Alto Pharmacy

Alto Pharmacy

Digital pharmacy with same-day medication delivery

About

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. Customers can use the Alto app to consult with pharmacists about their medications, addressing any concerns regarding side effects or other issues. Additionally, Alto Pharmacy helps customers save money by actively searching for coupons and discounts to offer medications at lower prices. Unlike many traditional pharmacies, Alto focuses on convenience and customer care, making it easier for people to manage their prescriptions. The company's goal is to provide accessible and affordable medication delivery while enhancing the overall customer experience in the healthcare sector.

Company Stage

N/A

Employees

501-1,000

Industries

Healthcare

Total Funding

$664.4M

Headquarters

San Francisco, California

Founded

2015


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Simplify's Take

What believers are saying

  • Alto's integration of AI enhances personalized medication management and adherence tracking.
  • The rise of telehealth services expands Alto's potential customer base for online pharmacy services.
  • Growing demand for mental health medications presents an opportunity for Alto to expand offerings.

What critics are saying

  • Amazon Pharmacy's expansion into same-day delivery poses a competitive threat to Alto.
  • Recent funding at a lower valuation suggests concerns about Alto's growth prospects.
  • The appointment of a new CFO may indicate potential internal restructuring or strategy shifts.

What makes Alto Pharmacy unique

  • Alto offers same-day medication delivery, enhancing convenience for busy individuals.
  • The company provides pharmacist consultations via an app, improving customer care and support.
  • Alto actively searches for medication savings, offering cost-effective solutions to customers.

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Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-8%

2 year growth

-10%

Benefits

Generous time off

Comprehensive medical, dental, & vision plans

401k

Life & disability insurance

Parental leave

Equity

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