About AssistRx
AssistRx is a company based in Orlando (United States) founded in 2009 by Edward Hensley was acquired by Welsh, Carson, Anderson & Stowe in February 2024.. AssistRx has completed 1 acquisition, including CaretMD. AssistRx offers products and services including iAssist, e-Support Services, Patient Solutions, and CoAssist. AssistRx operates in a competitive market with competitors including ACTO, IntegriChain, Axtria, IMS Health and CompareNetworks, among others.
- Headquarter Orlando, United States
- Founders Edward Hensley
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Assistrx Inc
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Annual Revenue
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Latest Funding Round
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Welsh, Carson, Anderson & Stowe
(Feb 22, 2024)
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Products & Services of AssistRx
AssistRx offers a comprehensive portfolio of products and services, including iAssist, e-Support Services, Patient Solutions, and CoAssist. 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.
Platform for enrollment and support in therapy initiation
Services for automated benefits verification and consents
Solutions for non-commercial pharmacy and patient education
Tools for analytics and directive support in healthcare
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Software Development Team
22 people
Leadership Team
20 people
Senior Team
10 people
Sales and Marketing
9 people
Human Resources and Administration
7 people
Legal and Compliance
6 people
Finance and Accounting
5 people
Manager Team
5 people
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Funding Insights of AssistRx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in AssistRx
AssistRx has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Welsh, Carson, Anderson & Stowe. 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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Healthcare and technology sectors are targeted for private equity investments.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 AssistRx
AssistRx has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CaretMD. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Web-based patient management software is provided for care team communication.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Financial Statements - AssistRx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Assistrx Comparisons
Competitors of AssistRx
AssistRx 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 ACTO, IntegriChain, Axtria, IMS Health and CompareNetworks, 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 |
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AI and SaaS-based educational platform for life sciences is provided.
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Inventory, order and customer relationship management solution for life science suppliers.
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Data analytics and AI solutions are provided for life sciences.
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SaaS and AI-based market intelligence is provided for healthcare companies.
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CompareNetworks delivers media and platform products in web and mobile formats for science and healthcare manufacturers.
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Digital data flow management services
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Assistrx
Frequently Asked Questions about AssistRx
When was AssistRx founded?
AssistRx was founded in 2009.
Where is AssistRx located?
AssistRx is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Who is the current CEO of AssistRx?
Jeffrey Spafford is the current CEO of AssistRx.
What does AssistRx do?
AssistRx develops technology solutions to connect pharmaceutical and biotech manufacturers with prescribers, patients providers. Its flagship product iAssist, integrated with a therapy-specific care management onboard providers and patients through the start of therapy, and connects patients to the services that support them throughout treatment. It provides acceleration services such as electronic prescribing, electronic patient consent, electronic prior authorizations, real-time patient benefit eligibility queries and digital enrollment into therapy support programs. Works with 150 EHR vendors, it claims to streamline processes related to referrals, consents, prior authorizations and drug distribution. As of Nov 2017, it claims to accelerate time-to-therapy for over 60 brands and is being prescribed by 11k HCPs. It has also acquired Caret that has developed a web-based platform created to align and streamline care for specialized conditions to improve patient outcomes.
Who are the top competitors of AssistRx?
AssistRx's top competitors include Axtria, ACTO and IntegriChain.
What products or services does AssistRx offer?
AssistRx offers iAssist, e-Support Services, Patient Solutions, and CoAssist.
How many acquisitions has AssistRx made?
AssistRx has made 1 acquisition, including CaretMD.
Who are AssistRx's investors?
AssistRx has 1 investor. Key investors include Welsh, Carson, Anderson & Stowe.