Capital Rx Closes $50M+ Strategic Investment Round To Support Growth And Accelerate Judi® Platform Development
Amount Raised
$50 Million
Round Type
Corporate Round
New YorkSoftwarePrivacy And SecurityInvestors
Description
Today, Capital Rx, the full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) advancing our nation's healthcare infrastructure to improve drug price visibility and patient outcomes, is announcing the closing of a strategic investment round totaling over $50 million with participation from more than 10 of the leading health systems in the nation, including Atlantic Health System, Banner Health, Hawai'i Pacific Health, Inova Health System, Lehigh Valley Health Network, Memorial Hermann Health System, Nebraska Medicine, Novant Health, Ochsner Health, and WellSpan Health, among others, as well as Transformation Capital. Collectively, the health systems recognize the strategic importance of collaboration to accelerate the pace of innovation in the PBM industry, including the need to improve the affordability of drugs in the U.S. and bring transparency to drug costs.
Quick answer
Capital Rx raised $50 Million in a Corporate Round round, dated October 11, 2023. Investors: Transformation Capital, Well Span Health, Ochsner Health, Novant Health, Nebraska Medicine, Memorial Hermann Health System, Lehigh Valley Health Network and Inova Health System. Capital Rx is based in New York, New York, United States.
- How much did Capital Rx raise?
- Capital Rx raised $50 Million in a Corporate Round round on October 11, 2023.
- Who invested in Capital Rx?
- Transformation Capital, Well Span Health, Ochsner Health, Novant Health, Nebraska Medicine, Memorial Hermann Health System, Lehigh Valley Health Network and Inova Health System are named as investors in this round.
- What does Capital Rx do?
- Pharmacy benefit management solutions for employers and unions
- Where is Capital Rx based and how big is it?
- Capital Rx is based in New York, New York, United States.
- Who are the decision-makers at Capital Rx?
- Fundz holds 1 contact at Capital Rx. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Privacy And Security and Software around the same time
Companies in the same sectors as Capital Rx that raised within 45 days of this round, from Fundz verified event records.
- LucidLink raised $75M (Funding Round) on November 20, 2023.
- StackHawk, Inc. raised $23K (Seed) on November 8, 2023.
- Adlumin raised $70M (Series B) on October 29, 2023.
- Censys raised $75M (Funding Round) on October 24, 2023.
- Cursor raised $8M (Funding Round) on October 11, 2023.
- GetPaid raised $6M (Seed) on October 5, 2023.
Who to call at Capital Rx, and when
A new round usually means Capital Rx is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Capital Rx raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Capital Rx, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Capital Rx. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Capital Rx raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Capital Rx raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.