RazorMetrics
About RazorMetrics
RazorMetrics is a healthcare technology company based in Austin, Texas, founded in 2018. It specializes in pharmacy cost containment by providing SaaS-based solutions that help reduce prescription drug expenses for health plans, self-insured employers, and pharmacy benefit managers (PBMs). The company has raised $9 million in funding, including a $3 million Series A-II round. RazorMetrics offers a proprietary platform that identifies wasteful drug spending and automates cost-saving interventions. Key features include medication switching to recommend lower-cost alternatives, deprescription to reduce unnecessary medications, deduplication to eliminate duplicate therapies, and polypharmacy management to assist patients on multiple drugs. The platform integrates seamlessly into prescribers' workflows, providing real-time decision support. RazorMetrics emphasizes rapid deployment with zero-cost implementation, achieving full operational readiness in under 60 days. The company operates remotely and promotes sustainability, offering benefits like unlimited time off and comprehensive health insurance.