Tech Company Financing Transactions
Capital Rx Funding Round
Capital Rx, operating out of New York, secured $50 million from Atlantic Health System, Banner Health and Hawaii Pacific Health.
Transaction Overview
Company Name
Announced On
10/11/2023
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand R&D efforts related to JUDI's modules and capabilities, the growth of its member and client service teams, as well as hiring in other key areas of the company.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
228 Park Ave. S 87234
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Website
Email Address
Overview
Capital Rx is a next generation pharmacy benefit manager (PBM) overseeing self-insured prescription benefit plans for employers, unions, and government entities (payers). From underwriting to reporting, we are building the systems to redefine pharmacy benefits.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anthony Loiacono
Chief Operating Officer
Joseph Alexander
Chief Technical Officer
Ryan Kelly
President
Matthew Gibbs
Vice President
Karen Dierker
Vice President
Ryan Duffy
Vice President
Sara Izadi
Vice President
Michael Miele
Vice President
Kasi Ortiz
Vice President
Ronald Roscia
VP - Bus. Development
Josh Golden
VP - Client Services
Howard Drake
VP - Client Services
Amber Meranda
VP - Finance
Aaron Ganz
VP - General Counsel
Laura Alemzadeh
VP - Human Resources
Gurjeet Kashyap
VP - Operations
Jeffrey Li
VP - Product Management
Etugo Nwokah
VP - Product Management
Lawrence Shoemaker
VP - Sales
Tony Barrett
VP - Sales
Evan Rochkind
Browse more venture capital transactions:
Prev: 10/11/2023: HiringBranch venture capital transaction
Next: 10/11/2023: Bedrock Energy venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs