/Companies

Rightway Healthcare

Albuquerque, US · Founded 2017 · 567 employees on LinkedIn · 6 known investors

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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.

JFJordan Feldman
Jordan FeldmanCo-Founder and CEO
TFTheodore Feldman
Theodore FeldmanChief Medical Officer and Co FounderTheodore Feldman is a Medical Director at Rightway Healthcare with healthcare industry experience and training from Albert Einstein College of Medicine of Yeshiva University.
JLJonathan Locker
Jonathan LockerMember Board of Directors

Board

KZKareem Zaki
Kareem ZakiCo-Founder (RightwayRx) & Board MemberPartner at Thrive Capital
SKSamir Kaul
Samir KaulBoard MemberInvestor at Khosla Ventures
ML
Michael LyntonBoard director

Investors · 6

Reported raises · per SEC filings

Form D private placements

$360.8M disclosed across 5 rounds · 2019–2026

▶$155MraisedSep 2026 · 6 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Jordan FeldmanExecutive Officer, Director
  • Theodore FeldmanExecutive Officer, Director
  • Jonathan LockerDirector
  • Kareem ZakiDirector
  • Samir KaulDirector
  • Michael LyntonDirector
Offering amount
$155M
Amount sold
$155M
Proceeds to insiders
$22.7M
First sale
Aug 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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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, Nat Turner, SemperVirens Venture Capital, Vine Ventures, Thrive Capital.
How much funding has Rightway Healthcare raised?
Rightway Healthcare has disclosed $360.8M raised across 5 rounds.
Where is Rightway Healthcare headquartered?
Rightway Healthcare is headquartered in Albuquerque, US.