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RxAdvance

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An innovative payer and pharmacy benefit manager (PBM) platform provider

Southborough, United StatesFounded 2013Biotech & Life Sciences
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for RxAdvance and the history behind them.

About RxAdvance

RxAdvance, operating under the brand nirvanaHealth, is a cloud-native platform provider specializing in Payer and pharmacy benefit management (PBM) services. The company leverages robotic process automation (RPA) to manage integrated medical, pharmacy, and behavioral services, aiming to reduce overall administrative and medical costs while enhancing service quality. RxAdvance serves healthcare payers and PBMs, offering a comprehensive solution that combines deep healthcare domain expertise with advanced platform-building capabilities. The business model focuses on subscription-based services and transaction fees, generating revenue through long-term contracts with healthcare organizations. By automating complex processes, RxAdvance helps clients achieve operational efficiency and cost savings.

Source: Dealroom company data

At a glance

Founded
2013
Headquarters
Southborough, United States
Sector
Biotech & Life Sciences
Power Law
Colt$25–100M revenue

Latest news

Press, funding announcements and product moves mentioning RxAdvance.

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Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Centene Corporation

Series A3 investors entered at this stage

  • John Sculley
  • Oscar Salazar
  • Walter Jin
Employees mapped 317 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 18 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States51.9%
🇮🇳 India48.1%
2 countries shown
Web traffic by country
16K monthly visits
across markets
🇺🇸 United States102.5%
Top 1 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about RxAdvance on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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