Instant medicine delivery startup Plazza raises $15 Mn led by Accel, Elevation and Nexus

Plazza raised $15 million in Series A funding co-led by Accel, Elevation Capital, and Nexus Venture Partners.

Plazza operates a pharmacy-first quick commerce platform using AI-powered inventory management for 15-30 minute medicine delivery.

Each Plazza store stocks over 40,000 SKUs, enabling prescription fill rates above 95% compared to the industry average of 50-60%.

The startup's GMV grew nearly 27X between June 2025 and March 2026, and repeat customers order baskets 30% larger than first-time users.

Funds will strengthen AI-driven inventory intelligence, expand pharmacy network, and build operational capabilities.