About Citizens Rx
Citizens Rx is a company based in Edwardsville (United States) founded in 2009 was acquired by LucyRx in December 2024.. Citizens Rx has raised $200 thousand across 4 funding rounds from investors including Monroe Capital, Comvest Partners and Martis Capital. The company has 101 employees as of December 31, 2022. Citizens Rx operates in a competitive market with competitors including Perfios, Laguna, Mighty, ABI Health and Osigu, among others.
- Headquarter Edwardsville, United States
- Employees 101 as on 31 Dec, 2022
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Citizens Rx, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$200 K (USD)
in 4 rounds
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Latest Funding Round
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Investors
Monroe Capital
& 3 more
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Employee Count
101
as on Dec 31, 2022
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Acquired by
LucyRx
(Dec 03, 2024)
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Funding Insights of Citizens Rx
Citizens Rx has successfully raised a total of $200K across 4 strategic funding rounds. 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 Last Round
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First Round
First Round
(08 Jun 2012)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Debt – Conventional - Citizens Rx | Valuation |
investors |
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| Sep, 2017 | Amount | Debt – Conventional - Citizens Rx | Valuation |
investors |
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| Aug, 2017 | Amount | Series A - Citizens Rx | Valuation |
investors |
| 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 Citizens Rx
Citizens Rx has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Monroe Capital, Comvest Partners and Martis Capital. 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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Private equity and credit investment services for North American middle-market companies.
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Founded Year | Domain | Location | |
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Private debt financing is offered via specialized funds.
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Founded Year | Domain | Location | |
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Martis Capital is focused on investing in healthcare transformation.
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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 Citizens Rx
| 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 - Citizens Rx
| 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 |
Citizens Rx Comparisons
Competitors of Citizens Rx
Citizens Rx 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 Perfios, Laguna, Mighty, ABI Health and Osigu, 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 |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
AI-based patient care management solutions are provided for hospitals.
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| domain | founded_year | HQ Location |
Software solutions for legal funding management are provided.
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| domain | founded_year | HQ Location |
AI-driven solutions for healthcare operations are provided.
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| domain | founded_year | HQ Location |
Online claims processing is facilitated for the insurance industry.
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| domain | founded_year | HQ Location |
Analytics-driven payment accuracy solutions for healthcare payers are provided.
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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 Citizens Rx
Frequently Asked Questions about Citizens Rx
When was Citizens Rx founded?
Citizens Rx was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is Citizens Rx located?
Citizens Rx is headquartered in Edwardsville, United States. It is registered at Edwardsville, Illinois, United States.
Is Citizens Rx a funded company?
Citizens Rx is a funded company, having raised a total of $200K across 4 funding rounds to date.
How many employees does Citizens Rx have?
As of Dec 31, 2022, the latest employee count at Citizens Rx is 101.
What does Citizens Rx do?
Citizens Rx provides a pharmacy benefit management platform for public and private companies and health plans in the United States. Offers administrative operations services, such as claims processing, formulary management, and Rx network management; and clinical and consulting services, including predictive modeling, medicalpharmacy data integration, trend analysis, and reporting, member and physician outreach programs, prior authorization and utilization management, value-based benefit design, preferred drug list, and rebate management. The company also provides service support solutions, which include implementation, client service teams, call center, and consulting services and online reporting and analytic tools, such as clinical reporting, claims insight and management tools, pre-defined reports, ad hoc reporting, and decision support tools, physician access to patient compliance, and financial reporting.
Who are the top competitors of Citizens Rx?
Citizens Rx's top competitors include Perfios, ABI Health and Cotiviti.
Who are Citizens Rx's investors?
Citizens Rx has 4 investors. Key investors include Monroe Capital, Comvest Partners, Martis Capital, and LucyRx.
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