Mayd raises 30 million euros

The pharmacy supplier intends to use the money to expand its service. As soon as digital prescriptions are available, customers will also be able to order prescription drugs.

The Berlin-based company Mayd claims to be the leading online delivery service for pharmacy products. The company has now raised 30 million euros in a Series A financing round. The US fund Lightspeed Venture Partners is a new investor. The existing investors Target Global, 468 Capital and Earlybird Venture Capital are still involved.

Via Mayd, people in Berlin, Hamburg, Munich, Frankfurt am Main, Cologne and Düsseldorf can order over 2000 over-the-counter medicines and other pharmacy products online. The goods come from local pharmacies. Customers can order every day - including Sundays - between 8 a.m. and midnight. Delivery should arrive within 30 minutes. The founders Lukas Pieczonka and Hanno Heintzenberg have already gained experience with the real estate marketing platform McMakler.

Mayd now wants to use the money from the new financing round to expand its service: "Until the e-prescription is launched, we will continue to develop the product for our customers and want to further expand our leading position on the market," says co-founder and Managing Director Lukas Pieczonka. With the electronic prescription, which is still planned for 2022, customers will also be able to order prescription drugs in the future.

Paul Murphy, Partner at Lightspeed Venture Partners, has high hopes for the European market. "The Mayd team convinced us early on with their concept and proved in Germany that the demand for a digital delivery platform for pharmacy products is immense. The US market has shown us through various examples that the potential goes far beyond the pure sale of pharmacy products." He is convinced that this potential is even greater in Germany and Europe.