About RxSense
RxSense is a Healthcare company based in Boston (United States) founded in 2014 by Rick Bates. Pharmacy benefit management solutions are provided for financial oversight. RxSense has completed 1 acquisition, including FamilyWize. Its chief executive, as recorded, is Rick Bates. Its website rxsense.com draws about 242 thousand monthly visits. RxSense offers products and services including RxIQ® Enterprise, RxIQ® Business Intelligence, RxIQ® Price AI, and SingleCare®. Its focus areas include HealthTech, Healthcare Payer Tech and Pharmacy Benefit Management. Its legal entity is RxSense, LLC. Its competitors include Express Scripts, Truveris and MedImpact Healthcare Systems; 1 of its 3 listed competitors has raised funding.
Company details
RxSense was founded in 2014 and is based in Boston, United States. Operations are focused on the healthcare sector, with pharmacy benefit management as the core area. Financial solutions are delivered to pharmacies for handling vendor contracts and inventory management. Price variations across suppliers are addressed to support operational efficiency in the pharmaceutical supply chain.
- Headquarters Boston, United States
- Founders Rick Bates
- SectorsHealthcare
- Website category Finance · Accounting and Auditing
- Website rxsense.com
- Social LinkedIn X YouTube
- Legal Name Rxsense, Llc
- Investors
- Investments & Acquisitions
Products & Services of RxSense
RxSense offers a comprehensive portfolio of products and services, including RxIQ® Enterprise, RxIQ® Business Intelligence, RxIQ® Price AI, and SingleCare®.
Cloud-based tool for fast and flexible claims adjudication.
Provides dashboards for PBM financial management and performance.
Automates pricing to optimize contract guarantees for businesses.
Offers direct-to-consumer prescription savings through a network.
Apps and channels of RxSense
its YouTube channel RxSense has 43 subscribers and 19 videos.
Videos from RxSense
The most watched videos on RxSense's YouTube channel, RxSense (43 subscribers). Click a video to play it here.
More on RxSense.
Funding Insights of RxSense
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of RxSense 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 |
|---|---|---|---|---|---|
| May 2020 | Seed | – | Parthenon Capital | – |
1 investors in total: 1 institutional.
Investors in RxSense
RxSense has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Parthenon Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity fund. | parthenoncapital.com | Boston, United States |
Investor details for RxSense
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.
People of RxSense
90 people are tracked at RxSense (49 in leadership, 41 in team).
| Name | Role | Group |
|---|---|---|
Rick Bates | Founder & CEO | Leadership |
William Grossi | Senior Director, Assistant Controller | Leadership |
Jason Cobb | VP Solutions Delivery | Leadership |
Sam Brown | VP Branding, Creative Director | Leadership |
Eric Dombrowski | Director Of Pricing And Business Analytics | Leadership |
Taryn Quattrocchi | Director Of Revenue Operations | Leadership |
Anthony Dhani | Vice President, Business Intelligence | Leadership |
Tao Ye | Senior Vice President Of Engineering | Leadership |
Ramzi Yacoub | Chief Product Officer/chief Pharmacy Officer | Leadership |
Don Palmieri | COO | Leadership |
Ben Preston | Chief Transformation Officer & General Counsel | Leadership |
John Zevzavadjian | President, Enterprise Solutions | Leadership |
Gaurav Misra | President, Consumer Solutions & CMO | Leadership |
Blake Wright | Director Of Financial Planning And Analysis | Leadership |
Jessica S. | VP Of Product | Leadership |
Cj Parziale | Director Talent Acquisition | Leadership |
Deborah Solomon | VP Of Transformation Finance | Leadership |
Peter Day | Senior Vice President Of Sales | Leadership |
Shaili Gandhi | Vp, Clinical Services | Leadership |
Paul Dellorusso | General Counsel And Chief Compliance Officer | Leadership |
70 more people are available in the full profile.
Complete people profiles for RxSense
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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Investments & Acquisitions by RxSense
RxSense has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FamilyWize.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Prescription drug savings card and drug prices platform | familywize.org | Bethlehem, United States | 2005 | Dec 2018 | •••• |
Complete acquisition details for RxSense
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of RxSense
3 dated milestones of RxSense across 6 years, from founding to its latest funding, stage changes and deals.
- Founded RxSense is founded.
- Acquisition Acquires FamilyWize.
- Funding First funding round.
Competitors of RxSense
RxSense has 3 listed competitors in our database, 1 of them funded. They include Express Scripts, Truveris and MedImpact Healthcare Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| express-scripts.com | 1986 | St. Louis, United States | 16,291 | Pharmacy benefit management services are delivered through SaaS platforms. | ||
| truveris.com | 2009 | New York, United States | $68.7M | 156 | HealthTech Analytics and Validation platform | |
| medimpact.com | 1989 | San Diego, United States | 1,824 | Pharmacy benefit management solution for payers, providers and employers |
Detailed competitors of RxSense
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of RxSense
The website of RxSense (rxsense.com) receives about 242.5K visits a month and ranks #171,193 among all websites worldwide, #398 in Accounting and Auditing.
- Monthly visits242.5K
▲ 19.3% vs previous month
- Unique visitors110.5K
per month
- Global rank#171,193
among all websites
- Category rank#398
Finance · Accounting and Auditing
- Bounce rate30%
- Pages per visit4.7
- Average visit3 min 24 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with RxSense. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| walgreensbootsalliance.com | 100% | 47K | #716,379 | View details | |
securely.shopping | securely.shopping | 100% | #617,143 | – | |
| goodrx.com | 63% | 22.5M | #3,027 | View details | |
| wellrx.com | 57% | #91,702 | View details | ||
| facebook.com | 52% | 12.1B | #3 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for RxSense
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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 RxSense (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 |
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Related news about Rxsense
Complete news archive for RxSense
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about RxSense
RxSense was founded in 2014 and raised its 1st funding round 6 years after it was founded.
RxSense is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Rick Bates is the CEO of RxSense, as recorded in our data. They have also founded this company.
RxSense was founded in 2014 and is based in Boston, United States. Operations are focused on the healthcare sector, with pharmacy benefit management as the core area. Financial solutions are delivered to pharmacies for handling vendor contracts and inventory management. Price variations across suppliers are addressed to support operational efficiency in the pharmaceutical supply chain.
RxSense's top competitors include Truveris, Express Scripts and MedImpact Healthcare Systems.
RxSense offers RxIQ® Enterprise, RxIQ® Business Intelligence, RxIQ® Price AI, and SingleCare®.
RxSense has made 1 acquisition, including FamilyWize.
RxSense has 1 investor. Key investors include Parthenon Capital.
RxSense operates through Rxsense, Llc.
The website of RxSense receives about 242 thousand visits a month and ranks #171,193 among all websites worldwide.