About Collect Rx
Collect Rx is a company based in Bethesda (United States) founded in 2006 was acquired by New Capital Partners in June 2018.. The company has 52 employees as of December 31, 2020. Collect Rx offers products and services including Out-of-Network Recovery and Revenue Cycle Management. Collect Rx operates in a competitive market with competitors including Verisk, dacadoo, Informed, Carpe Data and AInnovation, among others.
- Headquarter Bethesda, United States
- Employees 52 as on 31 Dec, 2020
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
52
as on Dec 31, 2020
-
Acquired by
New Capital Partners
(Jun 27, 2018)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Collect Rx
Collect Rx offers a comprehensive portfolio of products and services, including Out-of-Network Recovery and Revenue Cycle Management. 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.
Service to recover payments on out-of-network claims for healthcare providers.
System to streamline revenue processes and improve healthcare organization finances.
Funding Insights of Collect Rx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Collect Rx
Collect Rx has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include New Capital Partners. 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 |
|---|---|---|---|---|
|
New Capital Partners is focused on building great companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Collect Rx
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Collect Rx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Collect Rx Comparisons
Competitors of Collect Rx
Collect 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 Verisk, dacadoo, Informed, Carpe Data and AInnovation, 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 |
Insurance data insight and risk analytics solutions for the insurance industry
|
|
| domain | founded_year | HQ Location |
Digital health engagement and risk quantification platforms are provided.
|
|
| domain | founded_year | HQ Location |
Cloud management services are provided for business infrastructure needs.
|
|
| domain | founded_year | HQ Location |
Predictive scoring and data monitoring solutions for insurance are provided.
|
|
| domain | founded_year | HQ Location |
AI software is developed for retail, manufacturing, and insurance sectors.
|
|
| domain | founded_year | HQ Location |
Web-based data modelling software is provided for the insurance industry.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Collect Rx
When was Collect Rx founded?
Collect Rx was founded in 2006.
Where is Collect Rx located?
Collect Rx is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.
How many employees does Collect Rx have?
As of Dec 31, 2020, the latest employee count at Collect Rx is 52.
What does Collect Rx do?
Collect Rx was founded in 2006 in Bethesda, United States, within the health insurance industry. A data management platform called CRXIS is utilized to examine insurance policies, deliver comparable datasets, and observe patterns and shifts among policyholders. Further solutions are extended for claims processing, revenue cycle oversight, claims accounting, and associated functions.
Who are the top competitors of Collect Rx?
Collect Rx's top competitors include dacadoo, Carpe Data and Verisk.
What products or services does Collect Rx offer?
Collect Rx offers Out-of-Network Recovery and Revenue Cycle Management.
Who are Collect Rx's investors?
Collect Rx has 1 investor. Key investors include New Capital Partners.