What SRX does

SRX is a privately held, New York-based technology company founded in 2015 that provides technology for managing pharmacy spend. The company's product is positioned in the pharmacy benefits/cost management category, serving organizations that need to monitor and control pharmaceutical expenditures — likely employers, plan sponsors, payers, or PBMs, though specific customer segments are not disclosed in the available data. SRX operates at a small scale (11–50 employees) and has maintained a continuous operating presence for roughly a decade.

The leadership team indicates a moderately structured operating company rather than an early-stage startup: two co-founders (Ephram Ostreicher and Scott Taylor) remain involved, alongside a CEO (Don Hawk), and dedicated functional executives covering technology and product development (Rammy Joudeh), finance (Sam Adler), and strategy (Erik Reaveley). The company is for-profit, private, and headquartered in the United States; the firmographic record reports a corporate website at srx-tech.com.

No information is available on the company's revenue model, pricing, customer list, funding history, integrations, patents, or specific product features — the primary web source returned a CAPTCHA verification challenge that prevented extraction of those details. As a result, the precise go-to-market motion, contract structure, and technology stack cannot be characterized from this input.

Name

SRX

Website

https://srx-tech.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

SRX is a privately held, New York-based technology company founded in 2015 that provides pharmacy spend management technology to organizations seeking to monitor and control pharmaceutical expenditures (likely employers, plan sponsors, payers, or PBMs).

Ownership category

akta.pro rank

Product category

Pharmacy Benefit Management Software

NAICS

Other Scientific and Technical Consulting Services (541690), Custom Computer Programming Services (541511)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

PBM Technology Platforms (ePA/eRx/Real-Time Benefit Tools) (HLAEAKAL)

akta.pro secondary industries

Group Pharmacy Benefit (Rx) Coverage & PBM-Integrated Plans (FSAIAFAN), Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG)

Keywords

• Pharmacy benefit management
• Pharmacy spend management
• Healthcare technology
• Drug spend optimization
• Pharmacy claims processing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales

Core offering

SRX provides technology solutions for managing pharmacy spend. The platform enables organizations to monitor, analyze, and optimize pharmaceutical expenditures across their benefits programs. It is a private, for-profit firm founded in 2015 and headquartered in New York.

Differentiator

Problem solved

Functional benefit

Products and services

• Pharmacy Spend Management Technology

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Broad incumbents

• Express Scripts (Cigna): Express Scripts is one of the largest U.S. PBMs, owned by The Cigna Group, serving employer, health plan, and government clients. Broad incumbent competing for employer pharmacy benefit management contracts.
• OptumRx: OptumRx is one of the three largest U.S. PBMs (UnitedHealth Group), serving employers, health plans, and payers. Broad incumbent operating in the same PBM space where SRX competes for self-funded employer spend.
• MedImpact: MedImpact is a PBM serving health plans, self-funded employers, and TPAs with pharmacy benefit management services. Comparable offering for employer-sponsored pharmacy benefits.
• CVS Caremark: CVS Caremark is the PBM arm of CVS Health and a leading U.S. PBM serving employer plan sponsors. Broad incumbent that competes for the same employer pharmacy benefit contracts SRX targets.

Direct peers

• RxBenefits: RxBenefits is a pharmacy benefit solutions company that helps self-funded employers and TPAs optimize prescription drug benefits. Comparable target customer base and pharmacy spend management value proposition.
• EmpiRx Health: EmpiRx Health is a clinically-driven PBM serving self-funded employer health plans with a focus on outcomes-based management of pharmacy spend. Direct overlap with SRX in employer-focused PBM services.
• EmsanaRx: EmsanaRx is a transparent PBM launched by the Purchaser Business Group on Health to serve self-funded employers. Directly comparable as a transparent PBM serving employer plan sponsors.
• Capital Rx: Capital Rx is a transparent, technology-driven PBM built on its Judi platform, serving employer plans, unions, and TPAs. Closely comparable to SRX in technology-led PBM positioning and self-funded employer target market.
• AffirmedRx: AffirmedRx is a transparent PBM focused on hospital and employer plans, with pass-through pricing and local pharmacy network focus. Comparable model centered on transparency and management of pharmacy spend.

Emerging players

• HealthPlan Data Solutions: Emerging niche PBM/analytics company serving self-funded employers, overlapping with SRX in technology and analytics for pharmacy spend.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• Xx.com/srxtech

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SRX