Rightway

Francisco Partners led the September 2026 Series E. A Bloomberg-linked report puts the valuation at $1.75B, citing a person familiar with it.

An up round in a sector under political fire. The paper value of 2021-era options likely rose, though the reported price is not confirmed.

The Form D for the 2026 round estimates $22.7M of proceeds going to officers, directors or promoters. The directors listed include both founders.

Often a sign that insiders sold some shares; the filing does not say. Fine on its own, but ask whether staff were offered the same chance.

Briefs Finance, linking a Bloomberg story, says Rightway is weighing a listing on a roughly four-year horizon. Nothing has been filed.

Equity may stay illiquid until about 2030 unless there is a tender or a sale.

The Consolidated Appropriations Act, 2026, signed Feb 3, requires PBMs to pass 100% of rebates to employer plans and report pay and spread pricing, from plan years starting about Jan 2029.

Rightway already works this way, so the cost of compliance should be low. But its main selling point becomes a legal minimum.

FTC insulin settlements made Express Scripts (Feb 2026) and CVS Caremark (Jul 2026) offer options like point-of-sale rebates and exits from spread pricing. Optum Rx was still in litigation in July.

The giants can now pitch a cleaner product to the same employers Rightway targets.

SureSpend refunds 100% of pharmacy spend above a set monthly cost with no cap on liability, and covers GLP-1s at net cost.

A strong sales tool. It also puts Rightway's own money at risk if drug costs, such as weight-loss drugs, run ahead of its pricing.

Tyson moved about $200M of pharmacy spend from CVS Caremark to Rightway from Jan 2024; CVS kept specialty drugs. Briefs reports Mayo Clinic is set to move in January.

Wins of this size are the proof large employers need. The Mayo Clinic move is reported, not announced.

In Dec 2025 Scott Musial became President, Ashley Hasle Chief Commercial Officer, and Ryan Belkin, 20+ years at CVS Health, EVP of Growth.

A sales-heavy bench, built to take more big employers from the incumbents.

Both clinical pharmacist roles are remote at $120K to $125K plus bonus and equity, needing a license in the state of residence and hours between 8am ET and 8pm PT. The population health RN role is hybrid in Denver.

Pharmacists and techs can work from home; nurses mostly cannot. Expect pressure to add state licenses and some evening or weekend shifts.

Rightway's careers page describes a hybrid in-office culture at its New York HQ, while 28 of 33 open roles list Remote as an option.

Remote is real for many roles, but corporate culture centers on New York. Check each posting.