About AccuRx
AccuRx is a company based in London (United Kingdom) founded in 2016.. AccuRx has raised $50 million across 4 funding rounds from investors including Encore Capital Group, Lakestar and Trusted Insight. The company has 53 employees as of March 31, 2021. AccuRx offers products and services including Accurx Platform. AccuRx operates in a competitive market with competitors including MedAware, Ameritox, Pyrls, YouScript and Bainbridge Health, among others.
- Headquarter London, United Kingdom
- Employees 53 as on 31 Mar, 2021
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Accurx Limited
- Date of Incorporation 17 May, 2016
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$39.34 M (USD)34as on Jun 30, 2023
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Net Profit
$-3.89 M (USD)-295as on Jun 30, 2023
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EBITDA
$-4.26 M (USD)-360as on Jun 30, 2023
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Total Equity Funding
$50 M (USD)
in 4 rounds
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Latest Funding Round
$38.07 M (USD), Series B
Sep 15, 2021
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Investors
Encore Capital Group
& 8 more
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Employee Count
53
as on Mar 31, 2021
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Products & Services of AccuRx
AccuRx offers a comprehensive portfolio of products and services, including Accurx Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for secure interactions between patients and healthcare professionals
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Funding Insights of AccuRx
AccuRx has successfully raised a total of $50M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $38.07 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $38.1M
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First Round
First Round
(06 Sep 2016)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series B - AccuRx | Valuation | Lakestar | |
| Feb, 2019 | Amount | Series A - AccuRx | Valuation | Atomico | |
| Mar, 2017 | Amount | Seed - AccuRx | Valuation | Anvil Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AccuRx
AccuRx has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Encore Capital Group, Lakestar and Trusted Insight. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Venture capital co-investments are made in UK later-stage businesses.
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Founded Year | Domain | Location | |
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Tech-based companies are invested in by Atomico venture capital fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AccuRx
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AccuRx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Accurx Comparisons
Competitors of AccuRx
AccuRx operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MedAware, Ameritox, Pyrls, YouScript and Bainbridge Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of an AI based medication dosage and safety managing software for healthcare professionals
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| domain | founded_year | HQ Location |
Pain medication monitoring solutions are provided for US clinicians.
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| domain | founded_year | HQ Location |
Cloud-based practical drug information platform for providers
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| domain | founded_year | HQ Location |
Clinical decision support software for drug interactions is developed.
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| domain | founded_year | HQ Location |
Provider of a clinical intelligence data analytics platform to monitor patient safety and reduce medication errors
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Accurx
Frequently Asked Questions about AccuRx
When was AccuRx founded?
AccuRx was founded in 2016.
Where is AccuRx located?
AccuRx is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is AccuRx a funded company?
AccuRx is a funded company, having raised a total of $50M across 4 funding rounds to date. The company's 1st funding round was a Seed of $436.77K, raised on Sep 06, 2016.
How many employees does AccuRx have?
As of Mar 31, 2021, the latest employee count at AccuRx is 53.
What is the annual revenue of AccuRx?
Annual revenue of AccuRx is $39.34M as on Jun 30, 2023.
What does AccuRx do?
AccuRx was founded in 2016 in London, United Kingdom, within the health technology sector. A platform is operated to improve antibiotic prescribing accuracy in primary care settings. Smart guideline nudges are integrated into clinical workflows, patient engagement tools for self-management are included, and data-driven decision support is provided. Local and national prescribing guidelines tailored to patients are delivered at key workflow trigger points.
Who are the top competitors of AccuRx?
What products or services does AccuRx offer?
AccuRx offers Accurx Platform.
Who are AccuRx's investors?
AccuRx has 9 investors. Key investors include Encore Capital Group, Lakestar, Trusted Insight, Atomico, and British Patient Capital.