Insights

Transparent PBM Advantage SmithRx positions itself as a 100% pass-through, transparent PBM independent of insurers and pharmacies. This creates a strong sales angle for self-insured employers seeking cost containment without hidden markups, enabling faster alignment with buyers who prioritize transparency and savings.

Major Partnerships Growth Recent and ongoing partnerships with Calibratehealth, 9amHealth, Form Health, FlyteHealth, Cost Plus Drugs, and others, plus a forthcoming WKU multi-year adoption, signal a scalable partner-driven acquisition strategy. This indicates ample cross-sell opportunities across R&D, GLP-1 coverage, and specialized care programs.

GLP-1 Savings Focus Publicized efficiency in GLP-1 coverage with up to 70 percent cost savings through transparent, pass-through pricing highlights a compelling value proposition for employers facing high-cost obesity and diabetes therapeutics, creating a targeted sales path for self-insured groups with rising GI/diabetes benefits.

Independent Positioning The independent stance from insurance companies and pharmacies appeals to buyers wary of misaligned incentives. This can be marketed to potential clients seeking radical transparency and a PBM model that ties savings directly to employer outcomes, enabling a competitive differentiation against traditional PBMs.

Enterprise Adoption Momentum News of enterprise-level partnerships (UnitedAg, WKU) and recognition in healthcare business media demonstrates market validation and growing enterprise adoption. This creates urgency for sales teams to target mid-market to large SMB employers with self-insured plans seeking predictable costs and streamlined benefits management.

Similar companies to SmithRx

SmithRx Tech Stack

SmithRx uses 8 technology products and services including Apache Airflow, Osano, Anaplan, and more. Explore SmithRx's tech stack below.

Media & News

SmithRx's Email Address Formats

SmithRx uses at least 3 email formats:
SmithRx Email FormatsExamplePercentage
First.Last@smithrx.comJohn.Doe@smithrx.com
96%
First@smithrx.comJohn@smithrx.com
3%
First.Middle@smithrx.comJohn.Michael@smithrx.com
1%

Frequently Asked Questions

What is SmithRx's phone number?

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You can contact SmithRx's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is SmithRx's official website and social media links?

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SmithRx's official website is smithrx.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does SmithRx generate?

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As of August 2026, SmithRx's annual revenue is estimated to be $250M - $500M.

What is SmithRx's NAICS code?

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SmithRx's NAICS code is 62 - Health Care and Social Assistance.

How many employees does SmithRx have currently?

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As of August 2026, SmithRx has approximately 593 employees across 3 continents, including North America, South America and Asia. Key team members include Chief Human Resources Officer: C. C., Lead People Partner: L. B. and Vp, Commercial Strategy: E. J. Explore SmithRx's employee directory with LeadIQ.

What industry does SmithRx belong to?

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SmithRx operates in the Hospitals and Health Care industry.

What technology does SmithRx use?

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SmithRx's tech stack includes Apache Airflow, Osano, Anaplan, Microsoft Active Directory, Zapier, Salesforce Service Cloud, Box and Atlassian Confluence.

What is SmithRx's email format?

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SmithRx's email format typically follows the pattern of First.Last@smithrx.com. Find more SmithRx email formats with LeadIQ.

How much funding has SmithRx raised to date?

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As of August 2026, SmithRx has raised $105M in funding. The last funding round occurred on Jan 23, 2024 for $60M.

When was SmithRx founded?

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SmithRx was founded in 2016.
SmithRx logo

SmithRx

Hospitals and Health CareMaine, United States501-1000 Employees

SmithRx is a company in the Hospitals and Health Care industry that operates as a modern pharmacy benefits manager focused on reducing cost and complexity of pharmacy benefits for self-insured employers. It positions itself as a transparent, 100% pass-through PBM that operates independently from traditional insurers and pharmacies, with incentives aligned to customers and using technology and cost-savings programs to connect members with lower-cost drugs. The company is based at 300 Brannan Street, Portland, Maine 04107, United States, and employs 501-1000 people. SmithRx has undertaken industry initiatives such as launching a PBM Evaluation methodology in 2024 and was recognized as Best in Business by Modern Healthcare in 2025. In 2026, it expanded partnerships with multiple health care organizations—including Calibratehealth, 9amHealth, FlyteHealth, Form Health, Cost Plus Drugs, and Transcarent—to deliver GLP-1 coverage and generate substantial employer cost savings through its transparent pass-through model, with reported savings up to 70%.

Section iconCompany Overview

Phone number
NAICS Code
62 - Health Care and Social Assistance
Founded
2016
Employees
501-1000

Section iconFunding & Financials

  • $105M

    SmithRx has raised a total of $105M of funding over 7 rounds. Their latest funding round was raised on Jan 23, 2024 in the amount of $60M as a Series C.

  • $250M - $500M

    SmithRx's revenue is estimated to be in the range of $250M - $500M

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