When was RxBenefits founded?

RxBenefits was founded in 1995 and became a unicorn in 2021.

Where is RxBenefits located?

RxBenefits is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama.

How many employees does RxBenefits have?

As of Mar 31, 2026, the latest employee count at RxBenefits is 983.

Is RxBenefits a HRTech company?

The primary sectors of RxBenefits are HRTech, Employee Health IT and Healthcare Payer Tech.

Where does RxBenefits rank among its competitors?

RxBenefits ranks 167th amongst 481 active competitors, of which 134 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Sword Health, which secured $40M in Jun, 2025.

Who are the top competitors of RxBenefits?

RxBenefits' top competitors include Accolade, Hinge Health and Practo. Among them, Sword Health secured the most recent funding round in June, 2025.

RxBenefits - 2026 Company Profile, Team, Funding & Competitors

RxBenefits is a funded company based in Birmingham (United States), founded in 1995. It operates as a Provider of the services and consultancy for pharmacy benefit managers. The company has 481 active competitors, including 134 funded and 71 that have exited. Its top competitors include companies like Accolade, Hinge Health and Practo.

Sectors and market segments that RxBenefits operate in

RxBenefits serves in the HealthTech market segments.The primary business model of RxBenefits are:

Company Details

RxBenefits provides the services and consultancy for pharmacy benefit procurement and administration. It provides administrative services to the pharmacy benefit manager. The company is focused on RxB 360, RxB 2020 and other benefits plans. Also, assist the patients to choose pharmacy benefits plans.

Website: www.rxbenefits.com/
Social
Email ID: *****@rxbenefits.com
Phone Number: +1 **********
Registered Address: Birmingham, Alabama

Key Metrics

Founded Year

1995

Location

Birmingham, United States

Stage

Funding Raised

Investors

Great Hill Partners & 3 more

Ranked

167^th among 481 active competitors

Employee Count

983 as on Mar 31, 2026

Investment & Acquisitions

Confidio

Similar Companies

Accolade & 600 more

View RxBenefits' full profile

RxBenefits is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RXBENEFITS, INC. CIN: 631157085 , United States, Active	Dec 31, 1999	-	1105 (As on Dec 31, 2024)	-
RXBENEFITS HEALTHCARE INDIA PRIVATE LIMITED CIN: U82990TS2024FTC180776 , India, Active	Jan 04, 2024	$1.34M (As on Mar 31, 2025)	80 (As on Aug 31, 2025)

RxBenefits is a funded company. RxBenefits has 4 institutional investors.

View details of RxBenefits's funding rounds and investors

RxBenefits' employee count trend

RxBenefits has 983 employees as of Mar 26. Here is RxBenefits's employee count trend over the years:

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Top competitors of RxBenefits include Accolade, Hinge Health and Practo. Here is the list of Top 10 competitors of RxBenefits, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Accolade 2007, Plymouth Meeting (United States), Acquired	Cloud-based platform for employee health benefits	$228M	McKesson, Andreessen Horowitz & 17 others	84/100
2nd	Hinge Health 2015, San Francisco (United States), Public	Provider of virtual physical therapy and digital pain care solutions	$854M	Coatue, Tiger Global Management & 13 others	82/100
3rd	Practo 2008, Bengaluru (India), Series D	Online platform for booking doctor appointments and consulting healthcare professionals	$228M	Peak XV Partners, Tencent & 29 others	78/100
4th	Ekincare 2015, Hyderabad (India), Series B	Provider of employee health benefits platform offering health and wellness programs	$27M	Ventureast, Eight Roads Ventures & 41 others	77/100
5th	Sword Health 2015, New York (United States), Series E	Provider of AI-powered digital physical therapy and pelvic health solutions	$450M	Khosla Ventures, General Catalyst & 36 others	75/100
6th	HealthEquity 2002, Draper (United States), Public	Employee benefits management platform for individuals and businesses	$15.3M	Berkley Capital, Napier Park Global Capital ... & 4 others	75/100
7th	Cigna 1792, Philadelphia (United States), Public	Provider of health insurance, dental plans and medicare coverage	-	JANA Partners, Tekla Capital Management & 3 others	75/100
8th	Wellhub 2012, New York City (United States), Series F	Cloud based corporate wellness program for employee health, productivity, and retention	$85M	Moore Strategic Ventures, General Atlantic ... & 21 others	74/100
9th	Express Scripts 1986, St. Louis (United States), Acquired	SaaS-based pharmacy benefit management solutions	-	Greyrock Investments, nextGENE Capital & 2 others	73/100
10th	Sharecare 2010, United States, Acquired	Provider of health and wellness social network for employees	$64M	Trinity Health, Wellington & 25 others	73/100
167th	RxBenefits 1995, Birmingham (United States), Funding Raised	Provider of the services and consultancy for pharmacy benefit managers	-	Great Hill Partners, Maranon Capital & 2 others	36/100