RxBenefits Overview

  • Year Founded
  • 1995

Year Founded

  • Status
  • Private

  • Employees
  • 1,200

Employees

  • Latest Deal Type
  • Debt Refin.

  • Financing Rounds
  • 10

  • Investments
  • 1

RxBenefits General Information

Description

Provider of pharmacy benefit procurement and administration services intended for employee benefits consultants and self-insured employers. The company operates as a Pharmacy Benefits Optimizer (PBO) delivering prescription drug program, which is an alternative to traditional PBM arrangements, in order to enable clients to maximize the value of their pharmacy benefits and manage their costs.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • 3700 Colonnade Parkway
  • Suite 600
  • Birmingham, AL 35243
  • United States
+1 (800)
Primary Industry
Consulting Services (B2B)
Other Industries
Other Commercial Services
Other Healthcare Services
Vertical(s)
Corporate Office
  • 3700 Colonnade Parkway
  • Suite 600
  • Birmingham, AL 35243
  • United States
+1 (800)

RxBenefits Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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RxBenefits Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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RxBenefits Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of pharmacy benefit procurement and administration services intended for employee benefits consultants and self
Consulting Services (B2B)
Birmingham, AL
1,200 As of 2024

Natchitoches, LA
 

San Diego, CA
 
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RxBenefits Competitors (9)

One of RxBenefits’s 9 competitors is Liviniti, a Private Equity-Backed company based in Natchitoches, LA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Liviniti Private Equity-Backed Natchitoches, LA
MedImpact HealthCare Systems Formerly PE-Backed San Diego, CA
Express Scripts Corporate Backed or Acquired Saint Louis, MO
Magellan Health Formerly PE-Backed Columbia, MD
CVS Caremark Formerly VC-backed Lee's Summit, MO
You’re viewing 5 of 9 competitors. Get the full list »

RxBenefits Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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RxBenefits Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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RxBenefits Investments (1)

RxBenefits’s most recent deal was a Buyout/LBO with Confidio. The deal was made on 08-Sep-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Confidio 08-Sep-2021 Buyout/LBO Business/Productivity Software
To view RxBenefits’s complete investments history, request access »

RxBenefits Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Confidio Towson, MD 2011

RxBenefits FAQs

  • When was RxBenefits founded?

    RxBenefits was founded in 1995.

  • Where is RxBenefits headquartered?

    RxBenefits is headquartered in Birmingham, AL.

  • What is the size of RxBenefits?

    RxBenefits has 1,200 total employees.

  • What industry is RxBenefits in?

    RxBenefits’s primary industry is Consulting Services (B2B).

  • Is RxBenefits a private or public company?

    RxBenefits is a Private company.

  • What is RxBenefits’s current revenue?

    The current revenue for RxBenefits is .

  • How much funding has RxBenefits raised over time?

    RxBenefits has raised $347M.

  • Who are RxBenefits’s investors?

    Advent International and Great Hill Partners have invested in RxBenefits.

  • Who are RxBenefits’s competitors?

    Liviniti, MedImpact HealthCare Systems, Express Scripts, Magellan Health, and CVS Caremark are some of the 9 competitors of RxBenefits.

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