Rx Spark
RxSpark, operated by PS Deals, Inc., is a free U.S. pharmacy discount platform that lets consumers compare prescription prices at 62,000+ participating pharmacies and save up to 90% via digital savings cards and mobile apps.
- Company typePrivate
- Founded2017
- HeadquartersAtlanta, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Rx Spark does
RxSpark, operated by privately held PS Deals, Inc. and headquartered in Atlanta, GA, is a U.S. consumer-facing pharmacy discount platform founded in 2017. The platform enables users to compare prescription drug prices at 62,000+ participating pharmacies by zip code, generic/brand, dosage, and quantity, and to access savings of up to 90% off cash prices via digital Prescription Savings Cards and vouchers that can be stored in Apple Wallet and presented at the point of sale. Native iOS and Android apps extend the experience on mobile, and supporting products include an OTC/wellness marketplace (RxSpark Shop), a Rewards Program with gift card redemption at 500+ outlets, a Health Hub of drug and condition information, a Provider Directory, and a Pet Medications savings program.
The business model is freemium for consumers: there are no enrollment or membership fees, and the service is explicitly not insurance. RxSpark monetizes via transaction-based commissions from participating pharmacies and merchants (referenced as "gross commission" in the Rewards Program terms) and via affiliate referral fees from integrated health service partners, most notably Marley Drug (a Medicure Inc. subsidiary providing mail order pharmacy to all 50 states) and Personalabs (direct-to-consumer lab testing at 4,000+ patient service centers). Program administration is outsourced to Capital Rx, and go-to-market is product-led growth through the website and mobile apps, augmented by content marketing, organic social, a referral program, and the Ignitor Partner Program that pays commission-based recurring revenue to freelance promoters and influencers.
Rx Spark firmographics
Firmographics- Name
- Rx Spark
- Legal name
- PS Deals, Inc.
- Website
- https://rxspark.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- RxSpark, operated by PS Deals, Inc., is a free U.S. pharmacy discount platform that lets consumers compare prescription prices at 62,000+ participating pharmacies and save up to 90% via digital savings cards and mobile apps.
- Ownership category
- akta.pro rank
Rx Spark industry classification
Industry- Product category
- Pharmacy Discount Platform
- NAICS
- Pharmacies and Drug Retailers (456110), Other Health and Personal Care Retailers (45619)
- SIC
- Retail-Drug Stores And Proprietary Stores (5912)
- akta.pro primary industry
- Value Pharmacies & Deep-Discount Pharmacy Retail (CRAEAHAB)
- akta.pro secondary industry
- PBM Technology Platforms (ePA/eRx/Real-Time Benefit Tools) (HLAEAKAL)
Keywords
Where Rx Spark is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Rx Spark business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Marketing or Sales, Operations, Others
Revenue model
- Pharmacy Discount Commissions: RxSpark earns a commission from participating pharmacies and merchants when users fill prescriptions using the RxSpark discount card or vouchers. The rewards program terms reference 'gross commission' received from merchants for each purchase.
- Affiliate/Partner Commissions: Revenue generated through partnerships with online pharmacies, lab testing services, and other health product merchants, earning commissions on referred transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free Consumer Access |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Rx Spark product offering
Product offeringCore offering
RxSpark operates a free online pharmacy discount and price comparison platform that enables consumers to search for prescription drug prices at local pharmacies by zip code, generate digital discount cards and vouchers, and access savings of up to 90% off cash prices at over 62,000 participating pharmacies nationwide. The platform is offered via website and iOS/Android mobile apps, with an integrated rewards program and adjacent services such as mail order pharmacy and lab testing delivered through partner integrations.
Product overview
RxSpark is a pharmacy discount platform offering a suite of interconnected products centered around prescription savings. The core offering is the RxSpark Platform, which provides price comparison across 62,000+ pharmacies and savings up to 90% via Prescription Savings Cards and vouchers. This core platform is complemented by the RxSpark Mobile App (iOS/Android) for on-the-go access, the RxSpark Shop for over-the-counter products, Lab Testing Services via Personalabs integration, and Mail Order Pharmacy through Marley Drug. Additional value-add services include a Rewards Program enabling users to earn and redeem gift cards, a Health Hub with drug and condition information, Pet Medications savings, and a Provider Directory for finding local healthcare services.
Differentiator
Problem solved
Functional benefit
Products and services
- RxSpark Platform A free, web-based pharmacy discount and price comparison platform that lets U.S. consumers search prescription drug prices at local pharmacies by zip code and generate digital discount cards or vouchers accepted at 62,000+ participating pharmacies, providing up to 90% off cash prices.
- RxSpark Mobile App Native iOS and Android applications that enable users to compare prescription prices by zip code, store vouchers and Prescription Savings Cards in Apple Wallet, access prescriptions on the go, and manage account and refill reminders.
- Prescription Savings Card A free digital and physical discount card accepted at thousands of pharmacies nationwide, delivering up to 90% savings on prescription medications and addable directly to Apple Wallet.
- RxSpark Shop An online marketplace for health products, over-the-counter medications, supplements, books, and other dental, health and wellness products (including ergonomic supports and Ready Rocker products).
- Rewards Program A loyalty program in which members earn points for every prescription filled and product purchased via RxSpark and for successful referrals, redeemable for gift cards at 500+ outlets including Amazon and iTunes.
- Ignitor Partner Program An affiliate/partner program enabling freelance sales reps and influencers to promote RxSpark and earn commission-based recurring revenue on prescription savings referred.
Quantifiable outcome
- Members save an average of $500 per year on prescriptions
- +2 more outcomes
Companies that use Rx Spark
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles3 records
Rx Spark technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature3 records
Rx Spark partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Marley DrugcoreMarley Drug, a subsidiary of Medicure Inc., is a full-service pharmacy based in North Carolina licensed to dispense and ship medications to all 50 states. The partnership integrates mail order pharmacy into the RxSpark platform, allowing users to access affordable medications delivered directly. Marley Drug has been in business for 20 years and operates as the online outlet of an established bricks and mortar pharmacy.
- PersonalabscorePersonalabs provides direct-to-consumer blood and lab testing services integrated into the RxSpark platform. Users can order lab tests online and get tested at over 4,000 partner patient service centers nationwide, without needing a doctor's appointment.
- Capital RxminorCapital Rx administers the prescription discount program for RxSpark, handling program operations and customer care.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Rx Spark competitors and assessment
Company assessmentOthers
- Capital Rx: Pharmacy benefit manager that administers the RxSpark discount program. Comparable as an adjacent PBM-technology operator but functions as RxSpark's back-end partner rather than a direct consumer-facing competitor.
- Marley Drug: Licensed mail order pharmacy partnered with RxSpark and a subsidiary of Medicure Inc. Comparable as a discount mail-order pharmacy channel, but currently integrated into RxSpark rather than competing with it.
Direct peers
- SingleCare: Pharmacy discount card and price comparison service offering free consumer access and negotiated rates at major US pharmacies. Directly comparable business model to RxSpark with similar freemium, commission-based economics.
- ScriptSave WellRx: Pharmacy discount card and price comparison tool that helps consumers reduce out-of-pocket prescription costs. Direct functional overlap with RxSpark's price comparison and discount card product.
- GoodRx: Market-leading prescription discount and price comparison platform. Competes directly with RxSpark on consumer savings cards, pharmacy network coverage, and mobile app experience, and dwarfs it in scale and capital.
- RxSaver: Prescription discount platform (owned by HealthSaver) that lets consumers compare cash and discount card prices at local pharmacies. Closely overlaps RxSpark on core price comparison and free discount card functionality.
- Blink Health: Digital pharmacy and discount platform offering low prescription prices via online ordering and pickup at partner pharmacies. Competes in the same free, consumer-direct prescription savings category as RxSpark.
- FamilyWize: Free prescription savings card program with broad pharmacy network participation. Targets similar cost-conscious consumer segments as RxSpark with comparable freemium economics.
Broad incumbents
- Amazon Pharmacy: Amazon's full-service online pharmacy offering home delivery, Prime-linked pricing, and transparent prescription costs. Functions as both a discount channel and a pharmacy, materially raising the competitive bar for RxSpark.
Emerging players
- NeedyMeds: Nonprofit resource aggregating patient assistance programs, free/low-cost clinic listings, and prescription discount information. Overlaps RxSpark's mission of making prescriptions more affordable, especially for uninsured consumers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Rx Spark social profiles
Digital presenceRx Spark financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rx Spark leadership team
Management profileNumber of profiles
Rx Spark funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rx Spark 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 Rx Spark
What does Rx Spark do?
RxSpark operates a free online pharmacy discount and price comparison platform that enables consumers to search for prescription drug prices at local pharmacies by zip code, generate digital discount cards and vouchers, and access savings of up to 90% off cash prices at over 62,000 participating pharmacies nationwide. The platform is offered via website and iOS/Android mobile apps, with an integrated rewards program and adjacent services such as mail order pharmacy and lab testing delivered through partner integrations.
Is Rx Spark a public or private company?
Rx Spark is a private company. It is classified as venture growth investor backed and is currently operating.
When was Rx Spark founded?
Rx Spark was founded in 2017. It employs 1 to 10 people.
Where is Rx Spark based?
Rx Spark is headquartered in Atlanta, United States, in the North America region.
How does Rx Spark make money?
Two revenue lines are on record. Pharmacy Discount Commissions are the primary driver. The others are affiliate/Partner Commissions.
Who are Rx Spark's main competitors?
Others on record are Capital Rx and Marley Drug. Direct peers are SingleCare, ScriptSave WellRx, GoodRx, RxSaver, Blink Health and FamilyWize. Amazon Pharmacy is listed as a broad incumbent. NeedyMeds is listed as an emerging player.
Does Rx Spark have an API?
No public API is recorded for Rx Spark.
What industry is Rx Spark in?
Rx Spark's product category is Pharmacy Discount Platform. Its primary akta.pro industry code is CRAEAHAB, Value Pharmacies & Deep-Discount Pharmacy Retail, with a secondary code of HLAEAKAL, PBM Technology Platforms (ePA/eRx/Real-Time Benefit Tools). Its NAICS code is 456110 and its SIC code is 5912.