SmithRx
Radically Transparent Pharmacy Benefits
San Francisco, United States · Founded 2016 · $92.0M raised
- Headquarters
- San Francisco, California
- Employees
- 501–1000
- Founded
- 2016
- Business Model
- B2B
- Website
- smithrx.com
- Total Funding
- $92.0M
- Last Round
- $60.0M Series CJan 2024
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
SmithRx is a pharmacy benefits manager dedicated to reducing the complexity and costs of prescription coverage for employers and patients through radical transparency and technology. The company delivers affordable medications with clear data, no hidden fees, and a model that points every incentive toward the lowest-cost drug. Founder Jake Frenz built SmithRx after navigating cancer treatment and specialty medications for his family. SmithRx is a founding member of Transparency-Rx, a coalition advocating for prescription drug pricing reform.
Summary
SmithRx is a Data & Analytics company based in San Francisco, United States, founded in 2016. It has raised $92.0M in total across 4 rounds, most recently a $60.0M Series C round in Jan 2024. Investors include Venrock, Founders Fund and Blumberg Capital.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Jan 2024
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Funding: Seed through Series C. Amounts, valuations, and investors where available.
Investors
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