Exclusive: PBM unicorn startup Rightway raises $109M, according to filing
04 Apr 2024
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An upstart pharmacy benefit manager that signed on conglomerate Tyson Foods as a client earlier this year just raised a fresh round of funding, according to a securities filing.
Rightway has raised $109 million in new funds, according to a March 29
SEC filing
. The filing indicates that March 25 is the date of the first sale of equity securities related to the round. Board members listed in the filing include executives at Thrive Capital and Khosla Ventures, firms that invested in Rightway’s previous round. Jonathan Locker, a board member of Rightway, was also listed on the filing.
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