
Alchemy Health
In-house pharmacy solved
- Website
- alchemyhealth.com
- Total Funding
- $31.0M
- Last Round
- $31.0M SeedOct 2024
- Rounds
- 1
About
Alchemy Health is an in-house pharmacy solution for safety net clinics and 340B covered entities including STD clinics, Ryan White programs, and FQHCs. Operating on a clinic-owned, vendor-operated model, Alchemy handles end-to-end pharmacy operations while clinics retain full ownership. The company provides three integrated service lines: physical pharmacy infrastructure (including buildout and equipment), clinical pharmacy programs (mobile testing for HIV and HepC, community outreach), and a digital platform for pharmacy management, compliance, and regulatory requirements. Founded by Sid Viswanathan, Peter Park, and Susie Crowe — who bring 18 years of experience building HIV access programs in Africa and operating pharmacies across all 50 US states — Alchemy enables covered entities to achieve ROI breakeven in under four months with flexible financing covering upfront costs.
Summary
It has raised $31.0M in total across 1 round, most recently a $31.0M Seed round in Oct 2024. Investors include Andreessen Horowitz, AlleyCorp and Sandberg Bernthal Venture Partners.
Tech & App Stack
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Funding History
Oct 2024
