PatchRx
PatchRx developed a patented smart pill bottle cap (PatchCap) that captures real-time medication adherence data via sensor technology, serving US healthcare providers and clinics across pain management, mental health, and clinical trial segments through Remote Therapeutic Monitoring integrations. The company was acquired by Custom Health in 2026.
- Company typePrivate
- Founded2021
- HeadquartersTulsa, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What PatchRx does
PatchRx is a Tulsa, Oklahoma-based medtech company that developed a patented smart pill bottle cap, branded PatchCap, equipped with sensor technology that detects when a pill bottle is opened and captures real-time medication usage data. The device feeds adherence information into Remote Patient Monitoring (RPM) and Remote Therapeutic Monitoring (RTM) platforms, enabling healthcare providers to monitor compliance between visits and incorporate adherence data into clinical decision-making.
The company operated a B2B go-to-market motion, selling hardware devices and offering subscription-based platform integration services to healthcare providers and clinics. Documented use cases include pain management (including opioid prescription oversight), mental health practices, and clinical trial operators, with the technology reported as adopted in over 40 clinics across the United States and supported by integration partnerships with Tenovi (Cellular Gateway, October 2024) and HealthArc (unified RTM program for pain management, July 2025). Revenue streams consisted of smart medication device sales (hardware) and software platform integration / RTM subscription access (recurring). The company raised approximately $15 million in total funding across a 2020 pre-seed/2021 seed led by Atento Capital and an August 2023 Series A led by Atento Capital with participation from Vast Ventures, Cortado Ventures, Forum Ventures, and Plains VC.
In 2026, PatchRx was acquired by Custom Health Holdings Inc. (TSX: CHLT), an integrated medication management platform combining pharmacy, in-home devices, and pharmacist-led clinical services. Following the acquisition, the PatchCap product continues to be offered as part of Custom Health's in-home device portfolio alongside spencer® and AdhereNet®.
PatchRx firmographics
Firmographics- Name
- PatchRx
- Legal name
- PatchRx
- Website
- https://patchrx.io
- Company type
- Private
- Founded year
- 2021
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- PatchRx developed a patented smart pill bottle cap (PatchCap) that captures real-time medication adherence data via sensor technology, serving US healthcare providers and clinics across pain management, mental health, and clinical trial segments through Remote Therapeutic Monitoring integrations. The company was acquired by Custom Health in 2026.
- Ownership category
- akta.pro rank
PatchRx industry classification
Industry- Product category
- Medication Adherence Technology
- NAICS
- Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Medical Equipment and Supplies Manufacturing (3391)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Medication Adherence & Smart Drug Delivery (Connected Inhalers, Pens, Pill Dispensers) (HLACAPAH)
- akta.pro secondary industries
- Connected Therapeutics & Smart Drug Delivery Monitoring (HLACAFAL), Medication Adherence, Packaging & Fulfillment Services (Blister/Unit-Dose) (HLAFALAJ), Remote Patient Monitoring (RPM) Platforms & Services (HLACAPAA)
Keywords
Where PatchRx is headquartered
LocationHeadquarters
- HQ city
- Tulsa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PatchRx business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Smart Medication Device Sales: Sale of patented smart pill bottle cap devices to healthcare providers and clinics for medication adherence tracking.
- Software Platform Integration: Integration services and platform access for remote patient monitoring and therapeutic monitoring programs.
Go-to-market motion1 record
PatchRx product offering
Product offeringCore offering
PatchRx develops and sells a patented smart pill bottle cap (PatchCap) equipped with proprietary sensor technology that tracks when medications are taken and captures real-time medication adherence data. The hardware device is paired with software platform integration that feeds adherence data into Remote Therapeutic Monitoring (RTM) and Remote Patient Monitoring (RPM) systems for clinical decision-making by healthcare providers, pain management practices, mental health providers, and clinical trial operators.
Product overview
PatchRx was a medication management startup that developed a smart pill bottle cap technology called PatchCap, designed to improve medication adherence across healthcare sectors. The company operated with a hardware-centric product (smart pill bottle cap sensor) that tracked medication usage and integrated with remote patient monitoring platforms. PatchRx was subsequently acquired by Custom Health, which now offers PatchCap as part of its integrated medication management platform alongside other in-home devices like spencer® and AdhereNet®.
Differentiator
Problem solved
Functional benefit
Brands
- PatchCap: Smart medication adherence device (smart pill bottle cap) offered as part of Custom Health's in-home device portfolio.
Products and services
- PatchCap (Smart Pill Bottle Cap) Patented smart pill bottle cap with embedded sensor technology that tracks medication usage in real time and captures medication adherence data. Designed for healthcare providers, clinics, pain management practices, mental health providers, and clinical trial operators seeking objective adherence insights. Now offered as part of Custom Health's in-home device portfolio following PatchRx's 2026 acquisition.
Quantifiable outcome
- Adopted in over 40 clinics with plans for expansion across healthcare sectors
Companies that use PatchRx
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
PatchRx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature2 records
PatchRx partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and major.
- HealthArccoreHealthArc partnered with PatchRx to integrate their solutions into a unified Remote Therapeutic Monitoring program for pain management practices. The combined offering uses PatchRx's sensor technology to capture real-time medication adherence data and integrate it into HealthArc's platform for clinical decision-making.
- TenovicoreTenovi partnered with PatchRx in October 2024 to integrate PatchRx's patented smart medication device through its Cellular Gateway, expanding Tenovi's remote patient monitoring offerings with PatchRx's technology.
- Custom HealthmajorCustom Health acquired PatchRx as part of strategic acquisitions in the medication adherence technology space, expanding Custom Health's integrated medication management infrastructure.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
PatchRx competitors and assessment
Company assessmentDirect peers
- AdhereTech: AdhereTech manufactures connected smart pill bottles that track medication adherence in real time, making it the most direct hardware peer to PatchRx's PatchCap smart pill bottle cap. Both companies serve pharma manufacturers, health systems, and clinical trial sponsors with objective adherence data.
- MedMinder: MedMinder offers connected medication dispensers and reminder systems for patients with chronic conditions, competing head-to-head with PatchCap in the connected adherence device category. Both target providers, payers, and at-home patient populations seeking real-time dosing visibility.
- Hero Health: Hero Health provides an in-home smart medication dispenser and adherence platform for patients and caregivers. It competes with PatchCap in the connected, at-home medication management device market, particularly for chronic disease patients.
- Medisafe: Medisafe offers a digital medication adherence platform (app-based) with patient engagement, reminders, and adherence analytics. It overlaps with PatchRx on the medication adherence analytics and patient engagement layer, though it relies on self-report rather than smart hardware.
- Pillsy: Pillsy developed a smart pill bottle cap with adherence tracking and a companion app, very similar in form factor and function to PatchRx's PatchCap. It is a direct competitor in the connected smart cap category of medication adherence.
Broad incumbents
- Propeller Health (ResMed): Propeller Health, now part of ResMed, provides connected medication sensors (notably for inhalers) plus a digital adherence platform. It is a broader incumbent in connected drug delivery monitoring, comparable to PatchCap's smart drug delivery adherence category.
Others
- Tenovi: Tenovi is an RPM gateway and device aggregation platform that has a formal integration partnership with PatchRx. As an ecosystem partner and indirect channel, it is thematically comparable as a connected care infrastructure provider but does not directly compete with PatchCap.
- HealthArc: HealthArc is an RPM/RTM platform partner that integrates PatchCap into its pain management offering. As a strategic partner rather than a direct competitor, it represents the channel partner end of PatchRx's distribution model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
PatchRx social profiles
Digital presencePatchRx financial estimates
Financial estimateRevenue estimate
Valuation estimate
PatchRx leadership team
Management profileNumber of profiles
Profiles3 records
PatchRx funding detail
Funding detailFunding overview
Funding rounds4 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PatchRx M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PatchRx
What does PatchRx do?
PatchRx develops and sells a patented smart pill bottle cap (PatchCap) equipped with proprietary sensor technology that tracks when medications are taken and captures real-time medication adherence data. The hardware device is paired with software platform integration that feeds adherence data into Remote Therapeutic Monitoring (RTM) and Remote Patient Monitoring (RPM) systems for clinical decision-making by healthcare providers, pain management practices, mental health providers, and clinical trial operators.
Is PatchRx a public or private company?
PatchRx is a private company. It is classified as corporate owned and is currently acquired.
When was PatchRx founded?
PatchRx was founded in 2021. It employs 51 to 100 people.
Where is PatchRx based?
PatchRx is headquartered in Tulsa, United States, in the North America region.
How does PatchRx make money?
Two revenue lines are on record. Smart Medication Device Sales are the primary driver. The others are software Platform Integration.
Who are PatchRx's main competitors?
Direct peers on record are AdhereTech, MedMinder, Hero Health, Medisafe and Pillsy. Propeller Health (ResMed) is listed as a broad incumbent. Others are Tenovi and HealthArc.
Does PatchRx have an API?
No public API is recorded for PatchRx.
What industry is PatchRx in?
PatchRx's product category is Medication Adherence Technology. Its primary akta.pro industry code is HLACAPAH, Medication Adherence & Smart Drug Delivery (Connected Inhalers, Pens, Pill Dispensers), with a secondary code of HLACAFAL, Connected Therapeutics & Smart Drug Delivery Monitoring. Its NAICS code is 3345 and its SIC code is 3841.