Ostro: Raises Additional $45M in Funding

Date:

Share post:

Ostro Raises Additional $45M in Funding

  • Ostro (FKA RxDefine), a Miami, FL-based healthcare engagement platform provider, raised an additional $45m in funding
  • Backers included Founders Fund, Byers Capital, Caffeinated Capital, Greycroft, Bling Capital, Trust Ventures, and RRE Ventures
  • The company, which has raised over $55m in total funding, intends to use the funds to expand operations and its business reach
  • The company is a healthcare engagement platform for consumers and HCPs
  • In 2022, the company increased its overall employee base by 50% and grew its annual revenue by over 250%
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
spot_img

Related articles

Top Cybersecurity Incidents of 2025: Key Lessons for the Fintech Industry

Exploring major cybersecurity breaches and their implications for fintech. Highlights: Overview of significant cybersecurity breaches in 2025.Key lessons learned...

Citigroup Exits Russia with $12 Billion Loss in Operations Sale

A significant move in Citigroup's strategy amidst geopolitical tensions. Highlights: Citigroup announces the sale of its remaining operations in...

Key Fintech Trends to Watch in 2025: Innovations and Opportunities

Discover the major fintech developments shaping the industry in 2025. Highlights: Growing adoption of AI technology in financial services.Increased...

Lloyds to Cease Invoice Financing Services According to FT Reports

A significant shift in Lloyds' financial services strategy amid changing market conditions. Highlights: Lloyds Bank plans to shut its...