Andel
New York, US · Founded 2025 · 9 known investors
Find your way into Andel
321 people in our graph share verified history with the Andel team — schools, employers, funds. One of them is your warm intro.
Dan Kozikowskiunlockedknows Jay Bregman · together at Dartmouth College (overlapped)
×5knows the team · via University of Oxford
×2knows the team · via Dartmouth College
×4knows the team · via The London School of Economics and Political Science (LSE)
Andel is a cooperative pharmacy marketplace that gives employer health plans access to manufacturer-direct pricing on high-cost medications, cutting out rebates and middlemen. It manages the full pharmacy experience — intake, fulfillment, and delivery — and offers an API for real-time plan integration, serving plan sponsors and their members.
Founders & leadership
Andel was founded in 2025 by Jay Bregman.
JB
Jay BregmaninFounderJay Bregman spent two decades building marketplace platforms that disintermediate industries, including eCourier, Hailo, and Thimble, before founding Andel, a cooperative pharmacy platform that connects employers directly to pharmaceutical manufacturers for high-cost medications. He comes from a medical family, with his father an inventor in cardiac medicine and his mother a practicing nurse anesthetist.
RM
Ritu Malhotra SingalNamed on SEC filing
Investors · 9
City LightNew York · $1M – $6M
LightbankChicago · $500K – $5M
SeedcampLondon · $378K – $1.1M
Bertelsmann InvestmentsreportedGütersloh
Houghton Street Venturesreported · 2 sourcesLondon · $500K – $2.5M
Also in the syndicate · 4
Bertelsmann Healthcare InvestmentsCitylightSemper VirensSpringboard
Funding
SEC filings, press & company announcements$8.1M disclosed across 2 rounds · 2025
▶$3.6MraisedAug 2025 · 4 investors · OtherRule 506(b)
▶$3.6MraisedAug 2025 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Ritu Malhotra SingalExecutive Officer, Director
- Jay BregmanExecutive Officer, Director
- Offering amount
- $4.2M
- Amount sold
- $3.6M
- Proceeds to insiders
- $250K
- First sale
- Aug 2025
- Incorporated
- Corporation, Delaware, 2025
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlapRo135 shared keywordsRo is an online healthcare platform that connects patients with licensed providers and delivers prescription treatments, including GLP-1 medications for weight loss, ED treatments, and other health goals. The direct-to-consumer telehealth service is fully online and serves individual patients in the United States.
StretchDollar103 shared keywordsStretchDollar runs an ICHRA platform that lets small businesses reimburse employees tax-free for individual health plans.
Found97 shared keywordsFound offers clinically-led, personalized weight care that combines evidence-based medical treatment (including provider-prescribed medications) with support to help members lose weight and improve their health. It serves individuals seeking accessible, judgment-free weight management.
Today88 shared keywordsTODAY is a morning news and lifestyle broadcast program and digital platform that delivers news, entertainment, wellness content, and lifestyle advice to American audiences. The company operates both a television show and TODAY.com, a digital destination offering news coverage, recipes, health tips, and product recommendations.
Maven86 shared keywordsMaven delivers virtual healthcare and benefits management services for women and families through both an enterprise platform serving employers and health plans, and a direct-to-consumer platform offering access to 30+ specialties including hormone and GLP-1 care programs.
Companies competing with Andel for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Andel do?
- Andel is a cooperative pharmacy marketplace that gives employer health plans access to manufacturer-direct pricing on high-cost medications, cutting out rebates and middlemen. It manages the full pharmacy experience — intake, fulfillment, and delivery — and offers an API for real-time plan integration, serving plan sponsors and their members.
- Who founded Andel?
- Andel was founded by Jay Bregman in 2025.
- Who are Andel's investors?
- Andel's investors include City Light, Lightbank, Seedcamp, Bertelsmann Investments, Houghton Street Ventures.
- How much funding has Andel raised?
- Andel has disclosed $8.1M raised across 2 rounds.
- Where is Andel headquartered?
- Andel is headquartered in New York, US.