Overview
Capital Rx is a pharmacy benefit manager founded in 2017 [5] with headquarters at 228 Park Avenue South, Suite 87234, New York, NY [2]. The company provides PBM solutions to self-funded plan sponsors including employers, unions, public sector entities, hospitals and health systems, coalitions and TPAs [3]. Its primary product is Judi, a cloud-native enterprise health platform that unifies PBM operations onto a single scalable platform [4], featuring AI-powered care navigation that helps members find care, book appointments and use their benefits [1]. The platform processes real-time claims servicing 180 million lives in a single instance [1]. Capital Rx clients include the Teamsters Health & Welfare Fund of Philadelphia & Vicinity, SoNE Health, Caravus and Capital District Physicians' Health Plan [7]. In September 2025, the company announced a $400 million funding round [9] and rebranded as Judi Health [10]. The company achieved FedRAMP Ready Status in July 2026 [11].
Headquarters at 228 Park Avenue South, Suite 87234, New York, NY [2]
Capital Rx's products are Judi®, "a cloud-native enterprise health platform that unifies PBM operations onto a single scalable platform," the Never Move Again™ unbundled pharmacy benefits solution and the Capital Rx Advantage Program discount card. [4]
Capital Rx states it was founded in 2017. [5]
Business address: 228 Park Avenue South, Suite 87234, New York, NY 10003. [6]
Customers
Capital Rx names the Teamsters Health & Welfare Fund of Philadelphia & Vicinity, SoNE Health, Caravus and Capital District Physicians' Health Plan (CDPHP) as clients. [7]
Growth & traction
Capital Rx publishes 100% implementation satisfaction, a client Net Promoter Score above 90, 99.5% client retention and a member Net Promoter Score above 87, and says Judi is capable of "servicing 180 million lives in a single instance." [8]
On July 30, 2026 the company announced "Judi Health™ Achieves FedRAMP® Ready Status, Enabling Multi-Market Growth Across Federal Healthcare Organizations," and on July 21, 2026 it was "Recognized as 2026 Top Workplace in Healthcare." [11]
Funding history
On September 23, 2025 the company announced a $400 million funding round under the headline "Capital Rx Announces Funding Round of $400M to Accelerate AI-Powered Health Benefits Platform." [9]
Status
- Capital Rx now operates under the Judi Health brand: the September 23, 2025 funding announcement said the company "Rebrands as 'Judi Health' to Reflect Expansion Beyond Pharmacy," and on July 15, 2026 it announced "Judi Health Announces Capital Rx is Now Judi Rx, Launches Judi Care and Judi Cloud." cap-rx.com/insights now redirects to judi.health/insights.[10]
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