Zipdrug
Latest round
- Seed
Last raised
- Jul 2017
Total raised
- $2.6M
Investors
- 8
About Zipdrug
Zipdrug Inc.Founded in 2015 and headquartered in Jersey City, US, Zipdrug Inc. operates within the pharmacy benefit management sector. The company was acquired by IngenioRx in July 2020 for an undisclosed amount. Zipdrug has executed a total of 5 deals since inception, with its most recent deal occurring on July 6, 2020.Zipdrug Inc. specializes in innovative pharmacy solutions aimed at enhancing healthcare outcomes while controlling costs. Its core offerings combine clinical insights with pharmacy expertise, focusing on affordability and value for members. Key features include a comprehensive member outreach program designed to secure USD 0 copay assistance for specialty medications, in addition to prescription discounts on various generic and non-covered medications.Zipdrug Inc. operates under a revenue model that relies on partnerships and direct service agreements with health plans and employers. Revenue is generated through structured agreements encompassing various pharmacy care services, utilizing fee-for-service arrangements or subscription-based models.Zipdrug Inc. aims to expand its product offerings and enhance its market presence in the coming years.80 mn, the company plans to invest in developing new pharmacy solutions and growing its outreach programs. Specific targeted markets for expansion include underserved regions within the United States, with plans to establish a presence there by 2023. The acquisition by IngenioRx positions Zipdrug for strategic growth and access to broader resources for these initiatives.
Who invested in Zipdrug
8 investors across 3 rounds
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Questions about Zipdrug
Who invested in Zipdrug?
Zipdrug has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Zipdrug raised?
Zipdrug has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Zipdrug last raise money?
Zipdrug's most recent round on record is a Seed, in Jul 2017.
What does Zipdrug do?
Zipdrug is a healthcare it company.
Where is Zipdrug headquartered?
Zipdrug is headquartered in Jersey City, US.
Which VCs invest in companies like Zipdrug?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Zipdrug's stage. Their profiles are linked below.
VCs backing healthcare it startups at Seed
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