Drexi

Chandler, United States Founded: 2003 • Age: 23 yrs Acquired By AMPS
Virtual wellness assistant tracking prescription for individuals and employees
Annual revenue - Latest available
Total funding $5.5M 3 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Drexi

Drexi is a company based in Chandler (United States) founded in 2003 was acquired by AMPS in January 2021. Drexi has raised $5.48 million across 3 funding rounds from investors including AMPS. Drexi operates in a competitive market with competitors including Hinge Health, Accolade, Sharecare, Betterfly and Wellhub, among others.

  • Headquarter Chandler, United States
  • Sectors
    Healthcare
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Simplesaverx Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.48 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Jan 28, 2019

  • Investors
  • Employee Count
    Not available
  • Acquired by
    AMPS

    (Jan 12, 2021)

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People of Drexi

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Brian Dye
Engineering Manager
People
David R. Kwasny, R. Ph.
Vice President and Co-Founder
People
Michael Lamhang
Director of Clinical Pharmacy Operations

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Funding Insights of Drexi

Drexi has successfully raised a total of $5.48M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in January 2019. 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.

Investors in Drexi

Drexi has secured backing from 1 investor. Prominent investors backing the company include AMPS.

All
Investor Description Founded Year Domain Location
Digital cost management solutions are provided for service providers.
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Investor details for Drexi

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Investments & Acquisitions by Drexi

Investments
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Investment portfolio details for Drexi

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Financial Statements - Drexi

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Detailed financials for Drexi

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Drexi Comparisons

Drexi Primary company
Description
Virtual wellness assistant tracking prescription for individ...
Location
Chandler, United States
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Drexi

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Drexi

Drexi 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, Accolade, Sharecare, Betterfly and Wellhub, among others.

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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Employee health benefits are facilitated via a cloud-based platform.
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Health and wellness social network for employees is provided.
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Employee health and well-being solutions are delivered through a platform.
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Cloud-based wellness programs are offered for employee health and productivity.
Locked Locked Locked
Online platform for employee health benefits
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Detailed competitors of Drexi

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Latest news on Drexi

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Complete news archive for Drexi

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Frequently Asked Questions about Drexi

Drexi was founded in 2003 and raised its 1st funding round 11 years after it was founded.

Drexi is headquartered in Chandler, United States. It is registered at Chandler, Arizona, United States.

Drexi is a funded company, having raised a total of $5.48M across 3 funding rounds to date.

Drexi was established in 2003 in Chandler, United States, within the health technology sector. A virtual wellness assistant is provided to monitor prescription adherence for individuals and employees. User medical data is tracked, and medicine prices are sourced from partnered pharmacies. Services emphasize data management and cost comparison to support wellness routines across the region.

Drexi's top competitors include Accolade, Hinge Health and Wellhub.

Drexi has 1 investor. Key investors include AMPS.

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