Capital Rx

Capital Rx is a public benefit corporation offering transparent pharmacy benefit management (PBM). It runs on JUDI, a cloud-based claims-adjudication platform that Judi Health also licenses as SaaS to employers, payers and TPAs. In September 2025 the company rebranded its parent as Judi Health. It announced a $400M investment, including a $252M Series F led by Wellington Management and General Catalyst, at a reported $3.25B valuation. It reports over 4M employer PBM members and 54M health plan lives on its platform, and later reported surpassing 5M contracted PBM lives.