Tech Company Financing Transactions
LucyRx Funding Round
LucyRx closed a funding round on 4/16/2025. Investors included LRVHealth.
Transaction Overview
Company Name
Announced On
4/16/2025
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate: the expansion of its technology-driven PBM model, delivering cost efficiency, personalized support, and plan flexibility. the customizable solutions that support formulary management, reduce administrative complexity, and improve medication adherence--while driving down overall costs. the analytics and AI-powered tools through LucyIQ, enabling better decision-making for plan sponsors and members.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
7373 Wisconsin Ave 950
Bethesda, MD 20814
USA
Bethesda, MD 20814
USA
Phone
Website
Email Address
Overview
At LucyRx, we're reimagining pharmacy benefits with independence, transparency, smarter technology, and a commitment to putting people first. Backed by a $500 million capital investment, LucyRx partners with 60,000+ pharmacies and 1,200 clients nationwide, serving more than 1 million members.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Blair
Browse more venture capital transactions:
Prev: 4/16/2025: Cosmic Robotics venture capital transaction
Next: 4/16/2025: Nyobolt venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs