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.
- Website
- www.alto.com/
- 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
Ranked
5th among 700 active competitors
Employee Count
803 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Fuze Health (Mar 21, 2025)
Legal entities associated with Alto
Alto is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ALTO PHARMACY LLC CIN: 221275399 , United States, Active | Jan 09, 2024 | - | - | - |
ALTO PHARMACY LLC CIN: 10250963 , United States, Active | Oct 22, 2023 | - | - | - |
ALTO PHARMACY, LLC CIN: 474390076 , United States, Active | Dec 31, 1999 | - | 551 (As on Dec 31, 2024) | - |
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
Sign up to download Alto's company profile
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:
Filter 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 | - | - | - | - |
View details of Alto's funding rounds and investors
Alto's founders and board of directors
Founder? Claim ProfileThe 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:
- Mattieu Gamache Asselin: Co-Founder of Alto. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Jamie Karraker: Co-Founder & Co-CEO of Alto and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Alicia Boler Davis: Co-CEO of Alto.
View details of Alto's Founder profiles and Board Members
Alto's employee count trend
Alto has 803 employees as of Aug 26. Here is Alto's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Innovaccer 2014, San Francisco (United States), Series F | Developer of healthcare data platforms and artificial intelligence agent software | $675M | 78/100 | |
2nd | Veeva Systems 2007, Pleasanton (United States), Public | Cloud-based administrative data management solution for the healthcare sector | $4M | 76/100 | |
3rd | Omnicell 1992, Mountain View (United States), Public | Developer of automated dispensing system for pharmacies | $20M | 76/100 | |
4th | NimbleRx 2015, Palo Alto (United States), Acquired | Provider of digital pharmacy management software and prescription delivery services | $74.7M | 75/100 | |
5th | Alto 2015, San Francisco (United States), Acquired | Online pharmacy offering prescription delivery services | $592M | 75/100 | |
6th | NextGen Healthcare Information Systems 1974, Horsham (United States), Acquired | Cloud-based electronic health record and practice management solutions | - | 74/100 | |
7th | 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 | Health Catalyst 2008, Salt Lake City (United States), Public | Cloud based platform offering data analytics solutions for healthcare organizations | $392M | 73/100 | |
9th | WellSky 1980, Overland Park (United States), Acquired | Provider of a health care management platform for providers and patients | $1.66M | 70/100 | |
10th | 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 |
Looking for more details on Alto's competitors? Click here to see the top ones
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
Media has covered Alto for 1 event in last 1 year, It was about company updates.
•
•
FuturHealth to Deliver Affordable, FDA-Approved GLP-1s NationwidePR Newswire•Jul 31, 2025•Alto, FuturHealth
•
Paulus agrees to acquire SoftBank-backed Alto pharmacyTradingView•Mar 27, 2025•Paulus, Alto, SoftBank
•
•
•
•
JPMorgan Chase Elects Alicia Boler Davis to its Board of DirectorsACROFAN•Jan 17, 2023•JPMorgan Chase, Alto
•
This Former Auto Executive Is Now CEO of a Billion-Dollar Online PharmacyThe Wall Street Journal•Dec 24, 2022•Alto, Amazon
•
Oma Fertility Partners with Alto Pharmacy to Enhance Fertility Care Beyond the ClinicFemtech Insider•Dec 07, 2022•Alto, Oma Fertility
•
Are you a Founder ?
FAQs about Alto
Explore our recently published companies
- BIA Home Care Service - Pittsburgh based, 2021 founded, Unfunded company
- JK Auto & Truck Repair - Marlton based, Unfunded company
- Lippert - Elkhart based, 1956 founded, Unfunded company
- AMZ Tech Solutions - Cedar Rapids based, Unfunded company
- ItsGuru - Houston based, 2006 founded, Unfunded company
- Anh Totti Nguyen - Unfunded company
_1584015723684.png?format=webp&height=120&width=120)