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WithMe Health

Pharmacy benefits company

21-100 employees
  • Healthcare
  • B2B
  • Personal health
  • MedTech
400 S. El Camino Real Suite 1150 San Mateo, CA, 94402

Company mission

To create a significantly better medication experience.

44% employee growth in 12 months

Otta's take

Xav Kearney headshot

Xav Kearney

CTO of Otta

In an industry currently dominated by pharmacy benefit managers (PMBs) and an opaque, inefficient model, WithMe Health is both reducing health costs and improving the employee experience. They use detailed datasets to create tailored and proactive medical experiences, combining both technological solutions and human input.

WithMe Health’s solution finds cheaper prescription options and ensures that employees are taking medication that is personalised to their needs. They offer both a replacement service for PMBs, and a service that can pair with PMBs. They are up against big, established players, so this dual offering may help them get a foothold.

Instead of being paid based on rebates, the company takes a membership fee per month for every employee. With employers looking to reduce rising prescription costs and gain more control over how their employee health budget is spent, WithMe Health offers a potential solution, because their interests - unlike those of PMBs - are aligned with this cost reduction requirement, without sacrificing patient care.

Benefits

  • 401(k) plan eligible day 1
  • Paid life insurance
  • Flex spending
  • 8 weeks’ parental leave for the primary caregiver
  • Results-only work environment
  • Generous vacation policy
  • 80% employer-paid health coverage
  • Highly competitive pay
  • Medical memberships

Funding (2 rounds)

Nov 2020

$20m

SERIES B

Jan 2019

$20m

EARLY VC

$40m

Total funding

Founders

Previously Robotics Engineer at UCLA for 2 years, Web Developer at Avidyne Corporation for 1 year and Business and Solutions Consultant at SkillNet Solutions for 2 years. Advisor at CareLoop, NuBiome, Ellipsis Health, MyoKardia, Loop Health and PeerWell.

Chris Price

(Chairman)

Studied Economics with financial applications at Southern Methodist University. Previously Founding Partner at Broad Creek Partners for 4 years, Senior Vice President - Product and Strategy at EnvisionRxOptions for 1 year and Partner at Oak HC/FT for 4 years.