PBM Capital Rx raises $106M; Virtual surgery platform Proximie scores $80M

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Pharmacy advantage manager Capital Rx elevated $106 million in a Series C funding round led by B Money. The round involved participation from Common Catalyst and current investors Transformation Funds and Edison Companions. Money Rx claimed its full funding pot now totals $175 million.

The company delivers the JUDI system, pharmacy positive aspects application that features resources for making and implementing plans, adjudicating promises, exchanging info, prior authorization, and billing. 

“Funds Rx has the clearest eyesight we have witnessed in the sector for how to transform the infrastructure of health care to allow superior care at a decrease value,” Dr. Robert Mittendorff, common partner at B Funds, stated in a assertion. As component of the financial investment, Mittendorff will be a part of Money Rx’s board of directors.

“AJ and crew have made incredible progress in modernizing and unifying the operating system for prescription drug pricing and supply, exhibiting business partners, businesses and American people that a new stage of treatment supply and client experience is attainable for prescription drug obtain and pricing.”


Virtual surgical procedures platform Proximie declared Tuesday it experienced lifted $80 million in Collection C funding.

The spherical was led by Introduction Everyday living Sciences with participation from new investors Emerson Collective, SoftBank Eyesight Fund 2, British Affected individual Capital, Mubadala Expenditure Organization and the Minderoo Basis. Current traders F-Prime Cash, Eight Streets, Questa Cash, World Ventures and Maverick Ventures also participated.

The latest raise brings the company’s total funding to $130 million. Proximie most a short while ago declared a $38 million Series B in April 2021. 

The startup uses augmented fact technologies to allow for clinicians to remotely go to and participate in surgeries. Data from those processes can be recorded and analyzed later with an eye toward improving results. The funding will go toward developing and scaling its platform.

“Our eyesight is to democratize surgery via far better data by connecting every OR and cath lab in the environment,” CEO and founder Dr. Nadine Hachach-Haram claimed in a statement.

“We began this journey enabling surgeons to nearly be a part of any OR. Now, we’re applying this capacity to digitize the operating space, bringing clients the collective experience of the most effective surgeons in the earth – exactly where knowledge collected and shared on Proximie can support them get existence-saving care, no matter where by they stay.”


Electronic pathology company Proscia declared Tuesday it scooped up $37 million in Sequence C funding. 

The round includes participation from Highline Capital Administration, Triangle Peak Partners and Alpha Intelligence Capital, as effectively as existing investors, which includes Scale Enterprise Partners, Hitachi Ventures, ROBO Global, Emerald Progress Administrators and Razor’s Edge Ventures. 

Proscia explained the financial investment provides its complete increase to $72 million, constructing on a $23 million Series B spherical from 2020. It options to use the resources to build its commercial operations, together with by hiring for sales, promoting and assistance teams, as well as adding distribution partnerships. 

“Pathology deserves the similar innovative technological innovation that has remodeled the rest of drugs and our life,” CEO David West claimed in a assertion. “Our Collection C will empower us to keep on delivering this innovation to the experts and pathologists who are making use of it to increase affected person outcomes. We are thrilled to lover with remarkable buyers who imagine deeply in our mission as we take the upcoming stage in our journey.”

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