Alchemy Health

In-house pharmacy solved

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

Investors