This Startup Hit A $3.25 Billion Valuation Building Software To Fix Drug Pricing

AJ Loiacono launched Capital Rx eight years ago to break through all the hidden fees in drug pricing. Now with $252 million in new funding, the firm, renamed Judi Health, has broader medical costs in its sights.

AJ Loiacono knew he truly had something after dogfooding his medical benefits administration software on his own company. Not only did he see year-over-year cost savings of 11% for the 1,800 members of the health plan,…