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FinTech Startup HealNow Raises $1.3M to Offer Pharmacies An Online Payment Solution

Black-owned health tech company HealNow is rising up in the startup world and announced that it has recently closed a $1.3 million round of funding to further its mission in the healthcare space. According to TechCrunch, HealNow raised $1.3 million in seed funding from SoftBank Opportunity Fund and Alabama Futures Fund to continue helping pharmacies improve their patient onboarding process and revolutionize their experiences with tech. The funding will primarily go toward building out the sales and marketing arms of the startup to continue fueling its growth. TechCrunch reports that HealNow — which was founded by Halston Prox and Joshua Smith — was created to “become the central nervous system for order and delivery of prescriptions,” per Prox’s words. The outlet shares the average payments processing system isn’t always applicable to pharmacies, big or small, because of the complexities that health insurance and the regulatory landscape hold — which is where HealNow comes into...

Dec 14, 2020