Wellington Management and General Catalyst to invest $400m in Capital Rx.

Wellington Management, an asset manager, and General Catalyst, a venture capital firm, agreed to invest $400m in Capital Rx, an enterprise health technology company and benefit administrator, with participation from Generation Investment Management, Goldman Sachs Alternatives, 9Yards Capital, B Capital, Edison Partners, Prime Health Investments, and Transformation Capital. "Judi Health is rewriting the playbook for how benefits are delivered. By combining a transparent PBM model with a scalable, AI-powered platform, they're building the infrastructure for the next generation of health benefit administration. Employers are demanding better solutions, and Judi Health is uniquely positioned to meet that moment," Joshua Sommerfeld, Wellington Management Healthcare Sector Lead.