Oration

insurtechsoftware/whitelabel/apis (insurtech)

STATUS: Closed
FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 01/05/2020

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About

Oration focuses on enabling large self Insured employers and state players to manage their healthcare spend and helps in optimizing the delivery system. Company's software OrationRx instantly analyzes thousands of prescription pricing options based on an employee’s insurance plan, drug safety, efficacy requirements, cost and location preferences, and it distils recommendations to simple, one-click choices.

Focus

PRODUCTS & SERVICES

Provide platform OrationRx to Make Prescription Management Easier and More Affordable.

REVENUE MODEL

Pricing options based on an employee's insurance plan

MAIN CLIENTS

Global Business Development AWS Marketplace and Catalog Services

Healthiest You

CommonWell Health Alliance

Evidation Health

Everseat

ASIMOV

PillPack

Microsoft

PillPack

Doctor on Demand

PRIMARY PROBLEM SOLVED

Helps the user in saving money on the prescriptions by giving them the best prices available in US.

COMMENT

Oration’s algorithms and predictive analytics engines work through millions of combinations of data to optimize a “best-alternative” savings customization for each individual user based on their prescription drug needs, and personal preferences.

People

FOUNDERS

Darin Buxbaum

BOARD MEMBERS AND ADVISORS

Tom Glocer

Kevin Knopf

NUMBER OF EMPLOYEES

51-200

Momentum

FUNDED

YES

TOTAL FUNDING

$12.2 M

DATE OF LAST FUNDING

2015

SEED & PRIOR FUNDING

$1 M

SEED CLOSED ON

Jun 2014

FUNDING SERIES

SERIES A  · $11.2 M  · Dec 2015

LISTED

NO

BASICS

STATUS:

Closed

FOUNDING YEAR:

2012

LOCATION:

United States

Views:

83 VISITORS | 182 VIEWS
LATEST FUNDING ROUND

$12.2 M

TOTAL EMPLOYEES
51-200

About

Oration focuses on enabling large self Insured employers and state players to manage their healthcare spend and helps in optimizing the delivery system. Company's software OrationRx instantly analyzes thousands of prescription pricing options based on an employee’s insurance plan, drug safety, efficacy requirements, cost and location preferences, and it distils recommendations to simple, one-click choices.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
People+
Other+

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