About Alto Pharmacy
Alto Pharmacy is a company based in San Francisco (United States) founded in 2015 by Mattieu Gamache Asselin and Jamie Karraker was acquired by Paulus Holdings in March 2025. It operates as a Direct-to-Consumer (D2C), and HealthTech. Alto Pharmacy has raised $591.64 million across 8 funding rounds from investors including Coinbase, SoftBank Vision Fund and Foundation Capital. Alto Pharmacy has completed 1 acquisition, including Round Health. Alto Pharmacy offers products and services including Prescription Delivery and Fertility Medication Delivery. Alto Pharmacy operates in a competitive market with competitors including Nurx, Cureatr, Icebreaker Health, Phil and Omnicell, among others.
- Headquarter San Francisco, United States
- Founders Mattieu Gamache Asselin, Jamie Karraker
- Stage Unicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Alto Pharmacy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$591.64 M (USD)
in 8 rounds
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Latest Funding Round
$200 M (USD), Series E
Jan 14, 2022
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Investors
Coinbase
& 17 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Paulus Holdings
(Mar 27, 2025)
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Products & Services of Alto Pharmacy
Alto Pharmacy offers a comprehensive portfolio of products and services, including Prescription Delivery and Fertility Medication Delivery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Prescriptions are delivered directly to customers' doorsteps efficiently.
Fertility medications are provided with nationwide delivery options.
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Software Development Team
10 people
Finance and Accounting
6 people
Human Resources and Administration
5 people
Operations Team
4 people
Product Management Team
3 people
Data Analysis and Operations Team
2 people
Senior Team
2 people
Founder Team
1 people
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Funding Insights of Alto Pharmacy
Alto Pharmacy has successfully raised a total of $591.64M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $200 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series E — $200.0M
- First Round First Round
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series E - Alto Pharmacy | Valuation | SoftBank Vision Fund |
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| Jan, 2022 | Amount | Series D - Alto Pharmacy | Valuation | Advance Venture Partners | |
| Oct, 2021 | Amount | Debt – Conventional - Alto Pharmacy | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Alto Pharmacy
Alto Pharmacy has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coinbase, SoftBank Vision Fund and Foundation Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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PE firm focused on software, media & commerce based sectors
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Founded Year | Domain | Location | |
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Venture capital investments in software startups from pre-seed to Series A stages.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Alto Pharmacy
Alto Pharmacy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Round Health. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Medication reminder & pill tracker
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Alto Pharmacy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alto Pharmacy Comparisons
Competitors of Alto Pharmacy
Alto Pharmacy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nurx, Cureatr, Icebreaker Health, Phil and Omnicell, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online prescriptions and delivery of contraceptives and PrEP are facilitated.
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| domain | founded_year | HQ Location |
Cloud-based medication management software is provided for healthcare providers.
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| domain | founded_year | HQ Location |
Provider of remote patient consultation services and online delivery of medical care products
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| domain | founded_year | HQ Location |
Prescription drugs refill management solutions
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| domain | founded_year | HQ Location |
Materials management and business analytics solutions for healthcare are provided.
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| domain | founded_year | HQ Location |
Virtual care and personalized treatments for chronic conditions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Alto Pharmacy
Frequently Asked Questions about Alto Pharmacy
When was Alto Pharmacy founded?
Alto Pharmacy was founded in 2015.
Where is Alto Pharmacy located?
Alto Pharmacy is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Alto Pharmacy?
Jamie Karraker is the current CEO of Alto Pharmacy. They have also founded this company.
Is Alto Pharmacy a funded company?
Alto Pharmacy is a funded company, having raised a total of $591.64M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $36.43M, raised on Jun 20, 2015.
What does Alto Pharmacy do?
Alto Pharmacy is engaged in delivering prescriptions and specialty medications directly to customers. Services are offered across the United States with same-day delivery and pickup options. The company is committed to supporting customers with expert pharmacist advice available seven days a week. Solutions are tailored for general and fertility medication needs, ensuring accessibility and convenience in the healthcare sector.
Who are the top competitors of Alto Pharmacy?
Alto Pharmacy's top competitors include Omnicell, Icebreaker Health and Phil.
What products or services does Alto Pharmacy offer?
Alto Pharmacy offers Prescription Delivery and Fertility Medication Delivery.
How many acquisitions has Alto Pharmacy made?
Alto Pharmacy has made 1 acquisition, including Round Health.
Who are Alto Pharmacy's investors?
Alto Pharmacy has 18 investors. Key investors include Coinbase, SoftBank Vision Fund, Foundation Capital, Advance Venture Partners, and Unusual Ventures.
What is Alto Pharmacy's valuation?
The valuation of Alto Pharmacy is $1B as of Jan 2022.