Alto Pharmacy

Digital pharmacy offering same-day medication delivery

San Francisco, California, United States

About Alto Pharmacy

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 they may have regarding side effects or other issues. Additionally, Alto Pharmacy helps customers save money by actively searching for coupons and discounts to provide 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 enhance the pharmacy experience by combining fast delivery, accessible pharmacist support, and cost-saving options.

San Francisco, CaliforniaHeadquarters
2015Year Founded
$664.4MTotal Funding
CONVERTIBLECompany Stage
HealthcareIndustries
501-1,000Employees

Benefits

Generous time off
Comprehensive medical, dental, & vision plans
401k
Life & disability insurance
Parental leave
Equity

Risks

Amazon Pharmacy's expansion could increase competition for Alto.
The recent funding round at a lower valuation indicates a tough fundraising environment.
Contamination at Novo Nordisk's factory may disrupt Alto's diabetes medication supply.

Differentiation

Alto offers same-day delivery, enhancing convenience for busy individuals.
The company provides pharmacist consultations via an app, improving customer care.
Alto actively searches for cost-saving options, reducing medication expenses for customers.

Upsides

Alto's partnership with Cuban's Cost Plus expands access to medications.
The integration of telehealth services complements Alto's digital pharmacy model.
AI-powered medication management can enhance Alto's service offerings.

Funding

Total raised$664.37 M
Latest valuation$800.00 M
StageCONVERTIBLE
CONVERTIBLE
10/31/2024
$40
LATE VC
8/31/2023
$120
$800.00 M
SERIES E
12/31/2021
$200
$1.25 B
$250
$1.00 B
$6
$30.00 M