The online pharmacy has announced that it has secured a £40 million investment from a range of sources to support the rapid growth of its repeat prescription service.
Two of the investors include healthcare specialist investor G Square and British Growth Fund (BGF), which has invested in the company before.
G Square partner and former Boots manager Ted Smith will also join the board as non-executive chairman.
The cash injection comes following a period of high growth for the firm, which will use the capital to further invest in technology as its service grows.
The firm said in its press release: “We believe digital transformation is essential to improving patient access to healthcare and easing the strain on the NHS and believe that technology is now making a significant and much-needed mark on healthcare.