About SRX
SRX is a company based in Valley Stream (United States) founded in 2019 was acquired by Third Wave Recovery Systems in September 2022. It operates as a SaaS (Software-as-a-Service), Managed Services, and HealthTech. SRX offers products and services including Pharmacy Management, Rebates Management, Employee Rx Benefits, and Managed Care Solution. SRX operates in a competitive market with competitors including Conta Simples, AppZen, Brightflag, Mendel and FlexM, among others.
- Headquarter Valley Stream, United States
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Sectors
HealthcareTechnology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
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Acquired by
Third Wave Recovery Systems
(Sep 14, 2022)
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Products & Services of SRX
SRX offers a comprehensive portfolio of products and services, including Pharmacy Management, Rebates Management, Employee Rx Benefits, and Managed Care Solution. 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.
Software for managing pharmacy costs in LTC facilities.
Tool for maximizing drug rebates in LTC facilities.
Solution for managing employee prescription benefits costs.
System for identifying exclusions in managed care plans.
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Funding Insights of SRX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 SRX
SRX has secured backing from 1 investor. Prominent investors backing the company include Third Wave Recovery Systems. 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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Pharmaceutical rebate analysis and data management services are provided.
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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 SRX
| 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 - SRX
| 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 |
Srx Comparisons
Competitors of SRX
SRX 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 Conta Simples, AppZen, Brightflag, Mendel and FlexM, 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 |
Digital bank for businesses
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| domain | founded_year | HQ Location |
Personal Assistant for Expense Management
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| domain | founded_year | HQ Location |
AI-based legal spend management software is offered for corporate lawyers.
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| domain | founded_year | HQ Location |
Expense analysis and management solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Expense management and bill payment solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Construction professionals are matched with projects via an online marketplace.
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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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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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Frequently Asked Questions about SRX
When was SRX founded?
SRX was founded in 2019.
Where is SRX located?
SRX is headquartered in Valley Stream, United States. It is registered at Valley Stream, New York, United States.
What does SRX do?
SRX is dedicated to providing drug cost management solutions for long-term care and skilled nursing facilities. Services are offered in pharmacy management, rebates, managed care, and employee prescription benefits. Proprietary technology is combined with expert advisory to maximize savings through negotiated contracts and drug utilization reviews. The software is integrated with existing systems to provide real-time data, enabling administrators to control costs effectively. Solutions are customized to meet the unique needs of each facility, ensuring financial security in a critical cost center.
Who are the top competitors of SRX?
SRX's top competitors include Conta Simples, Brightflag and AppZen.
What products or services does SRX offer?
SRX offers Pharmacy Management, Rebates Management, Employee Rx Benefits, and Managed Care Solution.
Who are SRX's investors?
SRX has 1 investor. Key investors include Third Wave Recovery Systems.
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