Waltz Health

Waltz Health

Pharmaceutical marketplace for prescription savings

About

Waltz Health operates a marketplace designed to simplify the process of obtaining prescription medications for consumers and pharmacies. The company addresses the challenges of high costs and lack of transparency in the pharmaceutical market by offering a solution called the "Complete Cash Card Solution with Marketplace Search." This tool allows users to search and compare prices from various pharmacy cards, helping them find the best deals on their prescriptions. Unlike many competitors, Waltz Health focuses on creating a transparent system that empowers consumers to make informed decisions about their healthcare. The company's goal is to enhance the efficiency of the pharmaceutical supply chain, benefiting both consumers and pharmacies through partnerships that drive traffic and sales.

Company Stage

Series A

Employees

11-50

Industries

Biotechnology, Healthcare

Total Funding

$34.4M

Headquarters

N/A

Founded

2021


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Simplify's Take

What believers are saying

  • The recent $35.4M Series A funding led by GV provides significant financial backing, enabling further innovation and market expansion.
  • The appointment of healthcare veteran Jeff Park as President brings experienced leadership, likely accelerating strategic growth and operational efficiency.
  • Waltz Health's partnerships with pharmacies and other stakeholders drive consumer traffic and sales, creating a mutually beneficial ecosystem.

What critics are saying

  • The highly competitive nature of the healthcare and pharmaceutical markets could limit Waltz Health's ability to capture significant market share.
  • Dependence on partnerships with pharmacies and other stakeholders may pose risks if these relationships falter or if partners develop competing solutions.

What makes Waltz Health unique

  • Waltz Health's focus on creating a transparent pharmaceutical marketplace directly addresses the opaque and fragmented nature of the current supply chain, unlike many competitors.
  • Their 'Complete Cash Card Solution with Marketplace Search' leverages advanced technology to offer consumers the best prices for prescriptions, setting them apart from traditional pharmacy models.
  • The company's entry into the Medicare market with customizable configurations of its Marketplace Search technology showcases its adaptability and commitment to diverse consumer needs.

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Growth & Insights
Headcount

6 month growth

36%

1 year growth

46%

2 year growth

57%

Benefits

Competitive compensation

Stock options

Flexible vacation

Medical, dental, vision

401k

Commuter benefits

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