About RxBenefits
RxBenefits is a company based in Birmingham (United States) founded in 1995.. The company has 635 employees as of December 31, 2021. RxBenefits has completed 1 acquisition, including Confidio. RxBenefits operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Betterfly, among others.
- Headquarter Birmingham, United States
- Employees 635 as on 31 Dec, 2021
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Sectors
TechnologyHealthcare
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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 Rxbenefits, Inc.
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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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Investors
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Employee Count
635
as on Dec 31, 2021
- Investments & Acquisitions
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Leadership Team
96 people
Account Team
34 people
Software Development Team
32 people
Sales and Marketing
27 people
Senior Team
25 people
Data Analysis and Operations Team
17 people
Manager Team
17 people
Finance and Accounting
14 people
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Funding Insights of RxBenefits
| 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 |
Investments & Acquisitions by RxBenefits
RxBenefits has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Confidio. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Data analytics platform for pharmacy benefits management is offered.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - RxBenefits
| 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 |
Rxbenefits Comparisons
Competitors of RxBenefits
RxBenefits 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 Hinge Health, Practo, Accolade, Sharecare and Betterfly, 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 |
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| domain | founded_year | HQ Location |
Virtual physical therapy and digital pain care solutions are provided.
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Doctor appointments are booked and healthcare professionals are consulted online.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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Health and wellness social network for employees is provided.
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Employee health and well-being solutions are delivered through a platform.
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| domain | founded_year | HQ Location |
Cloud-based wellness programs are offered for employee health and productivity.
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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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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 Rxbenefits
Frequently Asked Questions about RxBenefits
When was RxBenefits founded?
RxBenefits was founded in 1995.
Where is RxBenefits located?
RxBenefits is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Who is the current CEO of RxBenefits?
Wendy Barnes is the current CEO of RxBenefits.
How many employees does RxBenefits have?
As of Dec 31, 2021, the latest employee count at RxBenefits is 635.
What does RxBenefits do?
RxBenefits was founded in 1995 in Birmingham, United States, within the healthcare sector. Administrative services and consultancy are offered to pharmacy benefit managers for procurement and administration. Emphasis is placed on plans such as RxB 360 and RxB 2020, along with other benefits options. Support is extended to patients in selecting suitable pharmacy benefits plans. Operations center on pharmacy benefit management across the United States.
Who are the top competitors of RxBenefits?
RxBenefits's top competitors include Accolade, Hinge Health and Wellhub.
How many acquisitions has RxBenefits made?
RxBenefits has made 1 acquisition, including Confidio.
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