On August 28, 2020, GoodRx Holdings, Inc., filed plans to become a publicly traded company. The company provides a software application that helps consumers find prices and coupons for prescription medications. It also issues refill reminders. According to its initial public offering (IPO) filing with the U.S. Securities and Exchange Commission, GoodRx hopes to raise up to $100 million. The stock will be traded on NASDAQ under the symbol GDRX.
GoodRx launched in 2011. Consumers can use the platform without providing personal information. No account, name, address, payment, or credit card is required to access or find savings with GoodRx. When consumers present a GoodRx coupon to a pharmacist, the pharmacy sends GoodRx information about the prescription and the price paid.
According to the SEC filing, the company has been profitable since 2016. In 2019, GoodRx revenues of $388 million, up 55% from $250 million in 2018. It reported $66 million in profit in 2019, up 50% from $43 million in 2018. During the second quarter of 2020, GoodRx had 4.4 million monthly active users, and 15 million visitors to the site.
This was reported by GoodRx on September 14, 2020.
Contact information: Lauren Casparis, Press Contact, GoodRx Holdings, Inc., 233 Wilshire Boulevard, Suite 990, Santa Monica, California 90401; 855-268-2822; Email: press@goodrx.com; Website: https://www.goodrx.com/.
