Tech Company Financing Transactions

Rx Savings Solutions Funding Round

Rx Savings Solutions closed a $18.4 million investment round on 11/29/2017. Investors included McCarthy Capital and private investors.

Transaction Overview

Announced On
Transaction Type
Venture Equity

McCarthy Capital (Lead Investor) (Brian Zaversnik)

Proceeds Purpose
The new capital will be put toward sales, marketing, and investment in additional software functionality to make cumbersome processes throughout the pharmacy paradigm easier for consumers to navigate.

Company Information

Company Status
Private & Independent
Healthcare IT
Mailing Address
11225 College Blvd. 400
Overland Park, KS 66210
Email Address
Every day, prescription benefits fail people. People who are sick or in pain. People who are confused by the system. People who can't afford to pay. They are prescribed medications that they don't understand. They aren't aware there are therapeutic alternatives. And they don't realize there are pricing options.
Rx Savings Solutions LinkedIn Company Profile
Social Media
Rx Savings Solutions Company Twitter Account
Company News
Rx Savings Solutions News
Rx Savings Solutions on Facebook
Rx Savings Solutions on YouTube

Management Team

Email & Social
Chief Executive Officer
Michael Rea
  Michael Rea LinkedIn Profile  Michael Rea Twitter Account  Michael Rea News  Michael Rea on Facebook
Chief Financial Officer
Frank Bednar
  Frank Bednar LinkedIn Profile  Frank Bednar Twitter Account  Frank Bednar News  Frank Bednar on Facebook
Chief Technical Officer
Shahryar Qadri
  Shahryar Qadri LinkedIn Profile  Shahryar Qadri Twitter Account  Shahryar Qadri News  Shahryar Qadri on Facebook
VP - Client Services
Randy Cox
  Randy Cox LinkedIn Profile  Randy Cox Twitter Account  Randy Cox News  Randy Cox on Facebook
VP - General Counsel
Brandy Rea
  Brandy Rea LinkedIn Profile  Brandy Rea Twitter Account  Brandy Rea News  Brandy Rea on Facebook
VP - Marketing
Katie Allen
  Katie Allen LinkedIn Profile  Katie Allen Twitter Account  Katie Allen News  Katie Allen on Facebook
VP - Product Management
Peter Wilkinson
  Peter Wilkinson LinkedIn Profile  Peter Wilkinson Twitter Account  Peter Wilkinson News  Peter Wilkinson on Facebook
VP - Sales
Drew Komenda
  Drew Komenda LinkedIn Profile  Drew Komenda Twitter Account  Drew Komenda News  Drew Komenda on Facebook



Browse more venture capital transactions:

Prev: 11/28/2017: Biolinq venture capital transaction
Next: 11/29/2017: Envisagenics venture capital transaction


Share this article


News on VC Transactions

Our team works diligently to report on tech company VC transactions. VC investment data records on this site are sourced from company press releases and news coverage. The information comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary