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WithMe Health

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Personalizing medication guidance to lower spend, improve outcomes, and support members at every step of their journey

San Mateo, United StatesFounded 2018Health Tech & Medtech
Valuation $0–100M Latest valuation · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About WithMe Health

WithMe Health operates as a digital health company specializing in pharmacy benefits management (PBM) and personalized medication guidance. Founded in 2018 by Ash Damle, the company was established to reconstruct the traditional PBM model by better aligning its business objectives with client needs and eliminating conflicts of interest. The company was led by CEO Joe Murad, a healthcare technology veteran with experience at companies like Extend Health and PokitDok, before he moved to Vida Health in late 2023.

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The firm primarily serves self-insured employers and health plans, aiming to reduce their pharmacy costs while improving member outcomes. WithMe Health's business model is centered on a transparent, pass-through structure, charging a per-member-per-month (PMPM) administrative fee rather than relying on traditional PBM revenue streams like rebates. This approach has reportedly resulted in significant savings for clients, with one analysis confirming an average 29% reduction in PMPM pharmacy costs. The company's platform utilizes technology and data analytics, including AI, to assimilate pharmacy, medical, and lab data, creating a comprehensive clinical view for each member. This technological foundation supports its primary service: Personalized Medication Guidance.

The service connects members with a team of clinical pharmacists, known as Medication Guides, who provide support and guidance. These guides engage proactively with members through an app to assist with utilization management, address side effects, and ensure the prescribed medications are effective. This human-led, tech-enabled approach has been a key differentiator, contributing to a high member Net Promoter Score of 85. Over its active years, WithMe Health raised over $40 million in funding from investors such as Oak HC/FT, OMERS Ventures, and Cox Enterprises. In late 2023, the company began an orderly wind-down process and was subsequently acquired by SmithRx in January 2024.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2018
Headquarters
San Mateo, United States
Employees
10
Open positions
None listed
Dealroom signal
79.0/100
Industry
Health, Enterprise Software
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Hard Tech
Technology
Artificial Intelligence, Big Data, Machine Learning
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning WithMe Health.

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Jan 2024 $0 SmithRx
SERIES BEquity / VC Nov 2020 $20M $80M Oak HC/FT · Shulman Ventures · OMERS Ventures · Section 32
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Growth signals

WithMe Health website traffic

Latest recorded traffic for WithMe Health is 160 monthly website visits, up 45.5% over the last three months. WithMe Health's team grew 11.1% over the past year.

Latest monthly visits160 3-month web change+45.5% 1-year team growth+11.1%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • Oak HC/FT
  • Shulman Ventures
  • OMERS Ventures
  • Section 32
  • MTS Ventures

Other known investors2 additional known investors

  • SmithRx
  • Chris Price
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about WithMe Health on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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