Xevant

Xevant

Private
Lehi, UtahHealthcare & Life Scienceshttps://xevant.com

Last Round

Series A

Extension

Feb 8, 2024

Total Funding Raised

$17.22M

Company Overview

Xevant is a healthcare technology company that provides a real-time, AI-powered analytics platform for organizations managing pharmacy benefits.

Sector

Healthcare & Life Sciences

Verticals

Healthcare Analytics, Vertical SaaS, Business Intelligence, Workflow Automation, Medical AI

Business Model

B2B

Customer Profile

Subscription SaaS, Data as a Service, Services & Consulting

AI Layer

Application

Keywords

pharmacy benefits optimizationPBM analyticsdrug spend optimizationRx analyticsdrug rebate managementhealthcare analyticspharmacy claims analysisPBM softwarereal-time analyticsPBMTPAvertical SaaSclaims repricingemployer weight loss program

Historical Pricing

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Xevant Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Xevant Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series A ExtensionFeb 8, 2024
DebtMar 14, 2023
Series ADec 29, 2021
Growth EquityJan 6, 2021

Key People

Founding team and executive leadership

Brandon Newman

Chief Executive Officer And Founder

Founding Team

Scott Sorensen

Chief Technology Officer

Executive Team

Xevant Investors

Notable investors and investment history

InvestorRounds
Decathlon Capital PartnersSeries A
Tech Council VenturesSeries A Extension, Growth Equity
Boston Millennia PartnersGrowth Equity
Martinson VenturesGrowth Equity
HCAP PartnersSeries A Extension, Debt

Market signals

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  • Jan 29, 2026

    Named a 2025 Modern Healthcare Best in Business company.

  • Jun 11, 2025

    Launched VerX, a new platform for pharmacy benefit optimization.

Xevant Filings

SEC and related filings with document metadata.

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Xevant Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersLehi, Utah
Employee Range40
Year Founded2017
Last FundingFeb 8, 2024

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