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GoodRx
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Provides prescription drug price comparisons and discounts
GoodRx
Work Here?
Provides prescription drug price comparisons and discounts
About GoodRx
Industries
Biotechnology
Healthcare
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Santa Monica, California
Founded
2005
Overview
GoodRx helps people save money on prescription medications by providing access to discounts and coupons. Users can search for their prescribed drugs on the GoodRx website or app, compare prices at various pharmacies, and obtain coupons to use at the pharmacy for lower prices. GoodRx partners with over 70,000 pharmacies across the U.S. to offer these discounts. The company earns revenue through referral fees from pharmacies when users redeem coupons, and it also offers a subscription service called GoodRx Gold for additional savings. GoodRx aims to make healthcare more affordable and accessible while ensuring user privacy and data security.
Simplify's Take
What believers are saying
- Telehealth market growth offers GoodRx opportunities to expand beyond prescription discounts.
- AI-driven personalized medicine can enhance GoodRx's prescription discount offerings.
- Pharmacy automation technologies can improve GoodRx's e-commerce platform efficiency.
What critics are saying
- Increased competition from digital health platforms could erode GoodRx's market share.
- Pharmacy deserts may limit GoodRx's ability to reach underserved consumers.
- Regulatory scrutiny over drug pricing transparency could challenge GoodRx's operations.
What makes GoodRx unique
- GoodRx offers a unique e-commerce platform for retail pharmacies, enhancing prescription shopping.
- The company provides significant savings on medications through its GoodRx Gold subscription service.
- GoodRx's partnerships with major retailers like Hy-Vee expand its reach and customer base.
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Funding
Total Funding
$1201.5M
Above
Industry Average
Funded Over
3 Rounds
SV Angel
Founders FundBenefits
Medical, dental, and vision insurance
401(k) with a company match
ESPP
Unlimited vacation
"Take care of yourself" days
11 paid holidays
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 1%In March, GoodRx appointed two senior executives: Aaron Crittenden as president of Rx Marketplace, and Scott Pope, PharmD, as chief pharmacy officer and head of clinical engagement.
GoodRx partners with Hy-Vee to enhance online prescription shopping.
GoodRx first introduced its e-commerce capabilities last fall with the launch of a direct-to-consumer shopping experience for Opill, the first over-the-counter birth control pill.
GoodRx has launched an eCommerce experience for retail pharmacies in collaboration with grocery chain Hy-Vee. With this new tool, announced Thursday (April 3), GoodRx will check inventories when a consumer searches for medication, determining whether it’s available at the pharmacy and can be purchased online. The company will then validate the prescription and complete the order after the consumer pays the GoodRx price online, either via credit card or a pay-later option
GoodRx rolls out new e-commerce experience for retail pharmacies.
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About GoodRx
Industries
Biotechnology
Healthcare
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Santa Monica, California
Founded
2005
There are no jobs for GoodRx right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to GoodRx