Fundz

Capital Rx Secures $50 Million in Series B Financing to Accelerate Growth of Pharmacy Technology Platform

PRIVATEFeb 02, 2021

Amount Raised

$50 Million

Round Type

Series B

New YorkSoftwarePrivacy And Security

Description

Capital Rx, the fastest-growing pharmacy benefit manager in the U.S., announced today that it has raised $50 million in Series B financing. The funding round is led by Transformational Capital, with participation from Edison Partners, who led Capital Rx’s Series A financing in 2019.

Quick answer

Capital Rx raised $50 Million in a Series B round, dated February 2, 2021. Capital Rx is based in New York, New York, United States.

How much did Capital Rx raise?
Capital Rx raised $50 Million in a Series B round on February 2, 2021.
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.

  • Damon raised $30M (Funding Round) on March 10, 2021.
  • Damon raised $30M (Funding Round) on March 10, 2021.
  • SentinelOne, Inc. raised $103M on February 24, 2021.
  • Electric raised $40M (Funding Round) on February 23, 2021.
  • Token raised $15M (Series B) on January 27, 2021.
  • Abnormal Security raised $42M on January 12, 2021.

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.

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Company Information

Company

Capital Rx

Location

New York, New York, United States

About

Pharmacy benefit management solutions for employers and unions

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1 contact
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.