New York - based pharmacy delivery startup Capsule has raised $ 20 m in funding from Sound Ventures . It aims to streamline the supply chain and cut out third parties to reduce costs and offer customers better delivery options . It currently only operates in the New York area and will need to figure out how to compete with rivals such as Amazon in order to expand . It will also face competition in the tech space. Sound Ventures and Virgin Group also participated in the funding round .
New York - based pharmacy delivery startup Capsule has raised $ 20 m in funding from Sound Ventures . It aims to streamline the supply chain and cut out third parties to reduce costs and offer customers better delivery options . It currently only operates in the New York area and will need to figure out how to compete with rivals such as Amazon in order to expand . Sound Ventures and Virgin Group also participated in the funding round .