Free Market Health Overview
- Year Founded
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2019
- Status
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Private
- Employees
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145
- Latest Deal Type
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Series B
- Latest Deal Amount
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$20M
- Investors
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4
Free Market Health General Information
Description
Developer of a care-driven marketplace designed to improve the specialty pharmacy ecosystem. The company's healthcare technology streamlines and orchestrates critical aspects of referral distribution and reimbursement that help identify value drivers and accountabilities for patient referrals and provide access to stratified referrals, enabling patients to have timely access to lifesaving and life-altering medications.
Contact Information
Website
www.freemarkethealth.comCorporate Office
- 40 24th Street
- 6th Floor
- Pittsburgh, PA 15222
- United States
Corporate Office
- 40 24th Street
- 6th Floor
- Pittsburgh, PA 15222
- United States
Free Market Health Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC (Series B) | 01-Nov-2023 | $20M | Completed | Generating Revenue | ||
| 2. Early Stage VC (Series A) | 19-Apr-2022 | Completed | Generating Revenue | |||
| 1. Seed Round | 08-Jun-2020 | $2M | $2M | Completed | Startup |
Free Market Health Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Seed | 2,857,145 | $0.000100 | 8% | $0.7 | $0.7 | 1x | $0.7 | 13.38% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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Free Market Health Comparisons
Industry
Financing
Details
Free Market Health Competitors (1)
One of Free Market Health’s competitors is Inovalon Holdings, a Private Equity-Backed company based in Bowie, MD.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Inovalon Holdings | Private Equity-Backed | Bowie, MD |
Free Market Health Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Free Market Health Patents
Free Market Health Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11361850-B1 | Healthcare service system | Active | 13-Aug-2018 |
Free Market Health Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Free Market Health Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alta Partners | Venture Capital | Minority | ||
| Questa Capital | Venture Capital | Minority | ||
| 653 Investment Partners | Venture Capital | Minority | ||
| Highmark Ventures | Corporate Venture Capital | Minority |
Free Market Health Acquisitions (1)
Free Market Health’s most recent deal was a Merger/Acquisition with Beeline Rx. The deal was made on 22-Apr-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Beeline Rx | 22-Apr-2025 | Merger/Acquisition | Enterprise Systems (Healthcare) |
Free Market Health Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Beeline Rx | PA | 2023 |
Free Market Health FAQs
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When was Free Market Health founded?
Free Market Health was founded in 2019.
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Where is Free Market Health headquartered?
Free Market Health is headquartered in Pittsburgh, PA.
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What is the size of Free Market Health?
Free Market Health has 145 total employees.
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What industry is Free Market Health in?
Free Market Health’s primary industry is Other Healthcare Technology Systems.
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Is Free Market Health a private or public company?
Free Market Health is a Private company.
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What is the current valuation of Free Market Health?
The current valuation of Free Market Health is .
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What is Free Market Health’s current revenue?
The current revenue for Free Market Health is .
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How much funding has Free Market Health raised over time?
Free Market Health has raised $35.5M.
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Who are Free Market Health’s investors?
Alta Partners, Questa Capital, 653 Investment Partners, and Highmark Ventures have invested in Free Market Health.
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Who are Free Market Health’s competitors?
Inovalon Holdings is a competitor of Free Market Health.
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