Wellgistics Health Refinances Outstanding Convertible Debt and Raises $6.5M
Summary
Wellgistics Health completed an oversubscribed $21 million convertible debt financing. The company used the deal to refinance all outstanding convertible debt and add $6.5 million in new working capital. Management said the new capital helps fund operations and satisfy a closing condition for the previously announced DelivMeds AI transaction. The company also highlighted its health IT platforms, including EinsteinRx and PharmacyChain, which connect pharmacies, manufacturers, and AI-powered services across the prescription ecosystem.
Funding
Amount
$6.5M
Total raised
Date
May 27, 2026
Announcement date
Investors
-
Lead investors
Company
wellgisticshealth.com
Funded company
Classifications
industries
HealthTech
applications
HSE- Health, Safety and Environment
AskAI Classifications
Labels
Healthcare Software
SaaS
Pharmacy Management Software
Linked Companies
Wellgistics Health
$1M to $5M