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GoodRx
GoodRx is a Santa Monica-based company founded in 2011. It offers affordable prescription drugs to health consumers. The company has secured $61.5 million in...
GoodRx
GoodRx is a Santa Monica-based company founded in 2011. It offers affordable prescription drugs to health consumers. The company has secured $61.5 million in total funding.
General information
Firm type
other
Location
Region
North America
Country
United States
City
Santa Monica
Corporate office
Santa Monica, CA, United States
Sector focus
Frequently asked questions
Who runs investment decisions at GoodRx?
GoodRx is a publicly traded company, and investment decisions are made by its executive leadership, including CEO Scott Marlette and the board of directors. The company does not operate as a family office or asset manager.
Is GoodRx structured as a family office or does it operate more like a venture firm?
GoodRx is a public digital health company, not a family office or venture firm. It generates revenue through pharmacy transaction fees and subscription services, and its capital allocation is managed internally.
Does GoodRx participate in fund commitments or only direct deals?
GoodRx does not make fund commitments or direct investment deals. As a public company, it primarily allocates capital to its own operations, including platform development and marketing.
What investment stages does GoodRx typically target?
GoodRx does not target investment stages; it is an operating business that provides prescription drug savings and telehealth services to consumers.
Which sectors does GoodRx explicitly avoid?
GoodRx explicitly avoids acting as an insurance company — its website states 'GoodRx is NOT insurance.' The company focuses solely on price transparency and discount services.
How is GoodRx related to its founders?
GoodRx was co-founded by Doug Hirsch, Trevor Bezdek, and Scott Marlette. Hirsch previously worked at Facebook and Yahoo; Marlette serves as CEO. The company went public in 2020.
Does GoodRx maintain philanthropic structures, and how are they separated?
GoodRx has not publicly disclosed any philanthropic foundation or separate charitable entity. Its corporate social responsibility activities, if any, are not a distinct investment vehicle.
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