OverviewSuggest Edit

RxAdvance is a technology company developing solutions based on the collaborative PBM (pharmacy benefit management) cloud platform. Its products include nirvanaRxCloud, a PBM tool, nirvanaAccountableCare, a drug benefit management solution, and more.

HQSouthborough, MA, US
Employee Ratings4
Overall CultureB-

Latest Updates

Employees (est.) (Nov 2021)213
Cybersecurity ratingAMore
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Key People/Management at RxAdvance

Ravi Ika

Ravi Ika

President and Chief Executive Officer, Director
Anand Tati

Anand Tati

Chief Operating Officer
John Jacobsen

John Jacobsen

Chief Financial Officer
Aruna Wickremeratne

Aruna Wickremeratne

Chief Administrative and Revenue Officer
Prakash Tallabattula

Prakash Tallabattula

Chief Technology Officer
Mark W. Owen

Mark W. Owen

Chief Transformation Officer
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RxAdvance Office Locations

RxAdvance has offices in Southborough and Noida
Southborough, MA, US (HQ)
136 Turnpike Rd
Noida, IN
C- 25, BHA Millenium Rd, C Block, Phase 2, Industrial Area, Sector 62
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RxAdvance Financials and Metrics

Summary Metrics

Founding Date


RxAdvance total Funding

$50 m

RxAdvance latest funding size

$50 m

Time since last funding

3 years ago
RxAdvance's latest funding round in September 2018 was reported to be $50 m. In total, RxAdvance has raised $50 m
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RxAdvance Cybersecurity Score

Cybersecurity ratingPremium dataset



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RxAdvance Online and Social Media Presence

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RxAdvance Company Culture

  • Overall Culture



  • CEO Rating



  • Compensation



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RxAdvance News and Updates

Amazon Shifts Employees To PillPack And PBM RxAdvance

Premera Blue Cross, which provides medical benefits to many Amazon employees, had no comment on Amazon’s decision to change prescription benefits.

RxAdvance Blogs

Ablaze Pharmaceuticals secures $75M in Series A funding round

Clinical stage pharmaceutical firm, Ablaze Pharmaceuticals, has reportedly raised a capital of $75 million in a Series A funding round. The initiative was co-led by Advantech Capital and Vivo Capital with participation from Pivotal bioVenture Partners China, RAYZ Investments, Samsara BioCapital, Nan…

TH International enters strategic partnership deal with METRO China

TH International Limited (THIL or Tims China) and its wholly-owned subsidiaries have recently entered a strategic partnership deal with METRO China, a retailer and joint venture of Metro AG and Wumart. This latest deal will enable Tims China to operate as the exclusive coffee shop brand across METRO…

Clinigence Holdings & Nutex Health sign definitive merger agreement

Clinigence Holdings Inc., a leading population health management company, has reportedly signed a definitive merger agreement with Nutex Health, LLC, an independent US-based operator of hospital outpatient departments and micro-hospitals. Subject to the agreement, the companies will consolidate in …

Little Giant plans to launch EBT SNAP for same-day Instacart delivery

Independent supermarket Little Giant Farmers Market has reportedly planned to launch an EBT SNAP payment service for same-day delivery through Instacart. Under this program, participants of EBT SNAP will now be able to leverage their benefits to access pantry staples and fresh food online from the …

Charter Healthcare agrees to acquire Silver Linings Hospice Care

Private equity firm Pharos Capital Group LLC has reportedly announced that Charter Healthcare Group, the companys post-acute care provider platform, has completed the acquisition of Silver Linings Hospice Care. With this acquisition, Charter Healthcare moves into the New Mexico market and expands it…

Retail giant Walmart to test livestream shopping platform of Twitter

Walmart has reportedly planned to test Twitters live stream shopping platform, making it the first retailer to do so. The retail giant will commence with a live event of Cyber Deals on Twitter where users will be able to stream, join the conversation related to the event by tweeting and shop the fea…
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RxAdvance Frequently Asked Questions

  • When was RxAdvance founded?

    RxAdvance was founded in 2013.

  • Who are RxAdvance key executives?

    RxAdvance's key executives are Ravi Ika, Anand Tati and John Jacobsen.

  • How many employees does RxAdvance have?

    RxAdvance has 213 employees.

  • Who are RxAdvance competitors?

    Competitors of RxAdvance include iA, SMART Management and Simomics.

  • Where is RxAdvance headquarters?

    RxAdvance headquarters is located at 136 Turnpike Rd, Southborough.

  • Where are RxAdvance offices?

    RxAdvance has offices in Southborough and Noida.

  • How many offices does RxAdvance have?

    RxAdvance has 2 offices.