Datarithm
Datarithm is a cloud-based SaaS provider offering inventory management, perpetual inventory, and demand forecasting software to independent and multi-location community pharmacies across the United States, with bi-directional integrations to major pharmacy management systems.
- Company typePrivate
- Founded2005
- HeadquartersEast Syracuse, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Datarithm does
Datarithm is a privately-held U.S. software company, founded in 2005 and headquartered in East Syracuse, New York, that provides cloud-based inventory management solutions to independent and multi-location community pharmacies. The company's core product is a SaaS platform that ingests historical dispensing data from a pharmacy's pharmacy management system (PMS) via bi-directional interfaces and applies proprietary forecasting algorithms to predict 30-day forward demand, establish optimized reorder points, and generate daily recommendations for wholesaler returns and store-to-store inventory transfers. Datarithm supplements the core forecasting module with perpetual inventory tracking, intelligent cycle counting (prioritized toward high-value and fast-moving items), DSCSA compliance and serialization features, and a recently-launched Liquidation Engine that matches surplus NDC inventory across customer networks to recover value before expiration.
The platform integrates with major pharmacy management systems including PioneerRx, DRX, Computer-Rx, and Liberty, and interfaces with Kirby Lester KL1Plus counting hardware for automated cycle counts. Datarithm monetizes through a subscription model (case study references indicate roughly $200/month for independent pharmacies, with multi-location and chain pricing scaling upward), supplemented by implementation services including on-site staff training. Distribution combines direct sales led by VP of Sales and Marketing Jennifer Wilcox with channel partnerships through pharmacy buying groups (APRx), pharmacy business development services (Pharmacy Development Services), and PMS referral partnerships. Documented customer outcomes include an average 20% inventory reduction, 4.6-point turn improvement, and sub-3-month payback period.
Datarithm firmographics
Firmographics- Name
- Datarithm
- Legal name
- Datarithm
- Website
- https://datarithm.co
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Datarithm is a cloud-based SaaS provider offering inventory management, perpetual inventory, and demand forecasting software to independent and multi-location community pharmacies across the United States, with bi-directional integrations to major pharmacy management systems.
- Ownership category
- akta.pro rank
Datarithm industry classification
Industry- Product category
- Pharmacy Inventory Management Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Retail-Drug Stores And Proprietary Stores (5912)
- akta.pro primary industry
- Medication Inventory, Procurement & Supply Chain (Pharmacy) (HLACAKAI)
Keywords
Where Datarithm is headquartered
LocationHeadquarters
- HQ city
- East Syracuse
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Datarithm business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Software Subscription: Monthly subscription model for cloud-based pharmacy inventory management software. Based on case study mentioning $200/month investment for pharmacy operations.
- Professional Services: Implementation services including management-level training, staff onboarding, and 1-on-1 store-level training. Implementation fee may be spread over first 3 months of service for APRx members.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard subscription for independent pharmacies |
| Subscription | Monthly | APRx member pricing with extended payment options |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Datarithm product offering
Product offeringCore offering
Datarithm offers a cloud-based pharmacy inventory management platform that uses proprietary algorithms to analyze 24-month dispensing history, forecast 30-day forward demand, and establish optimized reorder points for independent pharmacies. The software provides perpetual inventory tracking, daily wholesaler return and store-to-store transfer recommendations, intelligent cycle counting, and DSCSA compliance support through bi-directional integration with major pharmacy management systems (PioneerRx, DRX, Liberty, Computer-Rx).
Product overview
Datarithm offers a unified cloud-based pharmacy inventory management platform with three core products: Pharmacy Inventory Management (primary platform for demand forecasting and reorder optimization), Perpetual Inventory (real-time stock monitoring integrated with pharmacy management systems), and the Liquidation Engine (add-on module for recovering value from surplus/expired inventory). The platform uses proprietary algorithms to analyze 24-month dispensing history and provides daily and monthly reporting workflows, cycle counting recommendations, and automated return/transfer suggestions. The latest release is Datarithm 3.0 (November 2024).
Differentiator
Problem solved
Functional benefit
Brands
- Liquidation Engine: A feature designed to help pharmacies recover more money from short-dated or expired inventory through faster, transparent path to recoup value from dead stock.
- Datarithm 3.0
Products and services
- Pharmacy Inventory Management Cloud-based inventory management software that uses proprietary algorithms to forecast demand, optimize reorder points, and manage stock levels for independent pharmacies of any size. Provides daily action plans and analytics dashboards for complete inventory control.
- Perpetual Inventory Perpetual inventory solution that continuously measures inventory in real-time through integration with the pharmacy management system, automatically updating on-hand quantities upon delivery and dispensing with automatic replenishment triggers.
- Liquidation Engine Module designed to recover more money from short-dated or expired inventory by identifying surplus in real-time and transferring to other locations within the network or partner pharmacies at full market value rather than waiting for expiration.
- Datarithm 3.0 Latest version of the inventory management solution released November 2024 with new enhancements to streamline pharmacy operations, featuring improved user interface and advanced analytics capabilities.
Quantifiable outcome
- Average 20% inventory reduction
- +5 more outcomes
Companies that use Datarithm
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Datarithm technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability4 records
Feature6 records
Datarithm partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Pharmacy Development Services (PDS)corePDS announced partnership with Datarithm as a new strategic partner. PDS supports independent pharmacy owners with business development services. Partnership provides PDS members access to Datarithm inventory management solutions.
- American Pharmacies (APRx)coreDatarithm is a proud partner of APRx (American Pharmacies). Offers special discounts on all Datarithm fees to all APRx members and provides option to spread implementation fee over the first 3 months of service. Joint marketing to APRx member pharmacies.
- PioneerRxcoreDatarithm integrates with PioneerRx pharmacy management system. PioneerRx refers customers to Datarithm and provides bi-directional data interface for inventory synchronization. One of several PMS integrations including DRX, Liberty, Computer-Rx.
- ComputerTalkminorDatarithm featured in multiple ComputerTalk magazine articles covering inventory management best practices, case studies, and industry trends. Editorial coverage in November/December 2018, 2019, 2020, and 2023 editions.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Datarithm competitors and assessment
Company assessmentBroad incumbents
- Cardinal Health: Cardinal Health is a major pharmaceutical wholesaler serving independent pharmacies via its retail pharmacy solutions and inventory management tools, operating at the intersection of distribution and pharmacy software.
- McKesson: McKesson is the largest US pharmaceutical distributor and offers pharmacy management and inventory services through its PharmacyRx and enterprise pharmacy software portfolio, making it a broad incumbent in the same customer workflow.
- RedSail Technologies (QS/1, Computer-Rx, Liberty): RedSail owns QS/1, Computer-Rx, and Liberty — three of the PMS platforms Datarithm integrates with. As a much larger, private-equity-backed pharmacy software roll-up, it represents both a distribution partner and a credible threat to standalone inventory add-ons.
Direct peers
- ScriptPro: ScriptPro provides pharmacy automation, dispensing robotics, and inventory management software for retail and hospital pharmacies, overlapping directly with Datarithm's perpetual inventory and forecasting use cases.
- PioneerRx (Bluesight): PioneerRx is the leading independent-pharmacy management system with bi-directional integration to Datarithm. It is the most strategically important comparable — both a key channel partner and a potential competitor if it builds native inventory intelligence.
- BestRx: BestRx is a pharmacy management system serving independent pharmacies with built-in inventory, purchasing, and workflow features — a direct functional competitor to Datarithm at the PMS layer.
- RxSafe: RxSafe manufactures pharmacy automation and inventory counting/storage systems with accompanying software. While more hardware-led, its technology targets the same inventory accuracy and cycle-counting outcomes Datarithm delivers in software.
- Capsa Healthcare (Kirby Lester): Capsa Healthcare's Kirby Lester division is a Datarithm integration partner for pharmacy counting devices and provides adjacent cycle-count and inventory workflow software to independent pharmacies.
- ARxIUM: ARxIUM (formed from TCGRx and Intelligent Hospital Systems) provides pharmacy automation, counting, and inventory management solutions targeted at retail and hospital pharmacies, comparable in workflow scope.
Others
- Pharma Logistics: Pharma Logistics specializes in pharmaceutical reverse distribution and expired/short-dated drug returns — closely related to Datarithm's Liquidation Engine value proposition and the same wholesaler return workflows Datarithm automates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Datarithm social profiles
Digital presenceDatarithm financial estimates
Financial estimateRevenue estimate
Valuation estimate
Datarithm leadership team
Management profileNumber of profiles
Profiles2 records
Datarithm funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Datarithm 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 Datarithm
What does Datarithm do?
Datarithm offers a cloud-based pharmacy inventory management platform that uses proprietary algorithms to analyze 24-month dispensing history, forecast 30-day forward demand, and establish optimized reorder points for independent pharmacies. The software provides perpetual inventory tracking, daily wholesaler return and store-to-store transfer recommendations, intelligent cycle counting, and DSCSA compliance support through bi-directional integration with major pharmacy management systems (PioneerRx, DRX, Liberty, Computer-Rx).
Is Datarithm a public or private company?
Datarithm is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Datarithm founded?
Datarithm was founded in 2005. It employs 1 to 10 people.
Where is Datarithm based?
Datarithm is headquartered in East Syracuse, United States, in the North America region.
How does Datarithm make money?
Two revenue lines are on record. Software Subscription is the primary driver. The others are professional Services.
Who are Datarithm's main competitors?
Broad incumbents on record are Cardinal Health, McKesson and RedSail Technologies (QS/1, Computer-Rx, Liberty). Direct peers are ScriptPro, PioneerRx (Bluesight), BestRx, RxSafe, Capsa Healthcare (Kirby Lester) and ARxIUM. Pharma Logistics is listed as an others.
Does Datarithm have an API?
No public API is recorded for Datarithm.
What industry is Datarithm in?
Datarithm's product category is Pharmacy Inventory Management Software. Its primary akta.pro industry code is HLACAKAI, Medication Inventory, Procurement & Supply Chain (Pharmacy). Its NAICS code is 51821 and its SIC code is 5912.