GoodRx Holdings, Inc.
American healthcare company founded in 2011, known for prescription drug price comparison and discount services, headquartered in Santa Monica, California.
Company Type
public
Founded
2011
Headquarters
Santa Monica, California, USA
Stock
Nasdaq: GDRX
Revenue
approximately $800 million (FY2024)
Employees
approximately 1,000
Primary Market
United States
About GoodRx Holdings, Inc.
American healthcare company founded in 2011, known for prescription drug price comparison and discount services, headquartered in Santa Monica, California.
History of GoodRx Holdings, Inc.
GoodRx was founded in 2011 by Trevor Bezdek, Doug Hirsch, and Scott Borchert in Santa Monica, California. The founders recognized the complexity and high cost of prescription medications in the United States. They wanted to create a platform that would help consumers find lower prices for their medications. The company launched as a website and mobile app offering price comparison and discount coupons.
The company grew through digital platform development and partnerships with pharmacies. GoodRx partnered with pharmacies across the United States to offer discounts to consumers. The company also developed mobile applications to make price comparison convenient for consumers. GoodRx gained traction through word-of-mouth and digital marketing.
In 2015, GoodRx launched GoodRx Gold, a subscription service offering additional savings and benefits. The subscription model provided recurring revenue and customer loyalty. The company continued to expand its services, adding telehealth and healthcare provider search capabilities.
GoodRx went public in 2020 through an initial public offering on the Nasdaq stock exchange under ticker GDRX. The IPO raised approximately $1.1 billion. The company used the capital to expand its platform and services. GoodRx continued to grow through the COVID-19 pandemic as consumers sought affordable healthcare options.
Recent strategic direction has focused on telehealth and healthcare provider services. GoodRx has expanded its telehealth platform and healthcare provider search capabilities. The company has also focused on partnerships with healthcare providers and insurers. GoodRx continues to innovate in digital healthcare to maintain its market position.
Brands Owned by GoodRx Holdings, Inc.
GoodRx Holdings, Inc. owns 0 brands in our database.
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