SmithRx Stock

SmithRx is reinventing PBMs with modern technology, client alignment, and 100% transparency.

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About SmithRx Stock

SmithRx is a pharmacy benefits partner built on a modern technology platform that creates new levels of flexibility, efficiency, and customer satisfaction. It’s a new path forward that aligns incentives and harnesses data analytics to deliver an exceptional pharmacy benefit product. A San Francisco-based technology company, SmithRx was founded in 2016 to create a cost-competitive PBM that offers clients a proven pass-through model, a single technology platform, concierge-level service, and strong drug cost, rebate, and service level guarantees. The in-house team brings together experience from healthcare companies including Anthem, Collective Health, and Castlight Health, as well as a broader set of technology leaders including Facebook, LinkedIn, Glassdoor, and Docker. Front-line clinicians guide plan execution and member support. Named after a smith, a craftsman, or someone who is precise about their trade. SmithRx embodies these characteristics and brings precision to the pharmacy benefits industry by leveraging technology and data to forge the product of the future.

Funding History

March 2017$3.0M
January 2018$9.0M
July 2018$5.5M
March 2022$20.0M
January 2024$60.0M

Management

Advisor, Angel

Ethan Fassett

Investor

Matt Bornstein

Founder & CEO

Jake Frenz

Technical Architect

David Lawrence

Advisor

Sven Junkergard

Board Observer

Bob Kocher

VP of Revenue

Sam Slaughter

Board Member

Bryan Roberts

Press

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