Goodrx - Company Profile
All the data and insights you need on Goodrx in one report.
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Financial Analysis and Report
goodrx is a leading healthcare technology company, known for its commitment to providing affordable medication options and transparent pricing. The platform empowers consumers to find and compare prices for prescription drugs across various pharmacies, helping millions save on their healthcare costs. With a strong online presence and partnerships with numerous pharmacies across the United States, goodrx has transformed the way people access and understand their medication costs.
Visual Insights
Goodrx Revenue Growth
Goodrx Market Distribution
About the Company
goodrx leverages technology to help consumers make informed decisions about their prescription medications, contributing to lower healthcare costs.
| Overview | Industry | Founded | Headquarters |
|---|---|---|---|
| Overview | goodrx provides a platform for consumers to find the best prices for their prescriptions from local pharmacies. | ||
| Industry | Healthcare Technology | ||
| Founded | 2011 | ||
| Headquarters | Santa Monica, California, USA |
Executive Team
The executive team at goodrx comprises experienced leaders in technology and healthcare, driving innovation and growth.
| Name | Position |
|---|---|
| Trevor Bezdek | Co-Founder and CEO |
| William A. Hsu | Co-Founder and CTO |
| Carolee Lee | CFO |
Business Segments
goodrx operates in various business segments that enhance access to affordable medications.
| Segment | |
|---|---|
| Prescription Price Comparison | A service that helps users find the best prices for medications. |
| Discount Card Programs | Offers free cards for discounts at participating pharmacies. |
| Telehealth Services | Provides users with virtual consultations and access to prescriptions. |
Financial Performance
goodrx has demonstrated strong financial performance with significant revenue growth through its innovative healthcare solutions.
| Metric | 2022 Revenue |
|---|---|
| Total Revenue | $1 billion |
| Year-over-Year Growth | 30% |
Market Position and Competitors
goodrx faces competition from various players in the healthcare technology space, yet maintains a strong market position.
| Competitor | |
|---|---|
| SingleCare | One of the prominent competitors in the prescription discount market. |
| Blink Health | Offers competitive pricing and prescription delivery. |
Key Factors for Growth
Key growth factors indicate a favorable landscape for goodrx in delivering essential healthcare solutions.
| Growth Factor | |
|---|---|
| Increasing Demand for Affordable Medications | The growing need for cost-effective healthcare solutions. |
| Expansion of Telehealth Solutions | A shift towards virtual healthcare services post-pandemic. |
Digital Marketing Strategies
goodrx's marketing strategies effectively drive customer engagement and expand its reach.
| Strategy | |
|---|---|
| SEO-Optimized Content | Focus on creating informative resources to attract organic traffic. |
| Targeted Social Media Campaigns | Engagement through platforms like Facebook and Instagram. |