When was Rightway founded?

Rightway was founded in 2017 and became a unicorn in 2021.

Where is Rightway located?

Rightway is headquartered in New York City, United States.

Who is the current CEO of Rightway?

Jordan Feldman of Rightway. They have also founded 1 company.

How many employees does Rightway have?

As of Jun 30, 2026, the latest employee count at Rightway is 556.

Is Rightway a funded company?

Rightway is a funded company, having raised a total of $239M across 5 funding rounds to date. The company's 1st funding round was a $2M Seed round, raised on Nov 09, 2017.

How much is Rightway worth?

The latest valuation of Rightway is $1.1B as of Mar 20, 2021.

When was the latest funding round of Rightway?

Rightway's latest funding was a $109M Series D round on Mar 25, 2024, with participation from 0 investor.

Is Rightway a HRTech company?

The primary sectors of Rightway are HRTech and Employee Health IT.

Where does Rightway rank among its competitors?

Rightway ranks 2nd amongst 40 active competitors, of which 6 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was FinPay, which secured $2.5M in Dec, 2024.

Who are the top competitors of Rightway?

Rightway's top competitors include Castlight, Quantum Health and Jellyvision. Among them, FinPay secured the most recent funding round in December, 2024.

Rightway - 2026 Company Profile, Team, Funding & Competitors

Rightway is a series D company based in New York City (United States), founded in 2017 by Theodore Feldman and Jordan Feldman. It operates as a Cloud-based employee health benefits recommendation platform for enterprise. Rightway has raised $239M in funding from Khosla Ventures and Thrive Capital, with a current valuation of $1.1B. The company has 40 active competitors, including 6 funded and 8 that have exited. Its top competitors include companies like Castlight, Quantum Health and Jellyvision.

Sectors and market segments that Rightway operate in

Rightway serves in the HealthTech market segments.The primary business model of Rightway is:

HealthTech > Employee Health IT > ***** **** > ***** ******

Company Details

Cloud-based employee health benefits recommendation platform for enterprise. The company offers a care navigation solution for employees with expert-led guidance, health risk assessment, and member-centric pharmacy benefit management. It also offers telehealth services and pharmacy services.

Website: www.rightwayhealthcare.com/
Social
Email ID: *****@rightwayhealthcare.com
Phone Number: +1 **********

Key Metrics

Founded Year

2017

Location

New York City, United States

Stage

Series D

Total Funding

$239M in 5 rounds

Latest Funding Round

Series D, Mar 25, 2024, $109M

Post Money Valuation

$1.1B as on Mar 20, 2021

Investors

Jonathan Locker & 6 more

Ranked

2^nd among 40 active competitors

Employee Count

556 as on Jun 30, 2026

Similar Companies

Castlight & 51 more

View Rightway's full profile

Rightway is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Rightway Healthcare Inc. CIN: 82-0865206 , United States, Active		-	418 (As on Dec 31, 2024)	-

Rightway has raised a total funding of $239M over 5 rounds. Its first funding round was on Nov 09, 2017. Rightway has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Rightway:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 25, 2024	$109M	Series D	-	-	-	-
Mar 30, 2021	$100M	Series C	$1.1B	-	Khosla Ventures	Thrive Capital, Tiger Global Management
Nov 15, 2019	$20M	Series B	-	-	Thrive Capital	-

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View details of Rightway's funding rounds and investors

The founders of Rightway are Theodore Feldman and Jordan Feldman. Jordan Feldman is the CEO of Rightway.

Here are the details of Rightway's key team members:

Theodore Feldman: Co-Founder of Rightway. They serve on the board of 1 company.
Jordan Feldman: Co-Founder & CEO of Rightway. They serve on the board of 1 company.
Contact Info: 1 email address

Rightway's Board of Directors

Rightway's board has 6 active members. Michael Lynton, Kareem Zaki, Samir Kaul, Theodore Feldman, Jordan Feldman and Jonathan Locker are independent board members.

Here is the list of Rightway's board of directors:

Name	Type	Representing	Status	Duration
Michael Lynton	Independent board member	-	Current	2y 2m
Kareem Zaki	Independent board member	-	Current	6y 6m
Samir Kaul	Independent board member	-	Current	2y 2m
Theodore Feldman	Independent board member	-	Current	7y 2m
Jordan Feldman	Independent board member	-	Current	7y 2m
Jonathan Locker	Independent board member	-	Current	7y 2m

View details of Rightway's Founder profiles and Board Members

Rightway's employee count trend

Rightway has 556 employees as of Jun 26. Here is Rightway's employee count trend over the years:

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Top competitors of Rightway include Castlight, Quantum Health and Jellyvision. Here is the list of Top 10 competitors of Rightway, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Castlight 2008, San Francisco (United States), Acquired	Cloud-based healthcare information on providers and pricing for enterprises	$181M	Maverick Ventures, Redmile Group & 10 others	77/100
2nd	Rightway 2017, New York City (United States), Series D	Cloud-based employee health benefits recommendation platform for enterprise	$239M	Tiger Global Management, Thrive Capital & 5 others	60/100
3rd	Quantum Health 1999, Columbus (United States), Acquired	Provider of an online health navigator and employee benefits management platform	-	Accretive, General Electric & 4 others	59/100
4th	Jellyvision 2001, Chicago (United States), Series C	Provider of SaaS based benefit management software for employees	$20M	Updata, Jackson Square Ventures	51/100
5th	Picwell 2012, Philadelphia (United States), Acquired	Predictive analytics for personalized health insurance decision-making for employees	$14M	MassMutual Ventures, BVF & 12 others	46/100
6th	HealthComp 1983, Fresno (United States), Acquired	Provider of benefits administration platform	-	Alpine Investors	46/100
7th	Hodges-Mace 2004, Atlanta (United States), Acqui-Hired	Benefits communication and enrollment platform to large employers	$98.2M	Stone Point Capital	44/100
8th	FinPay 2012, King Of Prussia (United States), Series D	Automated payment engagement and management platform for patients	$25M	PeakSpan Capital, Montreux Equity Partners ... & 1 others	43/100
9th	Touchpoints 2009, The Woodlands (United States), Unfunded	Simplifying benefits communication to empower employees and deliver measurable HR results	-	-	40/100
10th	Novus Health 2006, Toronto (Canada), Funding Raised	Provider of an employee health navigation platform	-	BEST Funds, Tier One Capital	37/100