Musely

Summary active Updated May 30, 2026

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Location Silicon Valley, CA
Founded 2013
Latest Stage Non-Dilutive Growth Financing
Total Raised $380M+
Website https://www.musely.com
Sector
healthtech telemedicine dermatology consumer-health dtc

Investors

General Catalyst non-dilutive-growth (2026)

Founders

Jack Jia Founder & CEO

About

Musely is a direct-to-consumer telemedicine platform specializing in compounded prescription treatments for skin, hair, and menopause care, delivered through asynchronous consultations with board-certified dermatologists and OB-GYNs 1. The company was originally launched in 2013 as Trusper, a social platform for lifestyle and beauty tips, and pivoted to teledermatology services in 2019 3. Musely is led by founder and CEO Jack Jia, a serial entrepreneur whose prior ventures include Baynote (acquired 2014) and Interwoven 3. The company is based in Silicon Valley, California 3.

As of the May 2026 financing announcement, Musely reported having served more than 1.2 million patients and described the business as cash-flow positive for years, averaging 50% year-over-year revenue growth 1. The 2026 round of $360M+ from General Catalyst’s Customer Value Fund (CVF) is structured as a non-dilutive revenue-share agreement rather than equity or interest-bearing debt 12.

Funding History

Date Round Amount Lead Co-investors
2014 Seed/Early $20M DCM Other investors (undisclosed) 1
2026-05-01 Non-Dilutive Growth (CVF) $360M+ General Catalyst (Customer Value Fund) — 12

What Investors Say

No independently sourced investor quotes specific to this round have been verified at this time.

What Founders Say

“When I mathematically modeled it, I found this absolutely compelling.”

— Jack Jia, Founder & CEO of Musely, on the economics of the Customer Value Fund structure relative to traditional financing, in TechCrunch coverage of the May 2026 announcement 1.

Sources

  1. Marina Temkin, “Musely secures $360M from General Catalyst without giving up equity,” TechCrunch, May 1, 2026, accessed April 2026. https://techcrunch.com/2026/05/01/musely-secures-360m-from-general-catalyst-without-giving-up-equity/↩↩↩↩↩↩

  2. “Musely Raises Over $360 Million in Non-Dilutive Capital from General Catalyst’s CVF,” IndexBox, May 2026, accessed April 2026. https://www.indexbox.io/blog/musely-raises-over-360-million-in-non-dilutive-capital-from-general-catalysts-cvf/↩↩

  3. “Jack Jia,” Wikipedia, accessed April 2026. https://en.wikipedia.org/wiki/Jack_Jia↩↩↩