Waltz Health

Waltz Health

Pharmaceutical marketplace for prescription savings

About Waltz Health

Simplify's Rating
Why Waltz Health is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Healthcare

Company Size

11-50

Company Stage

Series A

Total Funding

$34.4M

Headquarters

Chicago, Illinois

Founded

2021

Overview

Waltz Health operates a marketplace designed to simplify the process of obtaining prescription medications. It addresses the challenges of high costs and lack of transparency in the pharmaceutical industry by allowing consumers to search for and compare prices across various pharmacy cards. This is facilitated through their "Complete Cash Card Solution with Marketplace Search," which helps users find the best prices for their prescriptions. Unlike many competitors, Waltz Health focuses on creating a transparent system that benefits both consumers and pharmacies by driving traffic to participating pharmacies through partnerships. The goal of Waltz Health is to empower consumers with better access to affordable medications while improving the overall efficiency of the pharmaceutical marketplace.

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven medication recommendations align with the trend of personalized healthcare solutions.
  • Partnerships with CerpassRx and Noom expand Waltz Health's reach in specialty drug management.
  • Recent $35.4M funding round supports growth and technological advancements.

What critics are saying

  • Increased competition from established pharmaceutical tech players may challenge market position.
  • Potential regulatory changes could impose additional compliance costs on digital health platforms.
  • Entry into the Medicare market introduces complexities in federal regulations and reimbursement models.

What makes Waltz Health unique

  • Waltz Health leverages AI to offer personalized medication recommendations, enhancing consumer experience.
  • The company integrates blockchain for transparency in the pharmaceutical supply chain.
  • Waltz Health's Marketplace Search technology provides a unique, cost-saving tool for Medicare beneficiaries.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$34.4M

Above

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$35.4M
Waltz Health
$100M
GitHub

Benefits

Competitive compensation

Stock options

Flexible vacation

Medical, dental, vision

401k

Commuter benefits

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

0%

2 year growth

2%
Silverwood Partners
Dec 5th, 2024
Healthcare Private Placement and M&A Transactions Review Week Ending December 1, 2024

Waltz Health: The company raised $17.5 million of venture funding from undisclosed investors on November 27, 2024.

Fierce Healthcare
Nov 7th, 2024
CerpassRx, Waltz Health team up to bring down specialty pharmacy costs

CerpassRx, an independent pharmacy benefit manager, is teaming up with Waltz Health to launch a new AI-powered tool that aims to better manage specialty drug spending.

Morningstar
Oct 21st, 2024
Noom Unveils Two New Enterprise Products to Help Employers Offer, Manage, and Effectively Control GLP-1 Expenses

Noom partnered with Waltz Health to provide direct, cost-effective access to GLP-1 medications, bypassing traditional intermediaries and reducing overall treatment costs for employers.

Yahoo Finance
Aug 26th, 2024
Waltz Health Launches Waltz Connect to Lower Costs of Specialty Medications

Waltz Health launches Waltz Connect to lower costs of specialty medications.

Business Wire
Feb 22nd, 2024
Waltz Health Takes On Medicare Market To Help Part D Members Lower Their Prescription Drug Costs

CHICAGO--(BUSINESS WIRE)--Waltz Health, a digital health company developing smarter, technology-enabled ways to price, distribute and prescribe medications, today announced its entry into the Medicare market. The company will offer health plans that support Medicare beneficiaries customizable configurations of its proprietary Marketplace Search technology, which lowers prescription drug prices for members and improves their experience, while also providing health plans with critical insight into adherence trends. Marketplace Search by Waltz Health is a white-labeled digital search engine that applies AI to a curated mix of discounted drug pricing sources to help healthcare organizations – including health plans, PBMs, pharmacies and self-insured employers – save their populations money when filling prescriptions. For plans that support Medicare beneficiaries, the use cases for Marketplace Search can vary depending on their unique needs and member pain points. It gives health plans a powerful, convenient and seamless tool to assist members in finding savings on covered medications during a coverage gap, finding lower-cost, cash-pay solutions for medication not covered by their plan, and finding patient-assistance programs available to the Medicare population

Recently Posted Jobs

Sign up to get curated job recommendations

Waltz Health is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Waltz Health's jobs every 8 hours, so check again soon! Browse all jobs →