Site icon pharmaceutical daily

Crux Emerges from Stealth with $6.5 Million in Funding, Launches First-Ever No-Cost Benefit to Make Popular Quality-of-Life Medications More Affordable

MCLEAN, Va.–(BUSINESS WIRE)–Crux, the first benefits platform partnering with big pharma and employers of all sizes to expand transparent and affordable access to transformative quality-of-life (QoL) medications, today announced its public launch with $6.5 million in pre-seed funding from Red Cell Partners, a venture studio that builds rapidly scalable, technology-led companies that are bringing revolutionary advancements to market in critical industries like healthcare.


U.S.-based employers can join Crux’s waitlist at getcrux.com to learn more about the upcoming medications Crux will be offering and begin onboarding their organizations and employees. Employers will be able to make their configuration choices in January, and the first prescriptions will be delivered in or before February 2026.

By combining employers’ non-taxed subsidies with employee dollars, Crux becomes the first benefits platform to bring high-demand QoL therapies—popular, yet expensive, medications and treatments that typically require ongoing use to support overall health and wellbeing, but are often not covered by insurance—within financial reach of those who desire them.

Crux, founded in 2024, will partner with global pharmaceutical manufacturers to give American employers access to QoL medications at significantly discounted rates with no markups or hidden fees. The Crux platform will enable:

“The economics of integrated pharmacy benefits have been working against U.S. employers and beneficiaries for far too long, keeping breakthrough medications out of reach for most Americans. It’s time for that to change,” said Crux Co-founder and CEO Chip Nash. “Crux delivers significant value for our nation’s forward-thinking employers, giving them the unique opportunity to meet unprecedented levels of demand from employees with thoughtful, employer-sponsored programs that deliver better economic terms, allow for flexibility, and empower employees with more choice when it comes to their health and wellbeing.”

The Crux team brings extensive experience scaling employer benefits programs, having previously led and expanded similar offerings at Rally Health, one of the first consumer-centric digital health companies, which was acquired by UnitedHealth Group in 2017. The Crux team is led by:

“After scaling Rally to over $1 billion in revenue, I learned that the hardest problems in healthcare aren’t clinical, they’re structural. With the popularity of medications like GLP-1s soaring among employees for not just weight loss but addiction, sleep, and more, these miracle drugs may well be the greatest medicine to come along since the discovery of penicillin. Employers want to meet the demand, but the existing infrastructure makes it impossible. Red Cell incubated Crux to build a chassis that works,” said Verstandig, who is also the founder and CEO of Red Cell Partners. “Crux exemplifies the Red Cell thesis: a massive market failure—where 160 million Americans are unable to access the quality-of-life medications they desperately want—is addressed by a team with a proven playbook for building employer-sponsored programs at massive scale. Chip, Naimish, and I did this before at Rally, and now we’ve set our sights on doing it again at Crux to create an asymmetric opportunity in a category where the incumbents have failed to meet market needs.”

Interested employers can join the waitlist at getcrux.com

About Crux

Crux is a benefits and lifestyle engagement platform partnering with big pharma and employers of all sizes to make transformative medications affordable and accessible. By negotiating significant pricing discounts directly with drug manufacturers, Crux provides employers with a comprehensive, easy-to-implement solution and empowers employees to access the medicines they want most. Visit us at getcrux.com and follow us on social media (LinkedIn, X, Instagram).

About Red Cell Partners

Red Cell Partners is a venture studio building rapidly scalable technology-led companies that are bringing revolutionary advancements to market in healthcare, cyber, and national security. United by a shared sense of duty and deep belief in the power of innovation, Red Cell is developing powerful tools and solutions to address our Nation’s most pressing problems. Visit us at redcellpartners.com and follow us on social media (LinkedIn, X, Instagram).

Contacts

Media Contact
Ryan Whittle

Director of Communications and Media

press@redcellpartners.com

Exit mobile version