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A New York-based company Rightway will use the new capital to expand its healthcare navigation platform and will also discover new opportunities to deliver its products.
FREMONT, CA: The New York-based patient navigation and healthcare advocacy platform, Rightway Healthcare has secured $20 million in a Series B funding round which was led by Thrive Capital. The financing will expand Rightway's world-class navigation platform and explore new opportunities to deliver its products across the healthcare sector.
General Partner at Thrive Capital, Kareem Zaki says that Rightway is modernizing the fragmented healthcare ecosystem by combining its innovative technology with devoted healthcare professionals to provide a high quality, cost-efficient navigation platform for employers and their employees. There is a demand for an improved healthcare navigation solution, and they are helping Rightway to enter into pharmacy benefits, an area perfectly suited for their model.
Rightway works directly with companies to enhance employer expenditure while delivering complete healthcare navigation solutions through their platform for employees. From small companies to large companies, including global law firms and public investment banks are the clients of the company. With the additional capital, Rightway will build its proprietary software and deliver its services to more customers across the healthcare industry, including expanding into the critical category of pharmacy benefits.
The CEO of Rightway Jordan Feldman says that they are thrilled to announce their successful Series B and to be recognized by Thrive for the impact of our business. The expertise and experience of Thrive in the industry will help to build product offerings, capabilities, and reach.
They are also planning on leveraging their unique position within the healthcare ecosystem to increase our breadth of offerings. With more capital raised, they will be able to continue to scale their core platform and also begin the work needed to enter into new markets. Their primary mission is to help their members save time, money, and reach the best possible outcomes throughout their healthcare experience.
