About FamilyWize
FamilyWize is a company based in Bethlehem (United States) founded in 2005 was acquired by RxSense in December 2018.. FamilyWize offers products and services including Prescription Discount Card and Drug Coupons. FamilyWize operates in a competitive market with competitors including GoodRx, Waltz Health, Hippo, USA Rx and ScriptSave WellRx, among others.
- Headquarter Bethlehem, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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Products & Services of FamilyWize
FamilyWize offers a comprehensive portfolio of products and services, including Prescription Discount Card and Drug Coupons. 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.
Free reusable card offering discounts on prescription drugs at pharmacies.
Coupons for up to 80% savings on generics and brand prescription medications.
Funding Insights of FamilyWize
| 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 |
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Investors in FamilyWize
FamilyWize has secured backing from 1 investor. Prominent investors backing the company include RxSense. 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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Pharmacy benefit management solutions are provided for financial oversight.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by FamilyWize
| 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 - FamilyWize
| 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 |
Familywize Comparisons
Competitors of FamilyWize
FamilyWize 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 GoodRx, Waltz Health, Hippo, USA Rx and ScriptSave WellRx, 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 |
An application is provided for comparing prescription drug prices nationwide.
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Prescription costs are managed via AI for payers and consumers.
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| domain | founded_year | HQ Location |
Prescription discount cards are offered via an online platform.
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Free discount cards for US prescription medications are provided.
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Provides pharmacy loyalty cards for discounted prescription purchases.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Familywize
Frequently Asked Questions about FamilyWize
When was FamilyWize founded?
FamilyWize was founded in 2005.
Where is FamilyWize located?
FamilyWize is headquartered in Bethlehem, United States.
What does FamilyWize do?
FamilyWize offers prescription drug savings card and drug prices platform. Provides users with a discount card which can be presented at over 60,000 pharmacies nationwide in US. The company negotiates discounts with pharmacies a large buyer and passes all the benefit to patients. User also have access to a drug price lookup app to find out the lowest price for a drug.
Who are the top competitors of FamilyWize?
FamilyWize's top competitors include GoodRx, Waltz Health and Hippo.
What products or services does FamilyWize offer?
FamilyWize offers Prescription Discount Card and Drug Coupons.
Who are FamilyWize's investors?
FamilyWize has 1 investor. Key investors include RxSense.