PlanetRx.com

IPO

AI-Powered Prescription Savings

San Francisco, United States · Founded 1997 · $140.5M raised

Founded
1997
Business Model
B2C
Total Funding
$140.5M
Last Round
$90.5M Venture RoundJan 2000
Rounds
2

About

PlanetRx.com is a free, AI-powered prescription savings platform that helps consumers compare pharmacy prices, find manufacturer coupons, discover generic alternatives, and receive alerts when medications drop in price. The company says Americans overpay about $50 billion annually on prescriptions and that the same drug can cost ten times more at one pharmacy than another nearby. Users search a medication, see prices at pharmacies such as CVS, Walgreens, Walmart, Costco, and Amazon Pharmacy, then compare cash versus insurance options and set refill alerts. PlanetRx is free for patients and states it earns revenue from pharmacy referrals rather than selling consumer data.

Summary

PlanetRx.com is an E-Commerce company based in San Francisco, United States, founded in 1997. It has raised $140.5M in total across 2 rounds, most recently a $90.5M Venture Round round in Jan 2000. Investors include Benchmark, Sequoia Capital and Alpha Venture Capital.

Tech & App Stack

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Funding History

IPOJan 2000

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Venture Round — per-round amounts, valuations, and who invested in each round.

Investors

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