Alto Pharmacy
Digital pharmacy with prescription delivery service
- 501-1000 employees
- Healthcare
- B2C
- SaaS
- Delivery
- SoMa, San Francisco, CA
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Company mission
To help people lead healthier lives through easy, fair access to medicine.
-3% employee growth in 12 months
Our take
Pharmacies can be a frustrating and expensive experience for consumers. Alto Pharmacy’s answer is a platform that helps people get medication as cheaply and as efficiently as possible, by arranging discounts, insurance paperwork, and doorstep delivery.
The online pharmacy industry has become increasingly competitive, especially with companies like Ro incorporating online pharmacy services as part of a broader and more efficient telehealth platform. There is also Amazon’s acquisition of PillPack, which helped the company launch Amazon Pharmacy over the pandemic and is expected to be a market leader over the next few years.
In order to compete, Alto has taken a highly personable and customer-oriented approach, with free delivery and the ability to chat with a pharmacist at any time. Alto Pharmacy enjoys continued strong backing from SoftBank’s Vision Fund II. And the company's friendly image saw it reach a $1.3B valuation in 2022, as it seized a respectable portion of the $500B pharmaceutical industry. It continues to expand across the US, with offices in Texas, New York, and California.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (last 2 of 8 rounds)
Nov 2024
$40m
CONVERTIBLE
Sep 2023
$120m
LATE VC
Total funding: $683.2m
This company has top investors
Leadership
Jamie Karraker
(Co-Founder)After studying at MIT, they worked as a Software Engineer at Facebook and Parse for a combined 4 years. They left the latter in June 2015 to co-found Alto Pharmacy.
Mattieu Gamache-Asselin
(Co-Founder)Began their career as a Software Engineer at Adobe. They left after 1 year to become a Software Engineer at Parse, a mobile backend-as-a-service platform acquired by Facebook in 2013.