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Company Profiles: Revenue, Growth, Competition

OPTIMIZERX Revenue, Growth & Competitor Profile

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Company Profile & Annual Report for OptimizeRx

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OptimizeRx Fast Facts

Revenue$10 - $50 million    See Exact Annual Revenue
Employees10 - 100Exact Company Size
Primary Industry5411 Legal Services
Additional NAICS Codes541
Address400 Water St, Suite 200
Rochester, MI 48307

www.optimizerx.com
Note: Revenues for privately held companies are statistical evaluations.


OptimizeRx's annual revenues are $10-$50 million (see exact revenue data) and has 10-100 employees. It is classified as operating in the Legal Services industry.


OptimizeRx's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

OptimizeRx Annual Revenue and Growth Rate

OptimizeRx Revenue Est.
($ Million)
Growth Rate (%)# Employees
2017 Details in Premium Report
2016
2015
2014
2013
2012


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: OptimizeRx's revenues are gauged from an analysis of company filings.



Investor Activity

OptimizeRx has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date Investors Percent Raised Target Size
May 11, 2018 6 100%$9 MM
Complete list of funding rounds and total amounts in the Company Report




OptimizeRx's Income Statement (based on Industry Averages)

$ Millions
(Industry Average)
OptimizeRx Revenue (Sales) OptimizeRx Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Trademark Applications

Trademark applications show the products and services that OptimizeRx is developing and marketing. OptimizeRx doesn't have any recent trademark applications, indicating OptimizeRx is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
VOUCHERDVM
Promoting the sale of pharmaceuticals of others by disseminating information concerning pharmaceuticals to physicians via the Internet; business consulting relating to facilitating the prescription and distribution of pharmaceutical samples by physicians via the Internet
04/09/2014
OPTIMIZEHR
Business consulting in the field of electronic health records, namely, facilitating, developing, launching, and implementing advertising and promotional campaigns for others to be distributed with electronic health records; business marketing consultation, namely, promoting the goods and services of others through advertising and promotional campaigns distributed with electronic health records
09/04/2013
OPRX
Downloadable computer software providing electronic pharmaceutical discount coupons, pharmaceutical sample vouchers, prescription savings programs, prescription trial programs, co-pay coupons, electronic patient support tools, pharmaceutical safety information, patient education materials, patient access to drug adherence and savings programs, scheduling of appointments between health care sales representatives and health care providers, pharmaceutical sales representative information, identification of drug formulary coverage, identification of drugs for treating conditions, prescription drug search databases, electronic drug prescriptions, pharmaceutical coupon redemption tracking, pharmaceutical sample tracking, and practice workflow management
09/04/2013

See all trademarks and details in the Full Report.


Recession Risk

Determine whether OptimizeRx grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof OptimizeRx is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



Market Share of Competition: OptimizeRx vs. Largest Competitors

A competitive analysis shows these companies are in the same general field as OptimizeRx, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
TMPA LEGALAustin, TX100 
UFCW LEGAL ASSISTANCE FUNDAtlanta, GA63 
CHG COMPANIESMidvale, UT29 
PROFESSIONAL LAW ENFORCEMENT ATroy, MI24 
CO STATE FRATERNAL ORDER OF POLICEWestminster, CO21 
LATHAM & WATKINSLos Angeles, CA21 




Nearby Competitors

These companies are similar in business line and location to OptimizeRx. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
PLUNKETT COONEY P.C.Bloomfield Hills, MI100 
POTESTIVO & ASSOCIATES A PROFESSIONALRochester, MI52 
LAW OFFICES OF MICHAEL R STILLFarmington Hills, MI25 
TAUBEBloomfield Hills, MI23 
DAWDA MANN MULCAHY & SADLER PLCBloomfield Hills, MI23 
HERTZ SCHRAM PCBloomfield Hills, MI22 




Similar Sized Companies near Rochester

These are similar in size and location to OptimizeRx.

Company HeadquartersRevenue ($ MM)
SUNGLO RESTORATION SERVICESNovi, MI99 
FREIBORNE INDUSTRIESPontiac, MI99 
AVANTI REHAB GROUPWest Bloomfield, MI99 
AGRIDIENTFarmington Hills, MI99 
ANESTHESIA MANAGEMENT SERVICES P.C.Rochester, MI100 
CAR BARClarkston, MI100 
SUPPLYDENRochester Hills, MI98 
HARD ROCK STONE WORKSSterling Heights, MI98 
CANTERBURY ON-THE-LAKEWaterford, MI98 
HORSTMANSterling Heights, MI97 
STONE SOAPSylvan Lake, MI97 
CAMELOT VENTURE GROUPFarmington Hills, MI97 




Fastest Growing Competitors

These companies are in the same general field as OptimizeRx and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
OptimizeRx Competitors