The Pill Club

San Mateo, CA Healthcare Acquired

The Pill Club was a direct-to-consumer telehealth and online pharmacy company that provided birth control prescriptions, delivery, and broader women's health services across the United States. Founded in 2014 (originally as MobiMeds) by Nicholas Chang and Kevin Chung, the company offered subscription delivery of contraceptives and later expanded into primary care, emergency contraception, dermatology, and mental health services. After raising more than $100M from investors including GV (Google Ventures), Shasta Ventures, Base10 Partners, ACME, VMG Partners, and Uber CEO Dara Khosrowshahi, the company filed for Chapter 11 bankruptcy in April 2023 following an $18.3M settlement with California over Medi-Cal billing fraud allegations. Its assets, including 100,000 patient records, were acquired by Thirty Madison in a June 2023 Section 363 sale valued at approximately $32.3M, with continuity of care continuing under Thirty Madison's Nurx brand.

Acquired

The Pill Club has been acquired

Acquired by Thirty Madison June 13, 2023 $32.3M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2014

Employees

201–500

Total Funding

$118.49M

4 rounds

Funding

Total raised $118.49M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 05-15-2026

Latest Round

Type

Asset Sale (Section 363)

Date

June 13, 2023

Amount

$32.3M

Valuation

Lead Investors

Thirty Madison
DateRoundAmount RaisedValuationLead Investors
June 13, 2023 Asset Sale (Section 363) $32.3M Thirty Madison
June 14, 2021 Series B Extension $41.9M Base10 Partners
January 22, 2019 Series B $51M VMG Partners

Leadership

  • Liz Meyerdirk

    Chief Executive Officer (2021-2023)

  • Nicholas Chang

    Co-Founder, President & Executive Chairman

  • Kevin Chung

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Nurx

    Direct-to-consumer telehealth provider for birth control, PrEP, and women's health; owned by Thirty Madison post-2022 merger and now operates the former Pill Club patient base.

  • Hims & Hers Health

    Publicly traded DTC telehealth platform offering women's health, birth control, and primary care services.

  • Favor (formerly Pandia Health competitors)

    DTC birth control delivery service operating in the women's health subscription telehealth space.

  • Pandia Health

    Doctor-led birth control delivery and women's telehealth company offering subscription contraceptives.

  • Wisp

    Telehealth platform focused on sexual and reproductive health, including birth control prescriptions and delivery.

  • Thirty Madison

    Multi-brand DTC telehealth holding company (Nurx, Cove, Keeps, Picnic) that ultimately acquired The Pill Club's assets in 2023.

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