agelity
Agelity, Inc. operates a freemium prescription drug discount program through a 63,000+ pharmacy network in the U.S., earning transaction fees from participating pharmacies; it serves individual consumers directly and offers the program as a benefit through 100+ partner organizations and associations.
- Company typePrivate
- Founded2001
- Headquarters—
- Headcount—
- GTM typeB2B and B2C
- OfferingServices
What agelity does
Agelity, Inc. is a privately held U.S. pharmacy benefit services company headquartered (per BBB listing) in Melville, New York. Founded in 2001 by a team of IT, finance, and pharmacy benefit professionals, the company's core product is a freemium prescription drug discount program that provides members with negotiated discounts at the point of sale rather than acting as an insurance product or Medicare drug plan. Per the company, the program covers one of the largest pharmacy discount networks in the country, with 63,000+ participating pharmacies spanning nearly every major chain from CVS to Wal-Mart. Pricing is zero-cost to members — no enrollment or periodic fees — with revenue generated through transaction fees paid by participating pharmacies from amounts collected at point of sale.
The technology stack is a web-based platform offering Pharmacy Locator (network search), a real-time Drug Pricing Tool (informational pricing), and Online Enrollment, accessible directly to consumers and through partner organizations. Beyond the consumer discount product, Agelity offers B2B industry services for pharmacy benefit intermediaries — claim reconciliation and billing, real-time drug pricing, and data warehousing and reporting — built through collaborations with pharmacy benefit consultants, TPAs, PBMs, claims processors, and switches. The company serves two primary customer segments: (1) organizations and associations that offer the program as an employee/member benefit (100+ disclosed partners), and (2) individual consumers enrolling directly via the company website.
Go-to-market is dual-channel: B2B distribution through hundreds of groups and associations plus direct-to-consumer website enrollment, with no mobile application. Geographic scope is domestic U.S. with explicit carve-outs — the plan is not available in Washington state and does not constitute minimum creditable coverage under Massachusetts law. No revenue, headcount, funding, or ownership data are disclosed, and there is no public-facing management team identified, leaving Agelity as a small, opaque private operator with a long-tenured but flat disclosure footprint.
agelity firmographics
Firmographics- Name
- agelity
- Legal name
- Agelity, Inc.
- Website
- https://agelity.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Short description
- Agelity, Inc. operates a freemium prescription drug discount program through a 63,000+ pharmacy network in the U.S., earning transaction fees from participating pharmacies; it serves individual consumers directly and offers the program as a benefit through 100+ partner organizations and associations.
- Ownership category
- akta.pro rank
agelity industry classification
Industry- Product category
- Pharmacy Benefit Services
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Retail-Drug Stores And Proprietary Stores (5912)
- akta.pro primary industry
- Pharmacy Benefit Management (PBM) & Pharmacy Network Administration (HLAFALAI)
- akta.pro secondary industry
- Pharmacy Benefit Analytics, Reporting & Employer Consulting (HLAEAKAK)
Keywords
agelity business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Pharmacy Network Fees: Participating pharmacies pay Agelity a fee from amounts collected from members at point of sale. This is a transaction-based revenue model where the company earns a percentage or fee on each prescription filled through its network.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free membership discount program |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels2 records
agelity product offering
Product offeringCore offering
Agelity administers a pharmacy benefit discount program that provides prescription drug cost relief through a network of over 63,000 participating pharmacies, including major chains such as CVS and Wal-Mart. Members access negotiated discount rates at participating pharmacies using web-based tools for pharmacy location, drug pricing, and online enrollment, with the company earning transaction-based fees from participating pharmacies. In addition to the consumer discount program, Agelity offers industry-level services such as claim reconciliation and billing, real-time drug pricing, and data warehousing and reporting to pharmacy benefit consultants, TPAs, PBMs, pharmacies, claims processors, and switches.
Product overview
Agelity is a Pharmacy Benefit Service company offering a discount prescription drug program as its core product. The company provides a suite of web-based pharmacy tools including Pharmacy Locator, Drug Pricing, and Online Enrollment, which work together to help individuals and organizations (hundreds of groups and associations) access prescription drug discounts through one of the largest pharmacy networks in the country with over 63,000 participating pharmacies. Additionally, Agelity offers industry-level services such as claim reconciliation and billing, real-time drug pricing, and data warehousing and reporting for pharmacy benefit consultants, third-party administrators, pharmacy benefit managers, pharmacies, claims processors, and switches.
Differentiator
Problem solved
Functional benefit
Products and services
- Agelity Discount Prescription Drug Program A pharmacy benefit discount program providing prescription drug cost relief through a network of over 63,000 participating pharmacies, including major chains such as CVS and Wal-Mart, offering negotiated discount rates at point of sale. Members pay 100% of the discounted prescription cost at the pharmacy. The plan is not insurance or a Medicare prescription drug plan.
- Claim Reconciliation and Billing An industry tool and service for reconciling pharmacy claims and managing billing processes, built in collaboration with pharmacy benefit consultants, TPAs, PBMs, pharmacies, claims processors, and switches.
- Data Warehousing and Reporting Data management services including warehousing and reporting capabilities for pharmacy benefit industry analysis, developed in collaboration with pharmacy benefit consultants, TPAs, PBMs, pharmacies, claims processors, and switches.
Quantifiable outcome
- Over 63,000 participating pharmacies offering prescription drug discounts
Companies that use agelity
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
agelity technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
agelity partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- CVS PharmacycoreCVS Pharmacy is one of the major pharmacy chains participating in the Agelity discount prescription drug network with over 63,000 participating pharmacies.
- Wal-MartcoreWal-Mart pharmacy is one of the major pharmacy chains participating in the Agelity discount prescription drug network.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
agelity competitors and assessment
Company assessmentDirect peers
- ScriptSave: Provides prescription drug discount programs and pharmacy network services accepted at major U.S. chains. Direct competitor to Agelity with overlapping value proposition around cash-pay prescription savings and group/employer distribution.
- GoodRx: Leading U.S. prescription drug discount platform offering free discount cards accepted at major pharmacies nationwide. Directly competes with Agelity on the same consumer value proposition of cash-pay prescription discounts, with a much larger consumer brand and mobile-first experience.
- SingleCare: Prescription discount card service providing free memberships accepted at major U.S. pharmacies. Closely comparable business model to Agelity with both consumer and partner distribution channels targeting prescription cost relief.
- RxSaver: Operates a prescription drug discount program accepted at major pharmacies, offering free consumer cards and group/employer distribution. Comparable to Agelity in discount card mechanics and pharmacy network model.
- NeedyMeds: Nonprofit offering a free drug discount card accepted at participating pharmacies alongside patient assistance resources. Competes with Agelity for the same consumer use case of accessing discounted prescription prices at point of sale.
- FamilyWize: Operates a free prescription savings card distributed through United Way and community partners to reduce prescription drug costs. Closely mirrors Agelity's association/organization distribution model and consumer discount card mechanics.
- Blink Health: Digital prescription discount platform offering negotiated prices on generic medications through online and in-pharmacy channels. Comparable to Agelity in providing consumer-facing drug price discounts at participating pharmacies.
- Optum Perks (formerly SearchRX): OptumRx-operated prescription discount service providing free discount cards usable at U.S. pharmacies. Comparable to Agelity but backed by a major PBM (Optum), giving it structural pricing and network advantages.
Broad incumbents
- CVS Caremark: One of the largest U.S. pharmacy benefit managers and a major participating pharmacy chain in Agelity's discount network. Provides prescription benefit administration to insurers and employers at massive scale, representing both a key channel partner and a structural competitive threat.
- Express Scripts: Major U.S. pharmacy benefit manager administering prescription drug benefits for health plans and employers. Comparable as a scaled incumbent in the broader pharmacy benefit services space where Agelity operates its discount network and industry tools.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
agelity financial estimates
Financial estimateRevenue estimate
Valuation estimate
agelity leadership team
Management profileNumber of profiles
agelity funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
agelity 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 agelity
What does agelity do?
Agelity administers a pharmacy benefit discount program that provides prescription drug cost relief through a network of over 63,000 participating pharmacies, including major chains such as CVS and Wal-Mart. Members access negotiated discount rates at participating pharmacies using web-based tools for pharmacy location, drug pricing, and online enrollment, with the company earning transaction-based fees from participating pharmacies. In addition to the consumer discount program, Agelity offers industry-level services such as claim reconciliation and billing, real-time drug pricing, and data warehousing and reporting to pharmacy benefit consultants, TPAs, PBMs, pharmacies, claims processors, and switches.
Is agelity a public or private company?
agelity is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was agelity founded?
agelity was founded in 2001.
How does agelity make money?
One revenue line is on record: pharmacy Network Fees.
Who are agelity's main competitors?
Direct peers on record are ScriptSave, GoodRx, SingleCare, RxSaver, NeedyMeds, FamilyWize, Blink Health and Optum Perks (formerly SearchRX). Broad incumbents are CVS Caremark and Express Scripts.
Does agelity have an API?
No public API is recorded for agelity.
What industry is agelity in?
agelity's product category is Pharmacy Benefit Services. Its primary akta.pro industry code is HLAFALAI, Pharmacy Benefit Management (PBM) & Pharmacy Network Administration, with a secondary code of HLAEAKAK, Pharmacy Benefit Analytics, Reporting & Employer Consulting. Its NAICS code is 524292 and its SIC code is 5912.