About Rxcentric
Rxcentric is a Healthcare company based in New York (United States) founded in 1999, and was acquired by Veradigm in July 2003. RxCentric provides of technology-enabled sales and marketing solutions for the life sciences industry. It operates in the Healthcare and Technology sectors. Rxcentric has raised $19 million across 2 funding rounds from investors including Heartwood Partners, Veradigm and inVentiv Health. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include IMS Health, Axtria and Evariant; 2 of its 3 listed competitors have raised funding.
Company details
RxCentric was founded in 1999 and is headquartered in New York, United States. Technology-enabled solutions for sales and marketing in the life sciences sector are delivered, with customized online product promotion used to extend the reach and frequency of offline activities. Clients across North America and Europe are supported, alongside an international venture with Zestica, a Europe-based life sciences consulting firm.
- Headquarters New York, United States
- Stage Acquired
- SectorsHealthcareTechnology
- Website rxcentric.com
- Acquired by Veradigm (Jul 2003)
- Total Equity Funding$19M (USD)
in 2 rounds
- Latest Funding Round$5M (USD), Series C
Jan 2002
- InvestorsHeartwood Partners
& 4 more
- Acquired byVeradigm
(Jul 2003)
Funding Insights of Rxcentric
Rxcentric has successfully raised a total of $19M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $5 million completed in January 2002. 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 $19M
- Total Rounds 2
- Last Round Series C — $5M
- First Round $14M
(Apr 2000)
- Investors Count 4
All 2 funding rounds of Rxcentric 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 |
|---|---|---|---|---|---|
| Jan 2002 | $5M | Series C | – | – | |
| Apr 2000 | $14M | Series B | – | – |
5 investors in total: 5 institutional.
Investors in Rxcentric
Rxcentric has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Heartwood Partners, Veradigm and inVentiv Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Acquisitions are targeted by this private equity firm in investments. | 1982 | heartwoodpartners.com | Norwalk, United States | |
Early stage healthcare services investments are facilitated by CHL. | chlmedical.com | Westport, United States | ||
Private equity single family office | msdcapital.com | New York, United States | ||
Contract research and commercialization services are provided to biopharmaceutical industries. | 1999 | inventivhealth.com | Burlington, United States | |
Cloud-based administrative suite solutions for healthcare organizations | 1982 | veradigm.com | Chicago, United States |
Investor details for Rxcentric
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Rxcentric
4 dated milestones of Rxcentric across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Rxcentric is founded.
- Funding First funding round of $14.0M.
- Funding Latest funding round, Series C, of $5.0M.
- Exit Acquired by Veradigm.
Competitors of Rxcentric
Rxcentric has 3 listed competitors in our database, 2 of them funded. They include IMS Health, Axtria and Evariant.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| imshealth.com | 1954 | Danbury, United States | 17,574 | SaaS and AI-based market intelligence is provided for healthcare companies. | ||
| axtria.com | 2009 | Berkeley Heights, United States | $198.74M | 749 | Data analytics and AI solutions are provided for life sciences. | |
| evariant.com | 2008 | Farmington, United States | $98.83M | 163 | Provides platform for digital marketing solutions |
Detailed competitors of Rxcentric
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Rxcentric (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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
Frequently Asked Questions about Rxcentric
Rxcentric was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Rxcentric is headquartered in New York, United States. It is registered at New York, New York, United States.
Rxcentric is a funded company, having raised a total of $19M across 2 funding rounds to date. The company's 1st funding round was a Series B of $14M, raised on Apr 2000.
RxCentric was founded in 1999 and is headquartered in New York, United States. Technology-enabled solutions for sales and marketing in the life sciences sector are delivered, with customized online product promotion used to extend the reach and frequency of offline activities. Clients across North America and Europe are supported, alongside an international venture with Zestica, a Europe-based life sciences consulting firm.
Rxcentric's top competitors include Axtria, IMS Health and Evariant.
Rxcentric has 5 investors. Key investors include Heartwood Partners, Veradigm, inVentiv Health, CHL Medical Partners, and MSD Capital.
Yes. Rxcentric was acquired by Veradigm in July 2003.