Xevant logo — Xevant leads the RxTech era, using AI to turn pharmacy data...

Xevant

Xevant leads the RxTech era, using AI to turn pharmacy data into action and deliver the lowest net cost.

Founded 2017 United States Lehi, United States 40 employees Series Unknown Total: $8.11M Health Care, Information Technology

General Information

Company Name Xevant
Founded Year 2017
Location United States Lehi, United States +1
Employees 40
Industries Health Care, Information Technology
Funding Stage Series Unknown
Social

Get notified when Xevant moves

Funding, new markets, leadership changes, hiring surges — one e-mail, only when something happens.

Free · no account needed

About Xevant

Xevant, founded in 2017, is at the forefront of the emerging RxTech era. The company specializes in using AI to transform complex pharmacy data into actionable insights that consistently deliver the lowest net pharmacy costs. Operating primarily in the Health Care and Information Technology sectors, Xevant is headquartered in the United States.

With its AI-driven platform, Xevant goes beyond traditional retrospective reporting to offer real-time orchestration of pharmacy benefits. This means continuously identifying opportunities for cost reduction and enhanced outcomes, far beyond mere data analysis. The company's proprietary technology, known as VerX, enables rapid and confident decision-making for plans, employers, and partners, ensuring compounding value over time.

Xevant last received a Venture Round investment on 21 February 2024, with investors such as Tech Council Ventures and HCAP Partners signaling strong market confidence in their innovative approach and leadership in the industry.

Taxonomy: RxTech, Pharmacy Data Analytics, AI in Pharmacy, Pharmacy Benefits Optimization, Cost Reduction Strategies, Real-Time Data Orchestration, PBM Ecosystem Optimization, Intelligent Analytics Platform, Pharmacy Claims Data Analysis, Drug Pricing Analysis, Formulary Analytics, Drug Rebate Analytics, PBM Reporting Tools, Pharmacy Benefit Management, Healthcare Data Execution

Services & Products

VerX Operating System
AI-Driven Pharmacy Benefit Optimization
Real-time Claims and Cost Analysis
Rebate and Contract Management Solutions
Automated Disease and Utilization Management

Target Customers

Pharmacy Benefit Managers (PBMs) Third-Party Administrators (TPAs) Health Plans Consultants and Brokers Employers and Healthcare Payers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 2
Investor
•••• ••••
21 Feb 2024
Venture Round •••••• - 03 Oct 2023
Private Equity Round •••••• 1 •••• •••• 14 Mar 2023
Seed Round •••••• - 29 Dec 2020

Xevant Alternatives & Competitors

View All Alternatives
Xevant vs
PCA Rx®
PCA Rx® United States

Create Better Solutions. Create Healthier Outcomes.™

10 employees
Health Care, Pharmaceutical
Xevant vs
AMCP
AMCP United States

Optimizing Medicine. Improving Lives

231 employees
Health Care
Xevant vs
SmithRx
SmithRx United States

Radically transparent pharmacy benefits.

Series C
409 employees
Health Care, Information Technology

FAQ About Xevant

Xevant leads the RxTech era, using AI to turn pharmacy data into action and deliver the lowest net cost.
Xevant was founded in 2017.
Xevant is headquartered in Lehi, United States.
Xevant operates in the following industries: Health Care, Information Technology.
Xevant has approximately 40 employees.
Xevant has completed 4 funding rounds, raising a total of $8.11M. The latest funding stage is Series Unknown.
Xevant offers: VerX Operating System, AI-Driven Pharmacy Benefit Optimization, Real-time Claims and Cost Analysis, Rebate and Contract Management Solutions, Automated Disease and Utilization Management.
Top alternatives and competitors to Xevant include PCA Rx®, AMCP, SmithRx, PBIRx, SRX. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Xevant and PCA Rx® are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Don't just browse. Track.

Signal Tracker monitors Xevant and millions of companies for funding rounds, hiring surges, product changes, and 40+ signal types — so you never miss an opportunity.

One analytics cookie (Google Analytics). Cookie Policy