What is PatchRx?
PatchRx is a health technology company dedicated to enhancing the patient experience with prescription medication. The company has developed an innovative smart pill bottle cap that syncs with a patient's smartphone, providing timely reminders and tracking to ensure adherence. Complementing its hardware solution, PatchRx offers compatible software for healthcare providers, enabling them to monitor patient progress and improve health outcomes nationwide. This dual approach addresses the critical need for better medication management, a persistent challenge for individuals and healthcare systems alike.
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 Cortado Ventures, Atento Capital, Forum Ventures, and Vast Ventures
Key Investors in PatchRx
Cortado Ventures
Cortado Ventures is an investment firm focused on seed-stage frontier tech companies, particularly those transforming legacy industries in America's Midcontinent Region. They partner with experienced founders to drive change through innovative solutions in sectors like energy and healthcare.
Atento Capital
Atento Capital is a venture capital firm dedicated to supporting early-stage founders by providing financial, human, and social capital. Based in Tulsa, they focus on entrepreneurs willing to relocate and leverage extensive networks to connect founders with essential resources and strategic guidance.
Forum Ventures
Forum Ventures is an early-stage fund, startup accelerator, and community specifically for B2B SaaS tech startups. They offer support from a community of B2B SaaS experts, founders, and operators.
What's next for PatchRx?
With this major enterprise-level funding, PatchRx is poised for significant expansion. The strategic investment will likely fuel further development of its smart medication management platform, enhance its software integration capabilities for healthcare providers, and broaden its market reach. The company's focus on improving patient adherence and provider oversight positions it for substantial growth in the rapidly evolving digital health landscape.
See full PatchRx company page
