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Industries
Healthcare
Company Size
501-1,000
Company Stage
N/A
Total Funding
$683M
Headquarters
San Francisco, California
Founded
2015
Alto Pharmacy operates as a digital pharmacy that delivers medications directly to customers' homes on the same day. This service is designed for individuals who may not have the time to visit a traditional pharmacy. Alto Pharmacy employs licensed pharmacists who are accessible through the Alto app, allowing customers to ask questions about their medications, including concerns about side effects. Additionally, Alto Pharmacy helps customers save money by actively searching for coupons and discounts to provide medications at lower prices. The company generates revenue through the sale of medications and has recently joined the Team Cuban Card pharmacy network, which may help expand its reach. The main goal of Alto Pharmacy is to enhance convenience and customer care in the medication delivery process.
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Total Funding
$683M
Above
Industry Average
Funded Over
7 Rounds
Generous time off
Comprehensive medical, dental, & vision plans
401k
Life & disability insurance
Parental leave
Equity
Alto has introduced a high-performance PowerPack for GM 6L80E and 6L90E transmissions, model years 2006 and on.
Alto Pharmacy, a digital pharmaceutical startup based in San Francisco, has raised at least $40 million from investors in the form of a convertible note, according to people familiar with the matter.
Alto Pharmacy is changing the pharmacy experience by leveraging digital solutions to improve patient care, streamline medication access and lower costs, said Karen Martell, vice president of enterprise partnerships for Alto Pharmacy. In an interview with PYMNTS, Martell explained the company’s business model is designed to raise adherence rates by eliminating barriers associated with traditional pharmacies, whether it’s finding the time to go to a pharmacy, waiting in line, sticker shock at the cost of a medication, insurance coverage or accessing expert care. “What started as two founders hand-delivering medication to patients has evolved into a full-service, digital pharmacy that’s served more than 500,000 patients,” Martell said. “We also recently launched Alto Technologies, our enterprise services offering that empowers pharmaceutical companies, digital health providers, and others across the industry with tailored technology solutions that elevate the patient experience, improve medication access and delivery, and set new standards for convenience, cost, and care
In recent years, the healthcare industry has witnessed a significant transformation, driven by technological advancements and shifting consumer expectations. One of the most significant advancements lie in the integration of digital tools and solutions aimed at streamlining medication access and delivery. This shift holds promise, particularly for older adults seeking convenience, accessibility and affordability in their healthcare journey. One of the latest developments in this space comes from Amazon Pharmacy, which recently expanded its same-day delivery service for prescription medication to encompass New York City and the greater Los Angeles area, adding to its coverage in five cities
Alto has already signed the agreement with Baldwin.
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Industries
Healthcare
Company Size
501-1,000
Company Stage
N/A
Total Funding
$683M
Headquarters
San Francisco, California
Founded
2015
Find jobs on Simplify and start your career today
Discover companies similar to Alto Pharmacy