About CVS Caremark
CVS Caremark is a company based in Woonsocket (United States) founded in 1963.. The company has 300,000 employees as of December 31, 2023. CVS Caremark has completed 1 acquisition, including Coram. CVS Caremark operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Betterfly, among others.
- Headquarter Woonsocket, United States
- Employees 300000 as on 31 Dec, 2023
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Sectors
TechnologyHealthcare
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Phone
*********
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Website
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- Legal Name Cvs Health Corp
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
300000
as on Dec 31, 2023
- Investments & Acquisitions
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Funding Insights of CVS Caremark
| 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 |
investors |
Investments & Acquisitions by CVS Caremark
CVS Caremark has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Coram. 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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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Home infusion care services are provided nationwide.
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1988 |
| 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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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CVS Caremark
| 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 |
Cvs Caremark Comparisons
Competitors of CVS Caremark
CVS Caremark 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 Hinge Health, Practo, Accolade, Sharecare and Betterfly, 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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Virtual physical therapy and digital pain care solutions are provided.
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| domain | founded_year | HQ Location |
Doctor appointments are booked and healthcare professionals are consulted online.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Health and wellness social network for employees is provided.
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| domain | founded_year | HQ Location |
Employee health and well-being solutions are delivered through a platform.
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| domain | founded_year | HQ Location |
Cloud-based wellness programs are offered for employee health and productivity.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Cvs Caremark
Frequently Asked Questions about CVS Caremark
When was CVS Caremark founded?
CVS Caremark was founded in 1963.
Where is CVS Caremark located?
CVS Caremark is headquartered in Woonsocket, United States. It is registered at Woonsocket, Rhode Island, United States.
How many employees does CVS Caremark have?
As of Dec 31, 2023, the latest employee count at CVS Caremark is 300,000.
What does CVS Caremark do?
CVS Caremark was established in 1963 in Woonsocket, United States, within the healthcare sector. Pharmacy benefit management and related services are operated across the country, supporting prescription drug distribution and patient care. In 2014, annual revenues reached 126.76 billion, alongside a net profit of 4.59 billion. The companys domain, cvscaremark.com, facilitates these operations in the pharmaceutical industry.
Who are the top competitors of CVS Caremark?
CVS Caremark's top competitors include Accolade, Hinge Health and Wellhub.
How many acquisitions has CVS Caremark made?
CVS Caremark has made 1 acquisition, including Coram.