Aspen RxHealth

InternetSeries BTampa, USaspenrxhealth.com

Latest round

Series B

Last raised

Jan 2021

Total raised

$32M

Investors

6

About Aspen RxHealth

Aspen RxHealth, founded in 2018, is headquartered in Tampa, US. The company focuses on providing clinical pharmacy services through its BeWell platform. Wuhong Li is one of the founders, while David Medvedeff serves as the CEO.Aspen RxHealth specializes in transforming clinical pharmacy services through its flagship offering, the BeWell platform. This flexible, web-based solution enables healthcare organizations to deliver a range of CMS-compliant clinical services, including Medication Therapy Management (MTM), Medication Adherence Programs, Chronic Disease Management, and Medication Reconciliation. By leveraging a nationwide network of licensed pharmacists, Aspen RxHealth aims to improve medication management, enhance patient outcomes, and reduce healthcare costs. The platform is designed to facilitate high-quality consultations at scale, making it suitable for health plans looking to optimize their clinical services.Aspen RxHealth generates revenue by providing its BeWell platform as a service to healthcare organizations, which can either utilize their network of pharmacists or deploy their in-house care teams. The company’s transaction structure operates on a subscription model, where health plans pay for access to the platform and the associated clinical services. This includes pricing that reflects the volume of consultations or the scale at which services are deployed. The revenue model emphasizes B2B transactions, focusing on partnerships with health plans that seek to enhance their clinical offerings. The company is exploring new product features tailored for specific clinical needs, which are expected to launch by mid-2022. Additionally, Aspen RxHealth aims to expand its services into new markets across the United States, targeting regions with identified gaps in clinical pharmacy services by the end of 2023.

Who invested in Aspen RxHealth

6 investors across 2 rounds

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Funding rounds

  1. Series B

    Jan 7, 2021

    Amount

    $23M

    Investors

    Locked

  2. Series A

    Dec 12, 2018

    Amount

    $9M

    Investors

    Locked

Questions about Aspen RxHealth

Who invested in Aspen RxHealth?

Aspen RxHealth has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Aspen RxHealth raised?

Aspen RxHealth has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Aspen RxHealth last raise money?

Aspen RxHealth's most recent round on record is a Series B, in Jan 2021.

What does Aspen RxHealth do?

Aspen RxHealth, founded in 2018, is headquartered in Tampa, US.

Where is Aspen RxHealth headquartered?

Aspen RxHealth is headquartered in Tampa, US.

Which VCs invest in companies like Aspen RxHealth?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Aspen RxHealth's stage. Their profiles are linked below.

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