Company Overview
About Judi Health
Judi Health (formerly Capital Rx) is a New York-based healthcare technology company that provides transparent pharmacy benefit management (PBM) and unified health benefits administration. Founded in 2017 by CEO AJ Loiacono and CTO Ryan Kelly, the company was built to disrupt the traditionally opaque PBM industry by offering a flat-fee, aligned pricing model that eliminates the hidden rebate economics that drive up drug costs for employers and health plans. In September 2025, Capital Rx rebranded as Judi Health to reflect its expansion beyond pharmacy into comprehensive health benefits.
Business Model & Competitive Advantage
The company's core product suite runs on Judi, a modular, cloud-native SaaS platform that unifies pharmacy, medical, dental, and vision benefit claims under a single workflow engine. Judi Health serves self-insured employers, third-party administrators (TPAs), and health plans — including Fortune 500 companies, major unions, and Medicare/Medicaid plans. With over 4 million employer PBM members and 54 million health plan lives on the platform, the company is one of the fastest-growing transparent PBMs in the US market, projecting $3.7 billion in revenue for 2025, up over 75% year-over-year.
Competitive Landscape 2025–2026
Judi Health raised $400 million in September 2025 — comprising a $252 million Series F led by Wellington Management and General Catalyst, plus secondary market transactions — bringing total funding to $607 million at a $3.25 billion valuation. Investors include Generation Investment Management, Goldman Sachs Alternatives, 9Yards Capital, B Capital, Edison Partners, Prime Health Investments, and Transformation Capital. The company is using the capital to expand its health administration product, pursue R&D, and acquire complementary technologies as it positions itself as the infrastructure layer for the entire US health benefits market.
Key Differentiators
Market Leader
Judi Health is recognized as a market leader in the Healthcare sector, demonstrating strong industry presence and customer trust.
Enterprise Scale
With $3.7B in revenue, Judi Health operates at enterprise scale with proven market validation.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
Similar Brands
Doximity
Doximity is a professional network and digital health platform purpose-built for licensed physicians and other healthcare professionals in the United States. With more than two million verified clinic
Epic Systems
Epic Systems Corporation was founded in 1979 by Judith Faulkner and is headquartered in Verona, Wisconsin, remaining privately held with Faulkner as majority owner. The company develops large-scale el
athenahealth
athenahealth is a cloud-based electronic health records (EHR), medical billing, and practice management company founded in 1997 and headquartered in Watertown, Massachusetts. The company was built on
Zocdoc
Zocdoc operates a two-sided marketplace connecting patients with physicians, dentists, and mental health providers who accept their specific insurance and have real-time appointment availability. Pati
Pfizer
Pfizer is one of the world's largest biopharmaceutical companies, founded in 1849 by cousins Charles Pfizer and Charles Erhart in Brooklyn, New York, and now headquartered in New York City. The compan
Moderna
Moderna is a clinical-stage biotechnology company that pioneered the development of messenger RNA (mRNA) therapeutics and vaccines, founded in 2010 by Noubar Afeyan, Robert Langer, Kenneth Chien, Stép
Compare Judi Health with Competitors
Side-by-side AI visibility scores, platform breakdown, and market position.
Claim This Profile
Are you from Judi Health? Claim your profile to see full AI mention excerpts, get weekly visibility change alerts, and optimize how AI systems describe your brand.
Claim Judi Health Profile →Track AI Visibility in Real Time
Monitor how ChatGPT, Gemini, Perplexity, and Claude mention Judi Health vs competitors. Get alerts when AI recommendations shift.
Start Free Tracking →