlab serves customers from locations in New York and Los Angeles, offering same-day delivery to customers within those cities. Following its most recent funding round, the company will open a third pharmacy in Florida, extending its same-day service to the Miami-West Palm Beach metropolitan area.
The company has also recently expanded its leadership team, adding a new chief operating officer, George Koveos, former COO of direct-to-consumer healthcare startup Ro, and veteran marketing executive Libby Loskota as its SVP of sales and marketing.
Vanterra Ventures led Mixlab’s most recent funding round, in which Lakehouse Ventures also participated.
