About Prescryptive Health
Prescryptive Health is a company based in Redmond (United States) founded in 2017 by Kevin Young and Chris Blackley.. Prescryptive Health has raised $26 million across 2 funding rounds from investors including 5Y Capital, SeaChange Fund and Pallasite Ventures. The company has 49 employees as of December 31, 2021. Prescryptive Health has completed 1 acquisition, including Northwest Pharmacy Services. Prescryptive Health offers products and services including myPrescryptive Platform, AI-Optimized Pricing Tool, and emPBM Service. Prescryptive Health operates in a competitive market with competitors including Express Scripts, Truveris, MedImpact Healthcare Systems, Waltz Health and RxBenefits, among others.
- Headquarter Redmond, United States
- Employees 49 as on 31 Dec, 2021
- Founders Kevin Young, Chris Blackley
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Prescryptive Health, Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$26 M (USD)
in 2 rounds
-
Latest Funding Round
$26 M (USD), Series B
Aug 25, 2020
-
Investors
5Y Capital
& 3 more
-
Employee Count
49
as on Dec 31, 2021
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Prescryptive Health
Prescryptive Health offers a comprehensive portfolio of products and services, including myPrescryptive Platform, AI-Optimized Pricing Tool, and emPBM Service. 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.
Platform for real-time prescription alerts and patient decision support.
Tool for pharmacies to set competitive cash pricing and improve profitability.
Service empowering employers with transparent prescription benefits management.
Unlock access to complete
Funding Insights of Prescryptive Health
Prescryptive Health has successfully raised a total of $26M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $26 million completed in August 2020. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $26.0M
-
First Round
First Round
(22 Apr 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series B - Prescryptive Health | Valuation | 5Y Capital | |
| Apr, 2019 | Amount | Grant - Prescryptive Health | 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 |
Investors in Prescryptive Health
Prescryptive Health has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include 5Y Capital, SeaChange Fund and Pallasite Ventures. 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 |
|---|---|---|---|---|
|
A venture capital firm focused on technology and innovation investments.
|
Founded Year | Domain | Location | |
|
Early-stage sector agnostic VC firm investing primarily in the US and Canada
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Prescryptive Health
Prescryptive Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Northwest Pharmacy Services. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Independent pharmacy benefit management services are provided.
|
1985 |
| 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 - Prescryptive Health
| 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 |
Prescryptive Health Comparisons
Competitors of Prescryptive Health
Prescryptive Health 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 Express Scripts, Truveris, MedImpact Healthcare Systems, Waltz Health and RxBenefits, 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 |
Pharmacy benefit management services are delivered through SaaS platforms.
|
|
| domain | founded_year | HQ Location |
HealthTech Analytics and Validation platform
|
|
| domain | founded_year | HQ Location |
Pharmacy benefit management solution for payers, providers and employers
|
|
| domain | founded_year | HQ Location |
Prescription costs are managed via AI for payers and consumers.
|
|
| domain | founded_year | HQ Location |
Services and consultancy for pharmacy benefit management are provided.
|
| 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 Prescryptive Health
Frequently Asked Questions about Prescryptive Health
When was Prescryptive Health founded?
Prescryptive Health was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Prescryptive Health located?
Prescryptive Health is headquartered in Redmond, United States. It is registered at Redmond, Washington, United States.
Who is the current CEO of Prescryptive Health?
Chris Blackley is the current CEO of Prescryptive Health. They have also founded this company.
Is Prescryptive Health a funded company?
Prescryptive Health is a funded company, having raised a total of $26M across 2 funding rounds to date. The company's 1st funding round was a Grant of $50K, raised on Apr 22, 2019.
How many employees does Prescryptive Health have?
As of Dec 31, 2021, the latest employee count at Prescryptive Health is 49.
What does Prescryptive Health do?
Prescryptive Health was founded in 2017 in Redmond, United States, within the healthcare sector focused on pharmacy benefits. A platform is developed to analyze pharmacy workflows and customize portals according to member needs and market conditions. Features such as pharmacy manuals, standard medication plans, formulary drug lists, prescription management, and prior authorization tools are included to support professionals in medication prescribing.
Who are the top competitors of Prescryptive Health?
Prescryptive Health's top competitors include Truveris, Express Scripts and MedImpact Healthcare Systems.
What products or services does Prescryptive Health offer?
Prescryptive Health offers myPrescryptive Platform, AI-Optimized Pricing Tool, and emPBM Service.
How many acquisitions has Prescryptive Health made?
Prescryptive Health has made 1 acquisition, including Northwest Pharmacy Services.
Who are Prescryptive Health's investors?
Prescryptive Health has 4 investors. Key investors include 5Y Capital, SeaChange Fund, Pallasite Ventures, and unknown.