SmithRx
San Francisco, California, United States
How SmithRx hit $11.4M revenue with a 312 person team in 2023.
Provider of a technology platform intended to create the alternative path forward for pharmacy benefits management. The company's technology platform solves complex and inefficient systems to create flexible pharmacy benefit products, ensures proactive account monitoring, provide concierge level service through giving choice, aligning incentives and surfacing insights, enabling customer to improve their care delivery services.
2016
Founded
$11.4M
2023 Revenue
229.6%
YOY
$17.5M
Funding
SmithRx Revenue
In 2023, SmithRx revenue run rate hit $11.4M in revenue.
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2023
SmithRx hit $11.4M in revenue in 2023
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2021
SmithRx hit $2M in revenue in 2021
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2016
SmithRx launched in 2016 with $0 revenue
SmithRx Funding History
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2018
SmithRx raised a of in July, 2018
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2018
SmithRx raised a of in February, 2018
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2017
SmithRx raised a of in March, 2017
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| July, 31 2018 | |||
| February, 11 2018 | |||
| March, 31 2017 |
Team
SmithRx has 312 total employees and 2 sales reps that carry a quota. an engineering team of 3 and a marketing team of 2.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 312 |
| Engineer | 3 (1%) |
| Sales | 2 (1%) |
| Marketing | 2 (1%) |
Founder / CEO
Jake Frenz
Jake founded SmithRx in 2016. Under his direction SmithRx has built a new type of PBM on a modern platform technology. Throughout his time in healthcare he both built the operational infrastructure and teams at the TPA Collective Health as well as led the enterprise healthcare product initiatives at Anthem delivering the first Narrow Network products. Jake is a retired United States Marine Corps Captain, 3rd Battalion, 5th Marines.
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
SmithRx Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Jake Frenz | CEO | [email protected] | - |
SmithRx Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Jake Frenz | CEO | [email protected] | - |
Frequently Asked Questions about SmithRx
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When was SmithRx founded?
SmithRx was founded in 2016.
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How much revenue does SmithRx generate?
SmithRx generates $11.4M in revenue.
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Who is the CEO of SmithRx
The CEO of SmithRx is Jake Frenz.
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How much funding does SmithRx have?
SmithRx raised $17.5M.
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How many employees does SmithRx have?
SmithRx has 312 employees.
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Where is SmithRx headquarters?
SmithRx is headquartered at San Francisco, California, United States
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