| Founded | 2015 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Healthtech |
| Total raised | ~$354M USD |
| Collapse type | Silent Shutdown |
| Founder | Jamie Kaplan |
Alto Pharmacy
"a16z-backed tech-enabled pharmacy raised $354M to deliver prescriptions with pharmacist support. Eight years. Could not overcome PBM reimbursement rates and delivery economics. Shut October 2023."
Quiet closure with no public announcement
Key Events Timeline
Alto Pharmacy was founded in 2015 by Jamie Kaplan and Mattieu Gamache-Asselin in San Francisco.
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