What is BuzzRx?
Founded in 2010 as Watertree Health, BuzzRx is dedicated to improving public health by increasing the affordability of medications and fostering partnerships with aligned nonprofit organizations. The company's flagship offering, a free Prescription Discount Card, provides substantial savings of up to 80% on both brand-name and generic prescriptions. Crucially, each use of the card directs support to prominent nonprofits such as Make-A-Wish®, the ASPCA®, the National Kidney Foundation®, and fifteen regional food banks, at no additional cost to the cardholder. This innovative model has already facilitated over $1 billion in prescription savings for Americans and generated more than $7 million in donations to its nonprofit partners, highlighting its dual impact on individual savings and charitable giving.
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 signifies a pivotal moment for BuzzRx, likely enabling the company to scale its operations, expand its network of nonprofit partners, and further enhance its prescription discount platform. This capital infusion is expected to accelerate its growth trajectory, allowing BuzzRx to deepen its impact on medication affordability and charitable contributions. The company's consistent track record of delivering substantial savings and significant donations positions it for continued success in the health and wellness sector.
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