Musely raises $360M in non-dilutive funding to support growth

Sun, 03 May 2026 08:49:00 +0200

Musely, a telemedicine platform offering compounded treatments for skin, hair, and menopause care, has secured over $360 million from General Catalyst’s Customer Value Fund (CVF), which specializes in non-dilutive capital. Unlike traditional venture capital funding, CVF's alternative financing model involves no equity stake or interest-bearing loans. Instead, Musely will repay the funding through a small percentage of its future revenue, making this a more favorable deal than traditional bank loans or equity rounds. CEO Jack Jia, who co-founded Musely in 2014, explained that the company has been profitable for years and has avoided diluting its ownership. The funding will support Musely’s customer acquisition efforts, which have been a significant cost despite the company’s impressive 50% year-over-year revenue growth. With over 1.2 million patients served, Musely continues to expand its reach, offering asynchronous consultations with board-certified dermatologists and OB-GYNs. Musely'