With a focus on finding a better way to manage employee pharmacy benefits, SmithRx is a pharmacy benefit management (PBM) company that aims to use technology to connect employers and health plan members to specialized programs for pharmaceutical coverage. It provides a platform for small businesses so they can gain transparency and alternative methods to deliver pharmacy benefits. As a result, SmithRX strives to enable employees to access medications that are affordable and easy to acquire while also trying to reduce overhead costs for employers. SmithRx was was founded by Jake Frenz in 2016 and is headquartered in San Francisco, CA.

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To invest in SmithRx pre-IPO

Can you invest in SmithRx pre-IPO?

SmithRx is a privately held company and is not publicly traded, therefore investing in SmithRx pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of SmithRx before it goes public?

You can seek to sell your shares in SmithRx while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my SmithRx shares?

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Is SmithRx a publicly traded company?

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To learn more about SmithRx potential IPO

Will SmithRx go IPO?

SmithRx has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is SmithRx’s IPO price?

The SmithRx IPO price does not exist at this time, as SmithRx is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to SmithRx register for Forge Markets, today.

When was SmithRx founded?

SmithRx was founded in 2016.

What is SmithRx funding to date?

SmithRx has raised $104.84MM to date.

Who are SmithRx’s major investors?

Venrock
BoxGroup
Founders Fund
Great Oaks Venture Capital
Blumberg Capital
Catapult VC
FourCities Capital
NextGen Venture Partners
Metaplanet Holdings
SciFi VC
Precursor Ventures
Presight Capital
MCVC Partners
W Ventures
Highbury Group

SmithRx Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
01/23/2024 Series C $60MM $xx.xx $354.68MM Venrock
Price per Share
$xx.xx
Shares Outstanding
15,974,730
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Venrock
03/10/2022 Series B-2 $3.65MM $xx.xx $110.84MM Venrock, Founders Fund
Price per Share
$xx.xx
Shares Outstanding
14,799,896
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Venrock, Founders Fund
03/10/2022 Series B-1 $3.51MM $xx.xx $110.84MM Venrock, Founders Fund
Price per Share
$xx.xx
Shares Outstanding
3,339,298
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Venrock, Founders Fund
03/10/2022 Series B $20MM $xx.xx $110.84MM Venrock, Founders Fund
Price per Share
$xx.xx
Shares Outstanding
15,207,959
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Venrock, Founders Fund
07/31/2018 Series A-2 $5.56MM $xx.xx $51.57MM Founders Fund, Blumberg Capital, NextGen Venture Partners, Box Group, Precursor Ventures, SciFi VC
Price per Share
$xx.xx
Shares Outstanding
3,117,204
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, Blumberg Capital, NextGen Venture Partners, Box Group, Precursor Ventures, SciFi VC
01/11/2018 Series A $9.05MM $xx.xx $33.26MM Founders Fund, Blumberg Capital, NextGen Venture Partners, Box Group
Price per Share
$xx.xx
Shares Outstanding
6,730,467
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, Blumberg Capital, NextGen Venture Partners, Box Group
03/31/2017 Series A-1 $3.07MM $xx.xx $8.76MM Precursor Ventures, NextGen Venture Partners, Great Oaks Venture Capital, Four Cities Capital, BoxGroup, Blumberg Capital
Price per Share
$xx.xx
Shares Outstanding
3,160,387
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Precursor Ventures, NextGen Venture Partners, Great Oaks Venture Capital, Four Cities Capital, BoxGroup, Blumberg Capital
Updated on: Nov 21, 2024

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