Rightway Overview
- Year Founded
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2017
- Status
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Private
- Employees
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358
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$109M
- Investors
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11
Rightway General Information
Description
Rightway is a developer of care navigation and pharmacy benefit management (PBM) solutions designed to lower healthcare spending by guiding members to optimal care and therapies. Rightway's mission is to use guidance and advocacy to lower costs and improve outcomes for everyone, everywhere by aligning incentive models and inserting clinicians into a member's care journey. Its modern care navigation technology enables clinical guidance at a fraction of the cost of other solutions. Its aligned PBM model drives every prescription to the lowest net cost, minimizing the price of the pill. Rightway's transparent PBM is the only PBM to include care navigation. Concierge pharmacy navigation optimizes drug utilization and supports members at every stage of their prescription journey. Together, the aligned model and pharmacy navigation get medications to their lowest net cost, optimizing how much plan sponsors and members spend on prescription medications.
Contact Information
Website
www.rightwayhealthcare.comCorporate Office
- 55 Hudson Yards
- Floor 29
- New York, NY 10001
- United States
Corporate Office
- 55 Hudson Yards
- Floor 29
- New York, NY 10001
- United States
Rightway Timeline
Rightway Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | 29-Mar-2024 | $109M | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series C) | 30-Mar-2021 | Completed | Generating Revenue | |||
| 4. Angel (individual) | 01-Jan-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 21-Nov-2019 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 27-Feb-2019 | $8M | $10M | Completed | Generating Revenue | |
| 1. Seed Round | 08-Feb-2017 | $2M | $2M | Completed | Generating Revenue |
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Rightway Comparisons
Industry
Financing
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Rightway Competitors (31)
One of Rightway’s 31 competitors is Apree Health, a Private Equity-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Apree Health | Private Equity-Backed | San Francisco, CA | ||||
| Medical Information Technology | Formerly PE-Backed | Canton, MA | ||||
| DarioHealth | Formerly VC-backed | New York, NY | ||||
| OptumRx | Corporate Backed or Acquired | Dallas, TX | ||||
| Sonic Boom Wellness | Private Equity-Backed | Brentwood, TN |
Rightway Related Research & Analysis
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Rightway Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Ineffable Ventures | Venture Capital | Minority | ||
| The Finger Group | Family Office | Minority | ||
| JAWS Estates Capital | Family Office | Minority | ||
| Khosla Ventures | Venture Capital | Minority | ||
| Tiger Global Management | Venture Capital | Minority |
Rightway FAQs
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When was Rightway founded?
Rightway was founded in 2017.
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Where is Rightway headquartered?
Rightway is headquartered in New York, NY.
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What is the size of Rightway?
Rightway has 358 total employees.
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What industry is Rightway in?
Rightway’s primary industry is Other Healthcare Technology Systems.
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Is Rightway a private or public company?
Rightway is a Private company.
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What is Rightway’s current revenue?
The current revenue for Rightway is .
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How much funding has Rightway raised over time?
Rightway has raised $239M.
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Who are Rightway’s investors?
Ineffable Ventures, The Finger Group, JAWS Estates Capital, Khosla Ventures, and Tiger Global Management are 5 of 11 investors who have invested in Rightway.
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Who are Rightway’s competitors?
Apree Health, Medical Information Technology, DarioHealth, OptumRx, and Sonic Boom Wellness are some of the 31 competitors of Rightway.
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