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Xevant
Lehi, US · Founded 2017 · Delaware corporation · 30 employees on LinkedIn · 5 known investors
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Xevant offers an automated data analytics and reporting platform for pharmacy benefit organizations, using AI to standardize diverse data formats, analyze pharmacy claims, and generate reports and repricing outputs. It serves payers, PBMs, TPAs, consultants, and brokers across the pharmacy benefits ecosystem.
Founders & leadership
Xevant was founded in 2017 by Brandon Newman.
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Brandon NewmanCEOBrandon Newman is founder and CEO of Xevant, which provides automated data analytics and reporting for pharmacy benefit organizations using AI to standardize claims data and generate analytics. He previously founded VerX.
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PETE TANTILLONamed on SEC filing
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JEFF LININGERNamed on SEC filing
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DANIEL TELFORDNamed on SEC filing
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DON DEGOYLERNamed on SEC filing
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NICK CONWAYNamed on SEC filing
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MARK LEWANDOWSKINamed on SEC filing
Board
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Investors · 5
HCAP Partnerslisted by HCAP PartnersLa Jolla · $5M – $35M
How we know: HCAP Partners's portfolio page · funding news · press coverage · Not right? Tell us
Tech Council Ventureslisted by Tech Council VenturesSummit · $500K – $3M
How we know: Tech Council Ventures's portfolio page · funding news · press coverage · Not right? Tell us
Boston Millennia PartnersreportedBoston · $3M – $5M
How we know: funding news · Not right? Tell us
Martinson VenturesreportedPennsylvania · $2M – $15M
How we know: funding news · Not right? Tell us
TCVreportedMenlo Park · $10M – $500M
How we know: funding news · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$17.2M disclosed across 3 rounds · 2020–2024
▶$9.1MraisedFeb 2024 · 12 investors · Other TechnologyRule 506(b)
▶$9.1MraisedFeb 2024 · 12 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- JIM GUNTONDirector
- PETE TANTILLOExecutive Officer
- MARK LEWANDOWSKIDirector
- NICK CONWAYDirector
- DON DEGOYLERDirector
- DANIEL TELFORDExecutive Officer
- BRANDON NEWMANExecutive Officer, Director
- Offering amount
- $9.1M
- Amount sold
- $9.1M
- First sale
- Feb 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5MraisedOct 2023 · 1 investors · Other TechnologyRule 506(b)
▶$5MraisedOct 2023 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- PETE TANTILLOExecutive Officer
- JEFF LININGERExecutive Officer
- DANIEL TELFORDExecutive Officer
- JIM GUNTONDirector
- DON DEGOYLERDirector
- NICK CONWAYDirector
- BRANDON NEWMANExecutive Officer, Director
- MARK LEWANDOWSKIDirector
- Offering amount
- $5M
- Amount sold
- $5M
- First sale
- Sep 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3.1MraisedDec 2020 · 5 investors · Other TechnologyRule 506(b)
▶$3.1MraisedDec 2020 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Brandon NewmanExecutive Officer
- Alan KelloggDirector
- Offering amount
- $5M
- Amount sold
- $3.1M
- Sales commissions
- $250K
- Placement agents
- Rockland Securities, LLC
- First sale
- Dec 2020
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Companies working in the same space as Xevant.
In the news
Frequently asked questions
- What does Xevant do?
- Xevant offers an automated data analytics and reporting platform for pharmacy benefit organizations, using AI to standardize diverse data formats, analyze pharmacy claims, and generate reports and repricing outputs. It serves payers, PBMs, TPAs, consultants, and brokers across the pharmacy benefits ecosystem.
- Who founded Xevant?
- Xevant was founded by Brandon Newman in 2017.
- Who are Xevant's investors?
- Xevant's investors include HCAP Partners, Tech Council Ventures, Boston Millennia Partners, Martinson Ventures, TCV.
- How much funding has Xevant raised?
- Xevant has disclosed $17.2M raised across 3 rounds.
- Where is Xevant headquartered?
- Xevant is headquartered in Lehi, US.