SkySail Rx

Beachwood, United States Founded: 2015 • Age: 11 yrs Acquired By Milliman
Provider of revenue management tool for pharmacies
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About SkySail Rx

SkySail Rx is a company based in Beachwood (United States) founded in 2015 by Trey Smith and Kathryn Medina was acquired by Milliman in September 2021.. SkySail Rx offers products and services including Milliman SkySail and MyRxConsultant. SkySail Rx operates in a competitive market with competitors including Revitas, Proffer, SRX, Tacitapp and AbsoluteAR, among others.

  • Headquarter Beachwood, United States
  • Founders Trey Smith, Kathryn Medina
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Milliman, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Milliman

    (Sep 07, 2021)

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Products & Services of SkySail Rx

SkySail Rx offers a comprehensive portfolio of products and services, including Milliman SkySail and MyRxConsultant. 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.

Primary

Processes pharmacy claims to provide insights and reduce costs.

Compares drug discount rates with real-time analytics.

Funding Insights of SkySail Rx

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SkySail Rx

SkySail Rx has secured backing from 1 investor. Prominent investors backing the company include Milliman. 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.

All
Investor Description Founded Year Domain Location
Milliman is engaged in actuarial consulting and analytics solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SkySail Rx

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SkySail Rx

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Skysail Rx Comparisons

Employees
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Competitors of SkySail Rx

SkySail Rx 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 Revitas, Proffer, SRX, Tacitapp and AbsoluteAR, 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
Revenue management software is provided for pharma and life sciences.
domain founded_year HQ Location
Price management platform for pharmaceutical retail is provided.
domain founded_year HQ Location
Software for controlling pharmacy expenditures is provided by SRX.
domain founded_year HQ Location
Delivers solutions for effective pharmacy revenue management.
domain founded_year HQ Location
Provides comprehensive software solutions for revenue cycle and finance management.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Skysail Rx

Frequently Asked Questions about SkySail Rx

When was SkySail Rx founded?

SkySail Rx was founded in 2015.

Where is SkySail Rx located?

SkySail Rx is headquartered in Beachwood, United States. It is registered at Beachwood, Ohio, United States.

What does SkySail Rx do?

SkySail Rx was founded in 2015 in Beachwood, United States, as a provider of revenue management tools tailored for pharmacies. Real-time data on medicine costs is delivered through the software, which supports financial procedures and operational efficiency in the healthcare sector. Services focus on aiding pharmacies with pricing analysis and revenue optimization, based in the United States.

Who are the top competitors of SkySail Rx?

SkySail Rx's top competitors include Proffer, SRX and Revitas.

What products or services does SkySail Rx offer?

SkySail Rx offers Milliman SkySail and MyRxConsultant.

Who are SkySail Rx's investors?

SkySail Rx has 1 investor. Key investors include Milliman.

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