FundedIQ
Health Care

Capital Rx: Funding, Investors & Team (Aug 2026)

Capital Rx is a health tech firm that handles pharmacy benefit plans. They are revolutionizing how prescription drugs are priced and managed in America. Using their Clearinghouse Model, they open up the pharmacy supply chain and lower prescription expenses for employers. By creating a competitive platform for drug pricing, Capital Rx concentrates on implementing effective strategies that enhance plan effectiveness and patient results.

cap-rx.com LinkedIn New York, United States 251-500 employees
Health Care Medical Pharmaceutical
Total raised
$188M
Rounds
4
Latest
Undisclosed round
Oct 2023

Capital Rx has raised $188M across 4 funding rounds on record, the most recent an undisclosed round of $50.0M announced in Oct 2023.

That round is above the $4.7M median round size for Health Care companies tracked on FundedIQ over the last two years.

Capital Rx Company Profile and Key Stats

Total funding raised
$188M
across 4 rounds on record
Funding rounds on record
4
1 with no disclosed amount
Latest funding round
Undisclosed round
$50.0M in Oct 2023
Employees
251-500
reported band
Headquarters
New York, United States

Latest funding round on record: Oct 2023.

Capital Rx Funding Rounds

Date
Round
Amount
Undisclosed round
$50.0M
Undisclosed round
Undisclosed
Series C
$106M
Undisclosed round
$32.0M

1 of 4 rounds was announced without a disclosed amount and is excluded from the total.

Capital Rx raised $32.0M in an undisclosed round announced in Jan 2021.

1.4 years later, a Series C of $106M was announced in Jun 2022.

1.2 years later, an undisclosed round was announced in Aug 2023 with no disclosed amount.

2 months later, an undisclosed round of $50.0M was announced in Oct 2023.

Capital Rx Founders and Leadership Team

Name
Role
Contact
Joseph Alexander
Founder
Ryan Kelly
Founder
Locked
AJ Loiacono
CEO
Locked

Contact details for the Capital Rx team: 2 of 3 have an email address on file.

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Capital Rx Funding Compared to Other Health Care Startups

Segment
Companies
Median round
3,653
$4.7M
29,722
$7.5M

Capital Rx's latest round of $50.0M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.

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Capital Rx Funding FAQs

What does Capital Rx do?

Capital Rx is a health tech firm that handles pharmacy benefit plans. They are revolutionizing how prescription drugs are priced and managed in America. Using their Clearinghouse Model, they open up the pharmacy supply chain and lower prescription expenses for employers. By creating a competitive platform for drug pricing, Capital Rx concentrates on implementing effective strategies that enhance plan effectiveness and patient results.

How much funding has Capital Rx raised?

Capital Rx has raised $188M across 4 rounds on record. The most recent is an undisclosed round of $50.0M announced in Oct 2023.

When did Capital Rx last raise funding?

Capital Rx's most recent funding round on record is an undisclosed round of $50.0M, announced in Oct 2023.

Who founded Capital Rx?

FundedIQ lists Joseph Alexander (Founder), Ryan Kelly (Founder) at Capital Rx.

Who is the CEO of Capital Rx?

AJ Loiacono is listed as CEO at Capital Rx.

Where is Capital Rx headquartered?

Capital Rx is based in New York, United States.

How many employees does Capital Rx have?

Capital Rx is in the 251-500 employee band.

How does Capital Rx's funding compare to other Health Care startups?

Capital Rx's latest round of $50.0M is above the $4.7M median round size for Health Care companies on FundedIQ across 3,653 tracked companies over the last two years.

About FundedIQ's Capital Rx Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Capital Rx is left off this page rather than filled in.

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