GoodRx

Santa Monica, CA, USA Healthcare Public

GoodRx is a consumer-focused digital healthcare platform that provides prescription drug pricing transparency and discounts. The company aggregates prices from a network of more than 70,000 U.S. pharmacies and issues free coupons that consumers, whether insured, uninsured, or underinsured, can use at the pharmacy counter to obtain discounted cash prices on prescription medications. Beyond prescription savings, GoodRx has expanded into adjacent healthcare services including telehealth (GoodRx Care, built on the 2019 HeyDoctor acquisition), a manufacturer-sponsored solutions business that partners with pharma brands on patient affordability programs, and a subscription product (GoodRx Gold). The company monetizes primarily through fees paid by pharmacy benefit managers (PBMs) when consumers fill prescriptions using GoodRx codes, as well as via advertising and subscription revenue. Founded in 2011 by Doug Hirsch, Trevor Bezdek, and Scott Marlette, GoodRx is headquartered in Santa Monica, California and went public on the NASDAQ Global Select Market on September 23, 2020 under the ticker GDRX.

Public Company

GoodRx is publicly traded

IPO'd on September 23, 2020

GDRX NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under GDRX.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2011

Employees

700–1,100

Total Funding

$1.14B

4 rounds

Last Private Valuation

$2.8B

August 6, 2018

Funding

Total raised $1.14B across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 05-21-2026

Latest Round

Type

IPO

Date

September 23, 2020

Amount

$1.14B

Valuation

$12.7B

Lead Investors

Morgan StanleyGoldman SachsJ.P. MorganBarclays
DateRoundAmount RaisedValuationLead Investors
September 23, 2020 IPO $1.14B $12.7B Morgan Stanley, Goldman Sachs, J.P. Morgan +1 more
August 6, 2018 Private Equity Undisclosed (Silver Lake acquired approximately one-third stake) $2.8B Silver Lake
October 7, 2015 Series B / Growth Equity Undisclosed Francisco Partners, Spectrum Equity

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 5x IPO 2019 2020 GoodRx

Entry · Private Equity

$2.8B

Aug 2018

GoodRx today

$12.7B

Sep 2020 · latest mark

GoodRx multiple

4.5x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Wendy Barnes

    President and Chief Executive Officer

  • Chris McGinnis

    Chief Financial Officer

  • Thomas Chan

    Chief Accounting Officer

  • Vina Leite

    Chief People Officer

  • Gracye Cheng

    General Counsel and SVP

  • Trevor Bezdek

    Co-Founder and Co-Chair of the Board

  • Doug Hirsch

    Co-Founder and Chief Mission Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • SingleCare

    Boston-based prescription savings card founded 2015, free to U.S. residents over 13, accepted at 35,000+ pharmacies; closest direct competitor to GoodRx's coupon model.

  • Optum Perks

    UnitedHealth/Optum-owned prescription discount service offering free coupons at independent and big-chain pharmacies nationwide; backed by the largest U.S. PBM.

  • RxSaver

    Free prescription discount platform (acquired by Vericast/RetailMeNot lineage) that searches pharmacy prices and issues coupons; positioned as a no-membership alternative to GoodRx.

  • ScriptSave WellRx

    Free prescription discount card available across the U.S., Guam, and Puerto Rico with a network of 65,000+ pharmacies; long-standing GoodRx alternative.

  • Blink Health

    Digital pharmacy and prescription savings platform offering pre-paid medication pricing and home delivery; competes on transparent cash pricing for generics.

  • Amazon Pharmacy / RxPass

    Amazon's pharmacy and prescription subscription service offering low-cost generics with Prime delivery; major retail-scale competitor pressuring GoodRx's pricing moat.

GoodRx Investment FAQ

GoodRx FAQ

Yes, GoodRx is publicly traded under the ticker symbol GDRX on the NASDAQ. The company went public in September 23, 2020.

GoodRx trades under the ticker symbol GDRX on the NASDAQ. It began trading in September 23, 2020.

GoodRx (GDRX on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker GDRX to place an order.

GoodRx went public in September 23, 2020 via ipo, with an offering valuation of approximately $2.8B. GoodRx completed its IPO on September 23, 2020, listing on the NASDAQ Global Select Market under the ticker GDRX. The offering priced at $33.00 per share, above the marketed range of $24-$28, raising approximately $1.14 billion on 34,615,384 shares sold and giving the company an initial market capitalization of roughly $12.7 billion. Shares closed the first trading day at $50.50, lifting market cap to about $19.4 billion. The company remains publicly traded as a healthcare/digital health stock; as of May 2026 market capitalization is approximately $864M with trailing-twelve-month revenue of about $797M.

GoodRx raised $1.14B across 4 disclosed funding rounds prior to its public listing.

GoodRx was co-founded by Trevor Bezdek, and Doug Hirsch in 2011.

GoodRx is headquartered in Santa Monica, CA, USA.

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