Rightway Healthcare Inc. Asset Profile

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Year established

2017

Location

New York NY US

Primary Industry

Healthcare IT

About

Founded in 2017 and based in New York, US, Rightway Healthcare Inc. operates as a healthcare analytics company that manages pharmacy benefits for patients. The company was co-led by CEO Jordan Feldman and CMO Theodore Feldman. In March 2021, Rightway Healthcare raised USD 100 million in Series C funding led by Khosla Ventures. Rightway Healthcare is a healthcare technology and services company revolutionizing care navigation and pharmacy benefits. Rightway Healthcare launched RightwayRx, a PBM solution that eliminates legacy tactics and misaligned incentives, transforming the model into one. By combining this model with member engagement and expert guidance, the company is delivering the only solution that puts the member at the center. The company plans to use its funding from March 2021 to expand its presence in the employer market and accelerate its advancement across health plans, third-party administrators and other strategic channels, and advance the build of RightwayRx.

Current Investors

Thrive Capital, Khosla Ventures, Tiger Global Management

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Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Web Applications, Analytics & Performance Software, Medical Software

Website

www.rightwayhealthcare.com

Verticals

HealthTech, Mobile Apps

Company Stage

Series D

Total Amount Raised

Subscriber access only

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