Tech Company Financing Transactions

RxAdvance Funding Round

RxAdvance closed a $50 million financing round on 10/6/2018. Investors included private investors.

Transaction Overview

Company Name
Announced On
10/6/2018
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed. 1 investor participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.

Company Information

Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
2 Park Central Dr.
Southborough, MA 01772
USA
Email Address
Overview
The Pharmacy Benefit Management industry is known for 'business as usual' and has been challenged to bring real value to plan sponsors in addition to traditional transaction management such as benefit design, formulary and MAC management, rebate management, network contracting, and customer service.
Profile
RxAdvance LinkedIn Company Profile
Social Media
RxAdvance Company Twitter Account
Company News
RxAdvance News
Facebook
RxAdvance on Facebook
YouTube
RxAdvance on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ravi Ika
  Ravi Ika LinkedIn Profile  Ravi Ika Twitter Account  Ravi Ika News  Ravi Ika on Facebook
Chief Financial Officer
John Jacobsen
  John Jacobsen LinkedIn Profile  John Jacobsen Twitter Account  John Jacobsen News  John Jacobsen on Facebook
Chief Operating Officer
Madu Narahari
  Madu Narahari LinkedIn Profile  Madu Narahari Twitter Account  Madu Narahari News  Madu Narahari on Facebook
Chief Technical Officer
Prakash Tallabattula
  Prakash Tallabattula LinkedIn Profile  Prakash Tallabattula Twitter Account  Prakash Tallabattula News  Prakash Tallabattula on Facebook
Executive Vice President
Bijendra Malik
  Bijendra Malik LinkedIn Profile  Bijendra Malik Twitter Account  Bijendra Malik News  Bijendra Malik on Facebook
VP - Administration
Aruna Wickremeratne
  Aruna Wickremeratne LinkedIn Profile  Aruna Wickremeratne Twitter Account  Aruna Wickremeratne News  Aruna Wickremeratne on Facebook
VP - Bus. Development
Anand Tati
  Anand Tati LinkedIn Profile  Anand Tati Twitter Account  Anand Tati News  Anand Tati on Facebook
VP - General Counsel
Steven Sager
  Steven Sager LinkedIn Profile  Steven Sager Twitter Account  Steven Sager News  Steven Sager on Facebook


 

 

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About Database of VC Transactions

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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