OptimizeRx

Rochester, United States Founded: 2006 • Age: 20 yrs
Cloud-based platform enables hospital point-of-care communication management.
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About OptimizeRx

OptimizeRx is a company based in Rochester (United States) founded in 2006.. The company has 129 employees as of December 31, 2024. OptimizeRx has completed 3 acquisitions, including CareSpeak, Medicx Health and RMDY Health. OptimizeRx offers products and services including HCP Marketing, DTC Marketing, Omnichannel Marketing, and Dynamic Audience Activation Platform. OptimizeRx operates in a competitive market with competitors including Vocera, Spok, HealthCrowd, Paubox and TelMedIQ, among others.

  • Headquarter Rochester, United States
  • Employees 129 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Optimizerx Corporation
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $92.13 M
    28.81
    as on Dec 31, 2024
  • Net Profit
    $-20.11 M
    -14.48
    as on Dec 31, 2024
  • EBITDA
    $2.38 M
    122
    as on Dec 31, 2024
  • Latest Funding Round
    $21.04 M (USD), Post-IPO

    Dec 18, 2018

  • Investors
  • Employee Count
    129

    as on Dec 31, 2024

  • Investments & Acquisitions
    CareSpeak

    & 2 more

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IPO & Listings of OptimizeRx

OptimizeRx is a publicly listed company on the NASDAQ with ticker symbol OPRX in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: OPRX . Sector: Technology services · USA

Products & Services of OptimizeRx

OptimizeRx offers a comprehensive portfolio of products and services, including HCP Marketing, DTC Marketing, Omnichannel Marketing, and Dynamic Audience Activation Platform. 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.

Primary

Engages healthcare professionals with predictive omnichannel targeting.

Reaches patients through compliant and regulated channels.

Drives brand conversion across multiple audience channels.

Innovates marketing with predictive intelligence for better execution.

People of OptimizeRx
Headcount 50-200
Employee Profiles 42
Board Members and Advisors 5
Employee Profiles
People
Cheryl Baumann
Vice President, Sales
People
Edward Stelmakh
CFO & COO
People
Steve Silvestro
Chieff Commercial Officer
People
Ariagne Veronelli Aaronson
Senior Director, Commercial Analytics

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Board Members and Advisors
people
Gus D. Halas
Chairman
people
Lynn O'Connor Vos
Director

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Funding Insights of OptimizeRx

  • Total Funding
  • Total Rounds 6
  • Last Round Post-IPO — $21.0M
  • First Round

    (08 Sep 2008)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Post-IPO - OptimizeRx Valuation

investors

May, 2018 Amount Post-IPO - OptimizeRx Valuation

investors

Jun, 2010 Amount Post-IPO - OptimizeRx Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by OptimizeRx

OptimizeRx has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CareSpeak, Medicx Health and RMDY Health. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
HIPAA-compliant text reminders for medication adherence are delivered.
2006
Healthcare marketing solutions and services are provided for professionals.
2006
A development platform for healthcare digital solutions is provided.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - OptimizeRx

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Optimizerx Comparisons

Employees
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Competitors of OptimizeRx

OptimizeRx 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 Vocera, Spok, HealthCrowd, Paubox and TelMedIQ, 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
domain founded_year HQ Location
Cloud-based messaging and workflow solutions are delivered for healthcare providers.
domain founded_year HQ Location
Secure messaging and clinical alerting solutions are provided for healthcare.
domain founded_year HQ Location
AI and cloud-based platform is provided for healthcare provider communications.
domain founded_year HQ Location
Cloud-based email encryption solutions are provided for healthcare providers.
domain founded_year HQ Location
HIPAA-compliant secure messaging is delivered for healthcare communications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Optimizerx

Frequently Asked Questions about OptimizeRx

When was OptimizeRx founded?

OptimizeRx was founded in 2006 and raised its 1st funding round 2 years after it was founded.

Where is OptimizeRx located?

OptimizeRx is headquartered in Rochester, United States.

Who is the current CEO of OptimizeRx?

William Febbo is the current CEO of OptimizeRx.

How many employees does OptimizeRx have?

As of Dec 31, 2024, the latest employee count at OptimizeRx is 129.

What is the annual revenue of OptimizeRx?

Annual revenue of OptimizeRx is $92.13M as on Dec 31, 2024.

What does OptimizeRx do?

OptimizeRx was founded in 2006 and is headquartered in Rochester, United States. A cloud-based digital communication platform is operated by the company within the healthcare technology sector. Connections between providers, other healthcare professionals, medical services, and patient engagement tools are facilitated. Communication systems for staff and providers are supported across point-of-care environments, including retail pharmacy operations.

Who are the top competitors of OptimizeRx?

OptimizeRx's top competitors include Vocera, HealthCrowd and Spok.

What products or services does OptimizeRx offer?

OptimizeRx offers HCP Marketing, DTC Marketing, Omnichannel Marketing, and Dynamic Audience Activation Platform.

Is OptimizeRx publicly traded?

Yes, OptimizeRx is publicly traded on NASDAQ under the ticker symbol OPRX.

How many acquisitions has OptimizeRx made?

OptimizeRx has made 3 acquisitions, including CareSpeak, Medicx Health, and RMDY Health.

What is OptimizeRx's ticker symbol?

The ticker symbol of OptimizeRx is OPRX on NASDAQ.

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