About ProxsysRx
ProxsysRx is a company based in Birmingham (United States) founded in 2013. ProxsysRx has raised $14.57 million across 1 funding round from investors including Fulcrum Equity Partners. The company has 138 employees. ProxsysRx offers products and services including Bedside Prescription Delivery, Retail Pharmacy Outsourcing, 340B Optimization, Specialty Pharmacy Setup, and Readmission Risk Reduction. ProxsysRx operates in a competitive market with competitors including mPharma, OmniSYS, Xevant, Pharmagest and Pharmarack, among others.
- Headquarter Birmingham, United States
- Employees 138
- SectorsHealthcare
- Email••••••••
- Website proxsysrx.com
- Social LinkedIn X Facebook
- Total Equity Funding$14.57 M (USD)
in 1 rounds
- Latest Funding Round$14.57 M (USD), Series A
Nov 2020
- Investors
- Employee Count138
Products & Services of ProxsysRx
ProxsysRx offers a comprehensive portfolio of products and services, including Bedside Prescription Delivery, Retail Pharmacy Outsourcing, 340B Optimization, Specialty Pharmacy Setup, and Readmission Risk Reduction.
Delivers prescriptions directly to patients' bedsides in hospitals.
Manages outpatient retail pharmacies for hospitals at no cost.
Analyzes prescriptions to maximize 340B program returns and compliance.
Assists in establishing and managing specialty pharmacy operations.
Identifies high-risk patients to reduce hospital readmissions through data analysis.
Funding Insights of ProxsysRx
ProxsysRx has successfully raised a total of $14.57M through 1 strategic funding round. The most recent funding activity was a Series A round of $14.57 million completed in November 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 $14.6M
- Total Rounds 1
- Last Round Series A — $14.6M
- First Round $14.6M
(Nov 2020)
- Investors Count 1
All 1 funding rounds of ProxsysRx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | $14.6M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in ProxsysRx
ProxsysRx has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Fulcrum Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are managed across the United States. | – | fulcrumep.com | Atlanta, United States |
Investor details for ProxsysRx
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People of ProxsysRx
16 people are tracked at ProxsysRx (8 in leadership, 8 in team); the tracked headcount is 138.
| Name | Role | Group |
|---|---|---|
Thomas Nelson | Chief Financial Officer | Leadership |
Richard Thomas | Director Of Managed Accounts | Leadership |
Drew Holleman | Director Of Pharmacy Operations | Leadership |
George Salem | CEO | Leadership |
Sara Love | Chief Pharmacist | Leadership |
Heather Brooks | Vice President, Operations And Services | Leadership |
Clay Cooper | Director Of Insights Execution & Innovation | Leadership |
Dawn Dobersztyn | Director Of Retail Operations | Leadership |
Conner Gill | Project Manger | Team |
Daniel Roy | Site Reliability Engineer | Team |
Dylan Shadinger Pharmd | 340b Account Specialist | Team |
Cj King | Certified Pharmacy Technician | Team |
Amanda Daniel | Pharmacy Specialist | Team |
Tara Ratcliff | PRN Pharmacist | Team |
Mitchell Ames | PRN Pharmacist | Team |
Joy Smith | Pharmacist | Team |
Complete people profiles for ProxsysRx
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of ProxsysRx
2 dated milestones of ProxsysRx across 7 years, from founding to its latest funding, stage changes and deals.
- Founded ProxsysRx is founded.
- Funding First funding round of $14.6M.
Competitors of ProxsysRx
ProxsysRx 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 mPharma, OmniSYS, Xevant, Pharmagest and Pharmarack, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mpharma.com | 2013 | Accra, Ghana | $95.3M | – | Provider of pharmacy management services and software for stock management for patients and pharmacies | |
| omnisys.com | 1997 | Dallas, United States | $11.0M | 151 | Offers medical billing services for pharmacies and manages business policies and relationships. | |
| xevant.com | 2017 | Draper, United States | $17.2M | 42 | A SaaS-based platform for pharmacy benefit management is provided. | |
| pharmagest.com | 1984 | – | – | 1,000 | Pharmacy management software is developed and integrated for drugstores worldwide. | |
| pharmarack.com | 2015 | Pune, India | $8.3M | 396 | SaaS-based pharmacy management solutions are offered to retailers and distributors. | |
| scriptainsights.com | 2019 | Wellesley, United States | $17.0M | – | AI-driven pharmacy benefit management software is provided for pharmacies. | |
| rx30.com | 1977 | Orlando, United States | – | 326 | Pharmacy management software and integrated solutions are provided. | |
| karexpert.com | 2014 | Gurugram, India | $7.0M | 159 | Cloud-based software suite for healthcare providers is offered. | |
| avitapharmacy.com | 2003 | Baton Rouge, United States | – | 126 | A chain of specialty pharmacies | |
| virmedica.com | 2013 | Philadelphia, United States | – | – | Technology solutions for improving patient access to specialty pharmacy prodcuts |
Detailed competitors of ProxsysRx
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Web traffic of ProxsysRx
The website of ProxsysRx (proxsysrx.com) receives about 6.3K visits a month.
- Monthly visits6.3K
▼ 16.4% vs previous month
Websites whose visitors overlap most with ProxsysRx. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| healthcareis.com | 100% | 4.2K | #4,484,428 | View details | |
340breport.com | 340breport.com | 87% | – | #3,058,660 | – |
ravinconsultants.com | ravinconsultants.com | 79% | – | #9,164,402 | – |
qualify.health | qualify.health | 76% | – | #3,995,902 | – |
Latest news on Proxsysrx
Complete news archive for ProxsysRx
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to ProxsysRx
10 companies that operate in the same segment as ProxsysRx (Pharmacy & Healthcare Retail Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | – | |
Online community and B2B platform for pharmacy professionals is operated. | 2012 | Singapore, Singapore | USD 10 M | – | – | |
Optum is recognized as a leading health solution and care delivery organization. | 2011 | Eden Prairie, Minnesota, United States | USD 250 K | USD 383.36 M | 140 | |
Materials management and business analytics solutions for healthcare are provided. | 1992 | Mountain View, California, United States | USD 20 M | USD 1.18 B | 3,670 | |
Offers a B2B managed marketplace for pharmacies | 2019 | Bengaluru, Karnataka, India | USD 20.02 M | USD 20.23 M | 218 | |
Digital healthcare tools are offered for pharmacies and clinics management. | 2012 | Mumbai, Maharashtra, India | USD 929.11 M | USD 805.55 M | 221 | |
Prescription drugs refill management solutions | 2015 | San Francisco, California, United States | USD 105.54 M | – | 99 | |
On-demand prescription delivery is facilitated for patients through pharmacists' workflows. | 2016 | Jacksonville, United States | USD 30.64 M | – | 95 | |
Medication management systems are supplied to healthcare providers and pharmacies. | 1968 | Columbus, Ohio, United States | USD 8.3 M | – | – | |
Provider of supply chain management platform | 2009 | Columbus, Ohio, United States | USD 5.76 M | – | 55 |
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Frequently Asked Questions about ProxsysRx
ProxsysRx was founded in 2013 and raised its 1st funding round 7 years after it was founded.
ProxsysRx is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
ProxsysRx is a funded company, having raised a total of $14.57M across 1 funding round to date. The company's 1st funding round was a Series A of $14.57M, raised on Nov 2020.
ProxsysRx has 138 employees.
ProxsysRx was founded in 2013 in Birmingham, United States, within the healthcare sector. Operations focus on hospital pharmacy support through outsourcing and optimization. Services encompass bedside prescription delivery, retail pharmacy management, specialty pharmacy setup, and 340B program enhancement. Additional offerings include readmission reduction efforts, employee health savings programs, prescription payment support, and PBM alignment to address operational efficiency and patient care in hospital settings.
ProxsysRx's top competitors include mPharma, Scripta Insights and KareXpert.
ProxsysRx offers Bedside Prescription Delivery, Retail Pharmacy Outsourcing, 340B Optimization, Specialty Pharmacy Setup, and Readmission Risk Reduction.
ProxsysRx has 1 investor. Key investors include Fulcrum Equity Partners.