United States · Hospital & health care startup

RazorMetrics

RazorMetrics is a healthcare technology company based in Austin, Texas, founded in 2018.

Funding reportedLast round: Undisclosed round

Hospital & health careAustin, United States

About RazorMetrics

RazorMetrics is a healthcare technology company based in Austin, Texas, founded in 2018.

The company provides a cloud-based, AI-powered SaaS platform designed to reduce prescription drug costs for self-funded employers, health plans, and pharmacy benefit managers (PBMs). Their mission is to eliminate the barriers created by high drug costs by automating cost-saving opportunities while ensuring clinical workflow integrity. The proprietary platform integrates seamlessly into existing Electronic Health Record (EHR) systems, allowing prescribers to access personalized, lower-cost therapeutic alternatives without additional steps. Key features include medication switching, deprescription, deduplication, and formulary adaptation. RazorMetrics focuses on a diverse client base, including self-funded employers, health plans, PBMs, and healthcare organizations, while ensuring that physicians remain central to clinical decision-making. The company has experienced significant growth and recognition, being named No. 18 on the 2025 Inc. 5000 list of fastest-growing private companies in America.

What company datasets say RazorMetrics raised

Funding, as reported

Reported in all$9.0Min dollars
Rounds2
Last roundUndisclosed round
Last round size$3.0M
Last round dateApr 2022
Investors listed3
SEC Form D$9.1M sold, 2 filings, last Apr 2022

Founders and team

From the SEC filings it signed: 2 on the team.

  • Siva C MohanExecutive Officer, Directori
  • Tom C DorsettExecutive Officer, Directori

On the board, as filediMark C Groner

The company, in detail

What they build

Known for

drugpricereductionhealth caredeprescriptionai healthcareai-driven savingsinformation technology & servicespharmacy automation softwaremedication switchingdrugspendhospital & health caremedicalpharmacycostcontainmentb2chealthautomated solutionssaas

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Sector
Hospital & health care
Industry code
NAICS 54171, 51321, SIC 8731, 7372
Region
Texas
Full record
Every detail in the company directory

Hospital & health care in United States

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