About TRxADE Health
TRxADE Health is a company based in Lutz (United States) founded in 2005 by Prashant Patel. It operates as a Marketplace, and SaaS. The company has 33 employees as of December 31, 2023. TRxADE Health has completed 2 acquisitions, including Superlatus and The Urgent Company. TRxADE Health offers products and services including Integra Pharma Solutions and Data Analytics. TRxADE Health operates in a competitive market with competitors including Covera Health, CorEvitas, Socially Determined, Kythera Labs and Third Wave Recovery Systems, among others.
- Headquarter Lutz, United States
- Employees 33 as on 31 Dec, 2023
- Founders Prashant Patel
- Stage Public
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Sectors
TechnologyHealthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Trxade Health, Inc.
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Annual Revenue
$11.4 M0as on Dec 31, 2022
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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
33
as on Dec 31, 2023
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Investments & Acquisitions
Superlatus
& 1 more
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Products & Services of TRxADE Health
TRxADE Health offers a comprehensive portfolio of products and services, including Integra Pharma Solutions and Data Analytics. 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.
Platform connecting pharmaceutical buyers and sellers for efficient transactions
Provides market intelligence to optimize pharmaceutical supply chain operations
Funding Insights of TRxADE Health
| 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 |
Investments & Acquisitions by TRxADE Health
TRxADE Health has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Superlatus and The Urgent Company. 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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Plant-based meat alternatives are provided via a food marketplace platform.
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2022 | ||||
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Brand of vegan ice cream
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2020 |
| 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 - TRxADE Health
| 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 |
Trxade Health Comparisons
Competitors of TRxADE Health
TRxADE Health 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 Covera Health, CorEvitas, Socially Determined, Kythera Labs and Third Wave Recovery Systems, 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 |
Data analytics services for healthcare are provided by Covera Health.
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| domain | founded_year | HQ Location |
Market strategy, medical affairs, and data analytics services are provided.
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| domain | founded_year | HQ Location |
Provider of consulting services for healthcare companies.
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| domain | founded_year | HQ Location |
Data management and analytics platforms are supplied for healthcare sectors.
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| domain | founded_year | HQ Location |
Pharmaceutical rebate analysis and data management services are provided.
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| domain | founded_year | HQ Location |
Healthcare data analytics services are provided to clients.
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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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| domain | founded_year | HQ Location |
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 Trxade Health
Frequently Asked Questions about TRxADE Health
When was TRxADE Health founded?
TRxADE Health was founded in 2005.
Where is TRxADE Health located?
TRxADE Health is headquartered in Lutz, United States. It is registered at Lutz, Florida, United States.
How many employees does TRxADE Health have?
As of Dec 31, 2023, the latest employee count at TRxADE Health is 33.
What is the annual revenue of TRxADE Health?
Annual revenue of TRxADE Health is $11.4M as on Dec 31, 2022.
What does TRxADE Health do?
TRxADE Health, Inc. is a health services IT company that focuses on digitalizing the retail pharmacy experience in the United States. It optimizes drug procurement, the prescription journey, and patient engagement by fostering price transparency and enhancing supply chain efficiency. The company connects pharmaceutical buyers and sellers, provides proprietary data analytics for market intelligence, and offers virtual wholesaling solutions. Based in Land O Lakes, Florida, it serves thousands of members nationwide, including pharmacies and healthcare professionals, to reduce costs and improve efficiency.
Who are the top competitors of TRxADE Health?
TRxADE Health's top competitors include Covera Health, Agathos and Socially Determined.
What products or services does TRxADE Health offer?
TRxADE Health offers Integra Pharma Solutions and Data Analytics.
How many acquisitions has TRxADE Health made?
TRxADE Health has made 2 acquisitions, including Superlatus, and The Urgent Company.