SmithRx
SmithRx is a data & analytics company in San Francisco, United States, founded in 2016. It has raised $92.0M across 4 rounds, most recently a $60.0M Series C in January 2024.
Radically Transparent Pharmacy Benefits
- 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.
Indexed holds 4 funding rounds and 6 investors for this company. The full record is or through the API.
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
It lists 501–1000 employees. 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
3 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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