GoodRx is a widely used healthcare platform that helps consumers compare prescription drug prices and access discounts across major pharmacies in the United States. By aggregating real-time pricing and offering coupons, savings programs, and pharmacy discount options, GoodRx simplifies medication affordability and transparency. Millions of users rely on its tools to make informed decisions about prescription costs and reduce out-of-pocket expenses.
What Is GoodRx and What Does It Do?
GoodRx, founded in 2011, is a healthcare platform based in Santa Monica, United States. The company provides tools to compare prescription drug prices and find discounts across thousands of pharmacies.
GoodRx focuses on helping consumers save money through coupons, price-matching options, and pharmacy discount plans.
With a team of 796 employees as of 2022, GoodRx enables users to access medication savings and improve affordability across the U.S. healthcare system.
Its platform aggregates pricing data, offers telehealth services, and provides savings programs used by millions nationwide.
How Much Funding Has GoodRx Raised?
1. Series B
- Amount Raised: $10.3M
- Motivation: To expand pricing tools and enhance product functionality.
2. Series B
- Amount Raised: $9.45M
- Motivation: To strengthen operations and support user growth.
Total Funding Raised: $22.2M
Latest Funding Date: June 2020
Key Investors
1. Upfront Ventures
- Details: A Los Angeles–based venture capital firm backing early-stage consumer and tech startups.
- Investment Focus Areas: Consumer internet, SaaS, healthcare.
- Notable Investments: Ring, Bird, TrueCar.
2. Highland Capital Partners
- Details: A global venture capital firm investing in growth-stage technology and healthcare companies.
- Investment Focus Areas: Healthcare, enterprise software, internet technologies.
- Notable Investments: Imprivata, Clearbanc.
3. SV Angel
- Details: A prominent seed-stage fund supporting transformative technology startups.
- Investment Focus Areas: Consumer tech, healthcare, cloud software.
- Notable Investments: Airbnb, Dropbox, Pinterest.
Where Is GoodRx’s Headquarters?
GoodRx is headquartered in Santa Monica, California, a region known for its strong tech ecosystem, healthcare innovation, and access to top engineering and data talent. The coastal hub supports GoodRx’s growth in consumer health technologies.
What’s Next for GoodRx?
GoodRx aims to broaden its role in healthcare savings by expanding telehealth offerings, forging partnerships with major pharmacy chains, and enhancing real-time price transparency. With millions relying on its tools and strong Series B backing, the company is positioned to continue reducing medication costs and increasing accessibility for consumers nationwide.
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