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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 COO

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

SEC and related filings with document metadata.

Data table
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Free Market Health Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersPittsburgh, Pennsylvania
Employee Range127
Year Founded2019
Last FundingNov 1, 2023

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