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Rightway raises $155 million in Series E funding led by Francisco Partners to support its growth in pharmacy benefits management. The funding aims to enhance accountability for pharmacy spending and improve member support.

PRIVATESep 24, 2026about 3 hours ago

Amount Raised

$155 Million

Round Type

Series E

New YorkHealth CareMedical

Investors

Khosla VenturesThrive CapitalFrancisco Partners

Description

Rightway, a pharmacy benefit management and care navigation company, has announced that it raised $155 million in Series E financing led by Francisco Partners. This investment will support Rightway's next phase of growth as employers seek greater accountability for pharmacy spending. With nearly 10% of the Fortune 500 moving their pharmacy benefits to Rightway's model, the funding will help manage healthcare costs effectively while improving care quality.

Company Information

Company

Rightway

Location

New York, United States

About

Rightway is the leader in driving healthcare value for everyone, everywhere. Its care navigation and PBM platforms guide over one million members to the highest-quality care and optimal medication by inserting clinicians and pharmacists into the member care journey through a modern, mobile app. Powerful technology enables one-on-one clinical guidance at a fraction of the cost of traditional care navigation solutions, reducing healthcare costs by 15%. Its transparent PBM is the first to deliver fully aligned, pass-through pricing and personalized clinical management, transforming the member experience and lowering employer pharmacy spend by over 15%. Companies choose Rightway for its ability to reimagine the consumer experience, drive industry-leading engagement, and decrease healthcare costs. For more information, visit www.rightwayhealthcare.com.

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Strategic

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Rightway raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.