About Elevate340B
Elevate340B is a company based in Draper (United States) founded in 2016 was acquired by SpendMend in August 2020.. Elevate340B operates in a competitive market with competitors including Wellpartner, Pharmaceutical Strategies Group, Equiscript, PharMedQuest and doc&i, among others.
- Headquarter Draper, United States
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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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Funding Insights of Elevate340B
| 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 |
Investors in Elevate340B
Elevate340B has secured backing from 1 investor. Prominent investors backing the company include SpendMend. 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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Audit recovery and transaction management solutions are provided for businesses.
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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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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 Elevate340B
| 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 - Elevate340B
| 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 |
Elevate340b Comparisons
Competitors of Elevate340B
Elevate340B 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 Wellpartner, Pharmaceutical Strategies Group, Equiscript, PharMedQuest and doc&i, 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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| domain | founded_year | HQ Location |
340B contract pharmacy programs and management services are provided.
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| domain | founded_year | HQ Location |
Pharmacy intelligence platform and clinical consulting services are provided.
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| domain | founded_year | HQ Location |
Provider of pharmacy management services
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| domain | founded_year | HQ Location |
Medical benefit management for specialty healthcare is developed.
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Cloud-based prescription transparency software
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| domain | founded_year | HQ Location |
Delivers tools for managing 340B programs in pharmacies.
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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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Frequently Asked Questions about Elevate340B
When was Elevate340B founded?
Elevate340B was founded in 2016.
Where is Elevate340B located?
Elevate340B is headquartered in Draper, United States. It is registered at Draper, Utah, United States.
What does Elevate340B do?
Elevate340B was founded in 2016 and is based in Draper, United States. Operations focus on the healthcare sector, specifically pharmacy compliance with the 340B program. Services encompass daily administration optimization, compliance management, strategic growth strategies, recovery audits, tax analysis, and contract oversight. These offerings support pharmacies in navigating regulatory requirements efficiently.
Who are the top competitors of Elevate340B?
Elevate340B's top competitors include Pharmaceutical Strategies Group, Wellpartner and PharMedQuest.
Who are Elevate340B's investors?
Elevate340B has 1 investor. Key investors include SpendMend.
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