# RxSaveCard

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rxsavecard

- Industry: Financial Services
- Headquarters: Chicago, US
- Website: www.rxsavecards.com
- Total disclosed funding: $1.7M
- Latest round: Seed (Aug 14, 2024)
- Investors on record: 1

## About

Based in Illinois, US, and founded in 2024 by CEO and co-founder Chris Crawford, RxSaveCard, Inc., a.k.a. The Rx Save Card operates as a provider of a pharmacy benefit solution that enables employers and their employees to amalgamate a range of cost containment strategies into a single, cohesive navigation and payment system. In August 2024, Rx Save Card raised USD 1.7 million in seed funding led by Distributed Ventures.

The company provides a financial solution that allows employees to pay directly for their medications at over 65,000 pharmacies, providing an alternative to traditional pharmacy benefits. Employers fund the card with a set amount each month, and unused funds roll over. When purchasing medications, the card compares cash prices from multiple discount cards to ensure the lowest cost.

The company plans to use its proceeds from August 2024 funding to scale its team and technology.

## Funding rounds

- Seed, Aug 14, 2024, $1.7M — Distributed Ventures

## Investors

- Distributed Ventures (https://capitalatlas.ai/funds/distributed-ventures) — Seed