RxBenefits Overview
- Year Founded
-
1995
- Status
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Private
- Employees
-
1,200
- Latest Deal Type
-
Debt Refin.
- Financing Rounds
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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
Website
www.rxbenefits.comCorporate Office
- 3700 Colonnade Parkway
- Suite 600
- Birmingham, AL 35243
- United States
Corporate Office
- 3700 Colonnade Parkway
- Suite 600
- Birmingham, AL 35243
- United States
RxBenefits Timeline
RxBenefits Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
RxBenefits Comparisons
Industry
Financing
Details
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 |
RxBenefits Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
RxBenefits Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
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 |
RxBenefits Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Confidio | Towson, MD | 2011 |
RxBenefits FAQs
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When was RxBenefits founded?
RxBenefits was founded in 1995.
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Where is RxBenefits headquartered?
RxBenefits is headquartered in Birmingham, AL.
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What is the size of RxBenefits?
RxBenefits has 1,200 total employees.
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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.
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What is RxBenefits’s current revenue?
The current revenue for RxBenefits is .
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How much funding has RxBenefits raised over time?
RxBenefits has raised $347M.
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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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