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Alto - About the company

Alto is an acquired company based in San Francisco (United States), founded in 2015 by Mattieu Gamache Asselin and Jamie Karraker. It operates as an Online pharmacy offering prescription delivery services. Alto has raised $592M in funding from investors like Greenoaks, SoftBank Vision Fund and Soma Capital, with last known valuation of $786M. The company has 700 active competitors, including 152 funded and 73 that have exited. Its top competitors include companies like Innovaccer, Veeva Systems and Omnicell.

Sectors and market segments that Alto operate in

Alto serves in the HealthTech market segments.The primary business model of Alto are:

Company Details

Online pharmacy offering prescription delivery services. The platform enables users to find and compare prices of medications and can receive over-the-counter and generic medicines at home. It also, offers platform for pharmacists for prescription management.
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Email ID
*****@alto.com
Phone Number
+1 **********
Registered Address
San Francisco, California
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Acquired
Total Funding
$592M in 9 rounds
Latest Funding Round
Last Known Valuation
$786M as on Mar 27, 2025
Investors
Ranked
Employee Count
803 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Fuze Health (Mar 21, 2025)

Alto's acquisition details

Alto got acquired by Fuze Health on Mar 21, 2025.
Click here to take a look at Alto's acquisition in detail
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Alto's funding and investors

Alto has raised a total funding of $592M over 9 rounds. Its latest funding round was a Series E round on Jan 14, 2022 for $200M. 1 investor participated in its latest round. Alto has 35 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Alto:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 14, 2022
$200M
Series E
$1B
-
-
Jan 05, 2022
$40M
Series D
-
-
Oct 18, 2021
$36.4M
Conventional Debt
-
-
-
-
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Alto's founders and board of directors

Founder? Claim Profile
The founders of Alto are Mattieu Gamache Asselin and Jamie Karraker. Jamie Karraker and Alicia Boler Davis are the CEOs of Alto.
Here are the details of Alto's key team members:

Alto's employee count trend

Alto has 803 employees as of Aug 26. Here is Alto's employee count trend over the years:
Employee count trend for Alto
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Alto's Competitors and alternates

Top competitors of Alto include Innovaccer, Veeva Systems and Omnicell. Here is the list of Top 10 competitors of Alto, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Innovaccer
Innovaccer
2014, San Francisco (United States), Series F
Developer of healthcare data platforms and artificial intelligence agent software
$675M
78/100
2nd
Logo for Veeva Systems
Veeva Systems
2007, Pleasanton (United States), Public
Cloud-based administrative data management solution for the healthcare sector
$4M
76/100
3rd
Logo for Omnicell
Omnicell
1992, Mountain View (United States), Public
Developer of automated dispensing system for pharmacies
$20M
76/100
4th
Logo for NimbleRx
NimbleRx
2015, Palo Alto (United States), Acquired
Provider of digital pharmacy management software and prescription delivery services
$74.7M
75/100
5th
Logo for Alto
Alto
2015, San Francisco (United States), Acquired
Online pharmacy offering prescription delivery services
$592M
75/100
6th
Cloud-based electronic health record and practice management solutions
-
74/100
7th
Logo for IKS Health
IKS Health
2006, Navi Mumbai (India), Public
Provider of healthcare technology and services for revenue cycle management and clinical support
$9.35M
74/100
8th
Logo for Health Catalyst
Health Catalyst
2008, Salt Lake City (United States), Public
Cloud based platform offering data analytics solutions for healthcare organizations
$392M
73/100
9th
Logo for WellSky
WellSky
1980, Overland Park (United States), Acquired
Provider of a health care management platform for providers and patients
$1.66M
70/100
10th
Logo for Proteus Digital Health
Proteus Digital Health
2001, Redwood City (United States), Series H
Provider of cloud-based patient medication adherence monitoring system for the healthcare providers
$532M
68/100
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Alto's Investments and acquisitions

Alto has acquired Round Health. Alto has not made any investments as of now.

Reports related to Alto

Here is the latest report on Alto's sector:

News related to Alto

lockFilter this list
Media has covered Alto for 1 event in last 1 year, It was about company updates.
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FAQs about Alto

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