RxLightning Overview
- Year Founded
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2020
- Status
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Private
- Employees
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37
- Latest Deal Type
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Series A
- Latest Deal Amount
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$17.5M
- Investors
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9
RxLightning General Information
Description
Developer of a specialty prescription management platform designed to digitize, automate, and streamline the historically complicated manual enrollment process of starting a patient on specialty medications. The company's platform automates the enrollment process for every specialty medication in various therapeutic areas such as addiction medicine, cardiology, endocrinology, and dermatology, enabling healthcare providers to reduce paperwork, streamline communication, and accelerate the speed of therapy for patients.
Contact Information
Website
www.rxlightning.comCorporate Office
- 227 Pearl Street
- New Albany, IN 47150
- United States
Corporate Office
- 227 Pearl Street
- New Albany, IN 47150
- United States
RxLightning Timeline
RxLightning Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Early Stage VC (Series A) | 24-May-2023 | $17.5M | Completed | Generating Revenue | ||
4. Seed Round | 26-Apr-2021 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 25-Mar-2021 | Completed | Generating Revenue | |||
2. Accelerator/Incubator | 12-Aug-2020 | $25K | $25K | Completed | Generating Revenue | |
1. Accelerator/Incubator | 05-Aug-2020 | Completed | Generating Revenue |
RxLightning Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A-2 | ||||||||
Series A-1 | ||||||||
Seed-2 | 245,946 | $0.000100 | $4.2 | $4.2 | 1x | $4.2 | 8.72% | |
Seed-1 | 216,684 | $0.000100 | $9.23 | $9.23 | 1x | $9.23 | 7.68% |
VC Exit Predictor
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RxLightning Comparisons
Industry
Financing
Details
RxLightning Competitors (1)
One of RxLightning’s competitors is Veradigm, a Formerly VC-backed company based in Chicago, IL.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Veradigm | Formerly VC-backed | Chicago, IL |
RxLightning Signals
RxLightning Investors (9)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
BrightSpring Health Services | PE-Backed Company | Minority | ||
dRx Capital Novartis | Venture Capital | Minority | ||
Hearst Ventures | Corporate Venture Capital | Minority | ||
LRVHealth | Venture Capital | Minority | ||
McKesson Ventures | Corporate Venture Capital | Minority |
RxLightning FAQs
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When was RxLightning founded?
RxLightning was founded in 2020.
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Where is RxLightning headquartered?
RxLightning is headquartered in New Albany, IN.
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What is the size of RxLightning?
RxLightning has 37 total employees.
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What industry is RxLightning in?
RxLightning’s primary industry is Enterprise Systems (Healthcare).
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Is RxLightning a private or public company?
RxLightning is a Private company.
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What is the current valuation of RxLightning?
The current valuation of RxLightning is
. -
What is RxLightning’s current revenue?
The current revenue for RxLightning is
. -
How much funding has RxLightning raised over time?
RxLightning has raised $20.5M.
-
Who are RxLightning’s investors?
BrightSpring Health Services, dRx Capital Novartis, Hearst Ventures, LRVHealth, and McKesson Ventures are 5 of 9 investors who have invested in RxLightning.
-
Who are RxLightning’s competitors?
Veradigm is a competitor of RxLightning.
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