RxAdvance
An innovative payer and pharmacy benefit manager (PBM) platform provider.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | $60.0m | Growth Equity VC |
| Total Funding | 000k | ||
| USD | 2018 | 2019 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 64 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
RxAdvance, operating under the brand nirvanaHealth, is a cloud-native platform provider specializing in Payer and pharmacy benefit management (PBM) services. The company leverages robotic process automation (RPA) to manage integrated medical, pharmacy, and behavioral services, aiming to reduce overall administrative and medical costs while enhancing service quality. RxAdvance serves healthcare payers and PBMs, offering a comprehensive solution that combines deep healthcare domain expertise with advanced platform-building capabilities. The business model focuses on subscription-based services and transaction fees, generating revenue through long-term contracts with healthcare organizations. By automating complex processes, RxAdvance helps clients achieve operational efficiency and cost savings.
Keywords: cloud-native, Payer, PBM, RPA, healthcare, automation, cost reduction, service quality, subscription-based, transaction fees.