“JumpStart helped not only by awarding us grant monies, but also with connections and building relationships for expeditious growth to our business.” – Co-Founder Matt Scantland
Founded in 2008 by Matt Scantland and Sam Rajan, CoverMyMeds LLC helps physicians and pharmacists complete Prior Authorization and other insurance coverage determination forms for any drug and almost all drug plans.
JumpStart was an early investor in CoverMyMeds while simultaneously providing the technical assistance and connections necessary to maximize the huge potential of their business. Since JumpStart’s original investment, CoverMyMeds has grown explosively and now operates out of locations in both Highland Heights and Columbus.
In January 2017, the company was acquired by the McKesson Corporation for upwards of $1.1 billion, making CoverMyMeds Ohio’s first tech startup “unicorn.”