Prescription delivery startup TinyRx has managed to secure $5 million in seed funding from 8 Partners, Google Ventures and StartX, as well as several early employees from such companies as Google and Airbnb.

TinyRx will use the funds to disrupt chain pharmacies like Walgreens and CVS, while fighting new players in the market such as Zipdrug and PillPack. While the former competitor is focused on the New York City, the latter will mail your prescription in all 50 states. Meanwhile, TinyRx only covers the Bay Area at the moment.

TinyRx’s approach involves searching for deals and rebates on prescriptions to deliver the best drug prices for the patient.The startup differentiates its offering by finding the best price on medications and then hand-delivering meds instead of mailing them to you like PillPack does. Also unlike PillPack which is the pharmacy, TinyRx is working with established players in the market. This approach — which involves searching for deals and rebates on prescriptions — will deliver the best drug prices for the patient.

“The simple truth about the pharmaceutical industry is that prescriptions are getting more expensive, and less convenient to fulfill,” said TinyRx’s co-founder Andrew Lockhart. “TinyRx is changing that by leveraging all available resources to find savings for customers, and offering a platform that gets their prescriptions to them fast.”

The company has already beta tested its platform, and is currently working with several Bay Area physicians and pharmacies. The plan is to roll the service out to more areas next year, though it’s still not clear which areas that will be.

[Via: TechCrunch]