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Free Market Health

Free Market Health

Private
Pittsburgh, PennsylvaniaHealthcare & Life Scienceshttps://www.freemarkethealth.com/

Last Round

Series B

Nov 1, 2023

Total Funding Raised

$33.5M

Company Overview

Free Market Health is a healthcare technology company that provides a care-driven marketplace platform to optimize the specialty pharmacy ecosystem by streamlining referral distribution and reimbursement processes.

Sector

Healthcare & Life Sciences

Verticals

Pharma Supply Chain, Healthcare Analytics, Workflow Automation, Patient Engagement

Business Model

B2B

Customer Profile

Marketplace Commission, Subscription SaaS

AI Layer

Application

Keywords

specialty pharmacy marketplacespecialty medication procurementprior authorization automationprior auth softwarepharmacy benefit managerPBMAI-powered prior authspecialty pharmacy networkhealthcare workflow automationpatient onboardinghealth plan technologyscript-to-fill orchestrationrare disease therapyhealthcare SaaSpharma supply chain

Historical Pricing

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Caplight Momentum Score

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Free Market Health Comparables

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Free Market Health comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
EVERSANA
83%
Bayvrio
72%
Agadia Systems
71%

Free Market Health Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BNov 1, 2023
Series AApr 19, 2022

Key People

Founding team and executive leadership

Joe Cardosi

Founder & CEO

Founding Team

Mark Conklin

President & Chief Pharmacy Officer

Executive Team

Paul Kuhn

SVP, Technology Services & Interim CTO, Vice President, Technology Services

Executive Team

Josh Cordle

Chief Product Officer

Executive Team

Free Market Health Investors

Notable investors and investment history

Free Market Health investors
InvestorRounds
Questa CapitalSeries B
Highmark VenturesSeries B
653 Investment PartnersSeries A, Series B
Highmark VenturesSeries A, Series B
Alta PartnersSeries B, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 19, 2025

    Ranked No. 10 in the 2025 Best Places to Work medium category.

  • Jul 10, 2025

    Mike Einodshofer joins with 28 years of industry experience.

Free Market Health Filings

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Free Market Health filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Free Market Health's valuation, stock price, and market status.

Is Free Market Health a public or private company?

Free Market Health is a private company.

What is the current stock price of Free Market Health?

Free Market Health is a private company with no public stock price. No recent secondary market data is available.

How much is Free Market Health worth (valuation)?

Valuation information for Free Market Health is not publicly available.

Can I buy Free Market Health stock?

Free Market Health shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Free Market Health's last funding round?

Free Market Health's most recent funding round was Series B on November 1, 2023.

Who are the main investors in Free Market Health?

Key investors in Free Market Health include Questa Capital, Alta Partners.

Will Free Market Health IPO soon?

No public IPO plans have been announced for Free Market Health.

How can I track Free Market Health secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Free Market Health's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersPittsburgh, Pennsylvania
Employee Range112
Year Founded2019
Last FundingNov 1, 2023

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