Category Archives: joe montana

Truepill, the ‘AWS for pharmacies,’ gets $10M from Initialized Capital

Venture capitalists’ latest on-demand delivery bet is in the pharmaceutical space. Truepill, an online pharmacy powering delivery for the likes of Hims, Nurx, LemonAID and other direct-to-consumer healthcare brands, has nabbed a $10 million Series A from early-stage VC fund Initialized Capital. The investment brings the Y Combinator graduate’s total raised to $13.4 million. Y Combinator, Sound Ventures, Tuesday Capital and others participated in the round. Founded in 2016, the San Mateo-based startup employs 150 workers and plans to expand its team and fulfillment facilities into the […]

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Cannabis startup Caliva raises $75M from former Yahoo CEO Carol Bartz and Joe Montana

San Jose cannabis company Caliva is proving that weed’s still hot, even as some markets cool off. The company is announcing a $75 million round of investment that includes participation from former Yahoo CEO Carol Bartz and football legend Joe Montana . If that pair seems unlikely, it just goes to show that cannabis attracts an eclectic mix. With what the company itself refers to as a “war chest,” Caliva intends to expand its portfolio of products as well as ramping up its efforts courting cannabis users […]

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