What is PatchRx?
PatchRx operates at the intersection of hardware and software, offering a sophisticated medication management ecosystem designed to alleviate the burden of prescription adherence. The company's core product, a smart pill bottle cap, synchronizes seamlessly with a mobile application to track patient behavior in real-time. Beyond the patient-facing interface, PatchRx provides a robust software platform for healthcare providers, enabling clinicians to monitor adherence patterns and intervene when necessary. This dual-layered approach addresses the systemic challenges of medication non-compliance, positioning the company as a vital player in the digital health infrastructure. By focusing on both the individual user experience and the provider-level workflow, PatchRx is effectively transforming how chronic and acute conditions are managed across the healthcare continuum.
How much funding has PatchRx raised?
PatchRx has raised a total of $8M across 1 funding round:
Other Financing Round
$8M
Other Financing Round (2023): $8M with participation from Forum Ventures, Atento Capital, Cortado Ventures, and Vast Ventures
Key Investors in PatchRx
Forum Ventures
Forum Ventures is an early stage fund and startup accelerator that provides a community of experts and operators to support B2B SaaS founders through their growth journey.
Atento Capital
Atento Capital is a Tulsa-based venture firm that provides financial, human, and social capital to early-stage founders, with a focus on fostering regional and global entrepreneurial ecosystems.
Cortado Ventures
Cortado Ventures is an Oklahoma City-based investment firm that partners with technical founders to transform legacy industries through disruptive technologies in sectors like healthcare and energy.
What's next for PatchRx?
Looking ahead, the strategic deployment of this capital will likely focus on expanding the company's provider network and enhancing its data analytics capabilities. As PatchRx continues to scale, the integration of its smart technology into broader clinical workflows will be paramount to achieving its long-term growth objectives. The company is expected to prioritize partnerships with health systems and pharmacy benefit managers to drive adoption of its adherence-focused solutions. By maintaining its commitment to improving patient health outcomes through technological precision, PatchRx is poised to disrupt traditional medication management models and establish a new standard for patient-centered care in the digital age.
See full PatchRx company page
