RxSaver
RxSaver is a free digital prescription drug coupon platform serving uninsured and underinsured US consumers. It aggregates real-time PBM and pharmacy pricing to offer discounts of up to 80% on 6,000+ medications via web and mobile apps.
- Company typePrivate
- Founded2018
- HeadquartersAustin, United States
- Headcount51–100
- GTM typeB2C
- OfferingSoftware
What RxSaver does
RxSaver is a free consumer-facing prescription drug coupon platform that helps individuals reduce out-of-pocket medication costs. The product is delivered via a website and mobile applications on iOS and Android, allowing users to search medications, compare prices across nearby pharmacies, and access discount coupons at the point of sale without membership, sign-in, or fees. The platform claims savings of up to 80% on more than 6,000 medications, with coupons accepted at thousands of US pharmacies including Walgreens, Walmart, CVS, Costco, and Kroger.
The underlying technology aggregates real-time pricing data from multiple Pharmacy Benefit Managers (PBMs) and pharmacy purchasing groups under contracted arrangements, then surfaces those prices through search, comparison, and mobile-redemption workflows. The product surface includes the core couponing platform, a Pill Identifier tool, a Find a Pharmacy locator, an RxSaver for Providers portal, and an educational blog focused on prescription savings. RxSaver operates as a brand within the GoodRx ecosystem (GoodRx Holdings, Inc., NASDAQ: GDRX), sharing pricing infrastructure and brand equity with its publicly listed parent.
RxSaver's business model is transaction-based: the service is free to consumers, with revenue earned through pharmacy and PBM network fees paid for access to the RxSaver consumer platform and transaction processing. Its primary customer segment is uninsured and underinsured consumers seeking lower prescription prices, with a secondary segment of insured users whose co-pays exceed RxSaver discount prices. Distribution is exclusively digital and self-serve through the website and mobile apps, and the company is headquartered in Austin, Texas with 51–100 employees.
RxSaver firmographics
Firmographics- Name
- RxSaver
- Legal name
- RxSaver
- Website
- https://rxsaver.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- RxSaver is a free digital prescription drug coupon platform serving uninsured and underinsured US consumers. It aggregates real-time PBM and pharmacy pricing to offer discounts of up to 80% on 6,000+ medications via web and mobile apps.
- Ownership category
- akta.pro rank
RxSaver industry classification
Industry- Product category
- Prescription Drug Discounts
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- PBM Technology Platforms (ePA/eRx/Real-Time Benefit Tools) (HLAEAKAL)
Keywords
Where RxSaver is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
RxSaver business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales
Revenue model
- Pharmacy Network Fees: RxSaver likely earns revenue through arrangements with pharmacies and Pharmacy Benefit Managers (PBMs) who pay for access to the RxSaver consumer platform and transaction processing. The platform's FAQ indicates discount prices are 'based on contracts between a pharmacy (or pharmacy purchasing group) and a Pharmacy Benefit Manager (PBM), who provides prices to us.'
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free consumer access to all prescription drug coupons |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
RxSaver product offering
Product offeringCore offering
RxSaver is a free digital prescription drug coupon platform that aggregates pricing data from pharmacies and Pharmacy Benefit Managers (PBMs) to provide consumers with real-time discount pricing on more than 6,000 medications. The platform allows users to search medications, compare prescription prices at nearby pharmacies, and access free discount coupons redeemable at thousands of pharmacies nationwide, including Walgreens, Walmart, CVS, Costco, and Kroger, with savings up to 80%.
Product overview
RxSaver is a free prescription drug coupon platform that helps uninsured and underinsured consumers save up to 80% on prescription medications. The core product enables users to search for medications, compare prices across thousands of pharmacies nationwide (including Walgreens, Walmart, CVS, Costco, and Kroger), and access free discount coupons. RxSaver offers a web-based platform, a mobile app for iOS and Android, and supplementary tools including a Pill Identifier and Find a Pharmacy feature. The platform also provides a Provider portal and an educational blog covering health conditions and medication savings strategies. No membership or sign-in is required to use the service.
Differentiator
Problem solved
Functional benefit
Products and services
- RxSaver Prescription Savings Platform A free web-based platform that enables consumers to search medications, compare prescription prices at nearby pharmacies, and access discount coupons that can save up to 80% on prescriptions across 6,000+ medications. No membership or sign-in required.
- RxSaver Mobile App A free mobile application available on iOS and Android that allows users to instantly find the lowest prescription prices nearby, save medication lists, and access coupons without sign-in or membership requirements.
- Rx Discount Card A free prescription savings card that consumers can present at participating pharmacies to access discount pricing on prescription medications without insurance.
- RxSaver for Providers A dedicated section of the platform providing resources and information for healthcare providers to help patients access affordable prescription medications.
Quantifiable outcome
- Save up to 80% on prescriptions
- +2 more outcomes
Companies that use RxSaver
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
RxSaver technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
RxSaver partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- WalgreenscoreWalgreens is a major pharmacy chain partner where RxSaver coupons are accepted. Users can show their RxSaver coupon at Walgreens to receive discounted prescription prices.
- WalmartcoreWalmart is a major pharmacy chain partner where RxSaver coupons are accepted. Users can show their RxSaver coupon at Walmart to receive discounted prescription prices.
- CVS PharmacycoreCVS Pharmacy is a major pharmacy chain partner where RxSaver coupons are accepted. Users can show their RxSaver coupon at CVS to receive discounted prescription prices.
- CostcocoreCostco is a major pharmacy chain partner where RxSaver coupons are accepted. Users can show their RxSaver coupon at Costco to receive discounted prescription prices.
- KrogercoreKroger is a major pharmacy chain partner where RxSaver coupons are accepted. Users can show their RxSaver coupon at Kroger pharmacies to receive discounted prescription prices.
- GoodRxcoreRxSaver is part of the GoodRx ecosystem. The news source mentions RxSaver alongside GoodRx and WellRx as part of the Manufacturer Prescription Drug Coupons Market. RxSaver appears to share technology infrastructure and pricing data with GoodRx.
Scale indicators4 records
Recent moves1 record
Expansion highlights4 records
RxSaver competitors and assessment
Company assessmentDirect peers
- WellRx: WellRx is a prescription savings program under the Healthware Group that competes head-to-head with RxSaver and GoodRx in the consumer-facing free coupon and price comparison category.
- Blink Health: Blink Health operates a digital prescription pricing and home delivery platform competing directly with RxSaver on consumer cash-pay prescription discounts and pharmacy network pricing.
- GoodRx: GoodRx is the parent company of RxSaver and its closest direct competitor in the prescription discount coupon space, offering essentially the same value proposition (free coupons, price comparison, accepted at major chains) under its flagship brand.
- SingleCare: SingleCare is a leading direct competitor to RxSaver, offering a free prescription discount card and price comparison platform serving uninsured and underinsured consumers at major U.S. pharmacies.
- Optum Perks: Optum Perks (formerly SearchRx) is UnitedHealth Group's prescription discount offering and a direct competitor leveraging Optum's PBM scale and insurer-aligned distribution.
Emerging players
- NeedyMeds: NeedyMeds is a nonprofit resource aggregating patient assistance programs, manufacturer coupons, and drug discount cards; it is an emerging/niche competitor in the prescription savings information space.
- Mark Cuban Cost Plus Drug Company: Cost Plus Drugs is an emerging direct-to-consumer online pharmacy with transparent cost-plus pricing, competing for the same cash-pay prescription consumer that RxSaver targets, though via mail order rather than coupons.
Broad incumbents
- Amazon Pharmacy: Amazon Pharmacy is a broad incumbent in online prescription fulfillment, offering Prime-member pricing and discount programs that overlap with RxSaver's cash-pay prescription savings use case.
- Walgreens Prescription Savings Club: Walgreens operates an in-house prescription savings club membership and discount pricing program that overlaps with RxSaver's value proposition at the point of sale.
Others
- Capital Rx: Capital Rx is a pharmacy benefit manager building a modern PBM technology platform; it is adjacent infrastructure that competes for PBM contract dollars flowing to the same payers and pharmacies RxSaver depends on.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
RxSaver social profiles
Digital presenceRxSaver financial estimates
Financial estimateRevenue estimate
Valuation estimate
RxSaver leadership team
Management profileNumber of profiles
Profiles1 record
RxSaver funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RxSaver 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 RxSaver
What does RxSaver do?
RxSaver is a free digital prescription drug coupon platform that aggregates pricing data from pharmacies and Pharmacy Benefit Managers (PBMs) to provide consumers with real-time discount pricing on more than 6,000 medications. The platform allows users to search medications, compare prescription prices at nearby pharmacies, and access free discount coupons redeemable at thousands of pharmacies nationwide, including Walgreens, Walmart, CVS, Costco, and Kroger, with savings up to 80%.
Is RxSaver a public or private company?
RxSaver is a private company. It is classified as corporate owned and is currently operating.
When was RxSaver founded?
RxSaver was founded in 2018. It employs 51 to 100 people.
Where is RxSaver based?
RxSaver is headquartered in Austin, United States, in the North America region.
How does RxSaver make money?
One revenue line is on record: pharmacy Network Fees.
Who are RxSaver's main competitors?
Direct peers on record are WellRx, Blink Health, GoodRx, SingleCare and Optum Perks. Emerging players are NeedyMeds and Mark Cuban Cost Plus Drug Company. Broad incumbents are Amazon Pharmacy and Walgreens Prescription Savings Club. Capital Rx is listed as an others.
Does RxSaver have an API?
No public API is recorded for RxSaver.
What industry is RxSaver in?
RxSaver's product category is Prescription Drug Discounts. Its primary akta.pro industry code is HLAEAKAL, PBM Technology Platforms (ePA/eRx/Real-Time Benefit Tools). Its NAICS code is 524292 and its SIC code is 7372.