What is BuzzRx?
Founded in 2010 as Watertree Health, BuzzRx is dedicated to enhancing community health by improving medication affordability and fostering partnerships with nonprofit organizations. The company offers a free Prescription Discount Card that provides savings of up to 80% on both brand-name and generic medications. This initiative directly supports prominent nonprofits such as Make-A-Wish®, ASPCA®, and the National Kidney Foundation®, alongside fifteen regional food banks, at no additional cost to the cardholder. To date, BuzzRx has facilitated over $1 billion in prescription savings for Americans and contributed more than $7 million to its nonprofit partners, demonstrating a strong social impact alongside its business operations.
How much funding has BuzzRx raised?
BuzzRx has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
What's next for BuzzRx?
The recent major strategic investment signals a pivotal growth phase for BuzzRx, likely enabling the company to expand its reach and deepen its impact in making medications more accessible. This enterprise-level capital infusion is expected to fuel further development of its discount card program and potentially broaden its network of nonprofit collaborations. BuzzRx is positioned to leverage this financing to solidify its market leadership and continue its mission of supporting both patient savings and charitable causes.
See full BuzzRx company page
