About MeridianRx
MeridianRx was established in 2010 in Detroit, United States, as a pharmacy benefit manager within the healthcare sector. Prescription drug programs are managed for employers, health plans, and government entities. Core operations encompass claims adjudication, formulary development, pharmacy network contracting, and utilization management. Services are delivered across the United States, supporting cost containment and access to medications.
- Headquarter Detroit, United States
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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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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Employee Count
Employee Count
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Acquired by
WellCare Health Plans
(May 29, 2018)
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Funding Insights of MeridianRx
| 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 |
Investors in MeridianRx
MeridianRx has secured backing from 1 investor. Prominent investors backing the company include WellCare Health Plans. 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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Government-sponsored health care coverage to consumers
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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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Founded Year | Domain | Location | |
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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 MeridianRx
| 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 - MeridianRx
| 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 |
Meridianrx Comparisons
Competitors of MeridianRx
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 MeridianRx
When was MeridianRx founded?
MeridianRx was founded in 2010.
Where is MeridianRx located?
MeridianRx is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
What does MeridianRx do?
MeridianRx was established in 2010 in Detroit, United States, as a pharmacy benefit manager within the healthcare sector. Prescription drug programs are managed for employers, health plans, and government entities. Core operations encompass claims adjudication, formulary development, pharmacy network contracting, and utilization management. Services are delivered across the United States, supporting cost containment and access to medications.
Who are MeridianRx's investors?
MeridianRx has 1 investor. Key investors include WellCare Health Plans.
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