About RxAll
RxAll is a company based in New Haven (United States) founded in 2015 by Adebayo Alonge and Ankur Kapadia.. RxAll has raised $5.35 million across 5 funding rounds from investors including Katapult, Launch Africa and HAX. RxAll offers products and services including RxScanner, RxDelivered, RxPay, and RxPOS. RxAll operates in a competitive market with competitors including TruTag Technologies, Meditect, Sproxil, PharmaSecure and InfraTrac, among others.
- Headquarter New Haven, United States
- Founders Adebayo Alonge, Ankur Kapadia
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Rxall, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.35 M (USD)
in 5 rounds
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Latest Funding Round
$3.15 M (USD), Seed
Jul 20, 2021
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Investors
Katapult
& 3 more
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Employee Count
Employee Count
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Products & Services of RxAll
RxAll offers a comprehensive portfolio of products and services, including RxScanner, RxDelivered, RxPay, and RxPOS. 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.
AI device for authenticating drug quality in real-time.
Secure platform connecting buyers and sellers of verified medicines.
Funding solution to prevent stock-outs for pharmacies and wholesalers.
Software for automating sales, inventory, and payments in pharmacies.
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Funding Insights of RxAll
RxAll has successfully raised a total of $5.35M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $3.15 million completed in July 2021. 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 5
- Last Round Seed — $3.1M
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First Round
First Round
(31 Jan 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - RxAll | Valuation | Launch Africa | |
| Jun, 2021 | Amount | Seed - RxAll | Valuation |
investors |
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| Jun, 2019 | Amount | Seed - RxAll | Valuation | HAX |
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| 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 RxAll
RxAll has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Katapult, Launch Africa and HAX. 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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Venture capital fund focused on tech companies
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Founded Year | Domain | Location | |
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Startups are accelerated via a 111-day program with seed funding.
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Founded Year | Domain | Location | |
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Investment consulting services are provided to guide client portfolios.
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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 RxAll
| 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 - RxAll
| 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 |
Rxall Comparisons
Competitors of RxAll
RxAll 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 TruTag Technologies, Meditect, Sproxil, PharmaSecure and InfraTrac, 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 |
Anti-counterfeiting solutions are offered via microscopic edible barcodes for authentication.
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| domain | founded_year | HQ Location |
Falsified medicines are tracked via AI and blockchain software.
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| domain | founded_year | HQ Location |
Mobile technology is deployed to authenticate products against counterfeits.
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| domain | founded_year | HQ Location |
Medication authenticity is verified through SMS by PharmaSecure.
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| domain | founded_year | HQ Location |
Chemical code tagging solutions are used for counterfeit detection.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Rxall
Frequently Asked Questions about RxAll
When was RxAll founded?
RxAll was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is RxAll located?
RxAll is headquartered in New Haven, United States. It is registered at New Haven, Connecticut, United States.
Who is the current CEO of RxAll?
Adebayo Alonge is the current CEO of RxAll. They have also founded this company.
Is RxAll a funded company?
RxAll is a funded company, having raised a total of $5.35M across 5 funding rounds to date.
What does RxAll do?
RxAll was founded in 2015 in New Haven, United States, within the health technology sector. An AI-based platform is utilized to enable real-time authentication of medicines through spectrometer devices. Deep learning algorithms are applied alongside a cloud dataset of spectral signatures to perform non-destructive verification. Operations include a digital procurement system that allows hospitals and retail pharmacies to source authentic stock from verified pharmaceutical manufacturers and wholesalers.
Who are the top competitors of RxAll?
RxAll's top competitors include TruTag Technologies, Meditect and PharmaSecure.
What products or services does RxAll offer?
RxAll offers RxScanner, RxDelivered, RxPay, and RxPOS.
Who are RxAll's investors?
RxAll has 4 investors. Key investors include Katapult, Launch Africa, HAX, and Keisuke Honda.