Rightway Healthcare
Albuquerque, US · Founded 2017 · 567 employees on LinkedIn · 5 known investors
Rightway Healthcare is a pharmacy benefits manager (PBM) built by pharmacists that operates on a transparent, 100% pass-through fee model rather than profiting from rebates. The company serves employers and health systems by providing clinical care navigation, personalized member support, and cost optimization for prescription drug benefits.
Founders & leadership
Rightway Healthcare was founded in 2017 by Jordan Feldman.
JF
Jordan FeldmanFounder
TF
Theodore FeldmanExecutive
JL
Jonathan LockerNamed on SEC filing
Board
KZ
Investors · 5
Reported raises · per SEC filings
Form D private placements$205.8M disclosed across 4 rounds · 2019–2024
▶$108.7MraisedMar 2024 · 14 investors · Other Health CareRule 506(b)
▶$108.7MraisedMar 2024 · 14 investors · Other Health Care
Rule 506(b)Officers, directors & promoters on the filing
- Kareem ZakiDirector
- Theodore FeldmanExecutive Officer, Director
- Michael LyntonDirector
- Samir KaulDirector
- Jonathan LockerDirector
- Jordan FeldmanExecutive Officer, Director
- Amount sold
- $108.7M
- Proceeds to insiders
- $2.5M
- First sale
- Mar 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$69.2MraisedApr 2021 · 9 investors · Other Health CareRule 506(b)
▶$69.2MraisedApr 2021 · 9 investors · Other Health Care
Rule 506(b)Officers, directors & promoters on the filing
- Jonathan LockerDirector
- Jordan FeldmanExecutive Officer, Director
- Theodore FeldmanExecutive Officer, Director
- Kareem ZakiDirector
- Offering amount
- $100M
- Amount sold
- $69.2M
- First sale
- Mar 2021
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$19.2MraisedNov 2019 · 6 investors · Other Health CareRule 506(b)
▶$19.2MraisedNov 2019 · 6 investors · Other Health Care
Rule 506(b)Officers, directors & promoters on the filing
- Jordan FeldmanExecutive Officer, Director
- Jonathan LockerDirector
- Kareem ZakiDirector
- Theodore FeldmanExecutive Officer, Director
- Offering amount
- $20M
- Amount sold
- $19.2M
- First sale
- Nov 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$8.6MraisedMar 2019 · 37 investors · Other Health CareRule 506(b)
▶$8.6MraisedMar 2019 · 37 investors · Other Health Care
Rule 506(b)Officers, directors & promoters on the filing
- Jordan FeldmanExecutive Officer, Director
- Jonathan LockerDirector
- Theodore FeldmanExecutive Officer, Director
- Offering amount
- $10.7M
- Amount sold
- $8.6M
- Minimum investment
- $10K
- First sale
- Feb 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlap
Smithrx259 shared keywordsSmithRx operates a pharmacy benefits management platform that aims to reduce complexity and costs in pharmacy benefits through transparency and technology. The company serves healthcare organizations and patients navigating the U.S. pharmacy benefits system.
Judi233 shared keywordsJudi Health provides technology for pharmacy and medical benefit administration, including a pass-through pharmacy benefit manager (Judi Rx), unified health benefit administration, and an enterprise health platform (Judi) for managing claims, benefits, and operations. It serves self-funded employers, municipalities, unions, hospitals, health plans, PBMs, TPAs, and health benefits brokers and consultants.
HealthPartners216 shared keywordsHealthPartners is a health system and health insurance organization that provides medical care and coverage while working to reduce health disparities in the communities it serves. It focuses on advancing health equity in chronic disease care, preventive screenings, and maternal and child health.
Cvshealth210 shared keywordsCVS Health is a health care company that connects people to care through insurance plans, retail and specialty pharmacies, prescription delivery, walk-in appointments, and a pharmacy benefit manager. It serves individuals and families in the United States, offering services to manage chronic conditions, mental and physical well-being, and access to affordable medications.
Companies competing with Rightway Healthcare for the same Google search keywords, organic and paid, via search-intersection analysis.
Frequently asked questions
- What does Rightway Healthcare do?
- Rightway Healthcare is a pharmacy benefits manager (PBM) built by pharmacists that operates on a transparent, 100% pass-through fee model rather than profiting from rebates. The company serves employers and health systems by providing clinical care navigation, personalized member support, and cost optimization for prescription drug benefits.
- Who founded Rightway Healthcare?
- Rightway Healthcare was founded by Jordan Feldman in 2017.
- Who are Rightway Healthcare's investors?
- Rightway Healthcare's investors include Ineffable Ventures, Khosla Ventures, SemperVirens Venture Capital, Vine Ventures, Thrive Capital.
- How much funding has Rightway Healthcare raised?
- Rightway Healthcare has disclosed $205.8M raised across 4 rounds.
- Where is Rightway Healthcare headquartered?
- Rightway Healthcare is headquartered in Albuquerque, US.