RxLightning has added a new executive responsible for growth.
The New Albany, Indiana-based startup hired Kathleen Bresette in April as its first chief revenue officer, the company confirmed to Business First.
Bresette is a health care industry veteran, most recently working as vice president of business development and client strategy at Rockville, Maryland-based health tech firm DrFirst Inc., where she built the company’s pharmaceutical sales division, Bresette said in an interview. She was previously chief revenue officer at Reading, Massachusetts-based Physicians Interactive, now known as Aptus Health.
At RxLightning, Bresette will be responsible for revenue generation, business development provider growth and sales, including building a sales team, she said. Bresette, who worked with RXLighting CEO Julia Regan at DrFirst, will work remotely from Massachusetts.
“[Regan] and I have had conversations since the start of the company and I loved her vision and loved the direction she was going. I was kind of a sideline cheerleader,” Bresette said. “As funding became available and she was ready to build out teams, it was perfect timing [for me to join].”
That funding came in the form of a $17.5 million round of funding in April, bringing RxLightning’s total capital raised to $20.5 million since its founding in 2020.
Bresette’s hire is the latest milestone in RxLightning’s rapid growth. Last month, the company opened its new 8,000-square-foot office, at 227 Peal St. in New Albany, Indiana. RxLightning received $4 million in tax credits from the Indiana Economic Development Corp. based on the company’s plan to add 175 jobs to the region over the next few years. The company currently has more than 40 employees.
The company, co-founded by Regan and CTO Brad Allen, offers a free-to-provider digital platform that streamlines the specialty medication enrollment process for every specialty medication in every therapeutic area, helping to reduce paperwork, eliminate mistakes, streamline communication and accelerate the time to life-altering therapies for patients.
"You have a person who is in charge of the company who is brilliant. Who just sees the process of how to fix [specialty medication] in her head and she's loyal to building a business in Louisville and building up the economy in New Albany," Bresette said. "We're going to change the world of health care, for sure."
