Startup profile for Alchemy Health: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

Alchemy Health funding, valuation and investors

End-to-end infrastructure for in-house pharmacy programs at HIV/HCV clinics.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Seed

$31M · 2024

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$31M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

seed

Investors in latest funding

Other: Andreessen Horowitz

Sources: latest funding: Seed (2024): $31M led by a16z Bio + Health with AlleyCorp, Twine Ventures, Springbank (company press) Last verified: 2026-07-25

Overview

Alchemy Health builds end-to-end infrastructure for in-house pharmacy programs at HIV/HCV clinics — helping safety-net providers dispense medications and improve adherence.

Why Alchemy Health is interesting

Founders from Truepill and global HIV access work — targets safety-net clinics where pharmacy friction drives adherence gaps.

Product & use cases

Alchemy Health builds end-to-end infrastructure for in-house pharmacy programs at HIV/HCV clinics — helping safety-net providers dispense medications and improve adherence.

  • Healthcare provider and health-system operations

Key facts

  • Seed (2024): $31M led by a16z Bio + Health with AlleyCorp, Twine Ventures, Springbank (company press)
  • Magic Johnson and Sandberg Bernthal also participated (press)

Funding history (newest first)

Seed

2024 $31M

Source: Seed (2024): $31M led by a16z Bio + Health with AlleyCorp, Twine Ventures, Springbank (company press)

Investors in our directory

Funds linked from Alchemy Health's profile — open a fund page for stage focus and related deal articles.

Competitive landscape

Edge: Founders from Truepill and global HIV access work — targets safety-net clinics where pharmacy friction drives adherence gaps.

Alchemy Health competes in healthtech, biotech-life-sciences. Incumbents have distribution; startup edge depends on product depth and buyer references. See competitors for specific tradeoffs — no invented market share claims.

  • Epic Systems incumbent

    Dominant EHR incumbent.

  • Oracle Health incumbent

    Enterprise EHR competitor.

  • Veeva incumbent

    Life sciences cloud incumbent.

  • Dotmatics adjacent

    R&D informatics.

Notable stories

  • Seed (2024): $31M led by a16z Bio + Health with AlleyCorp, Twine Ventures, Springbank (company press)
  • Magic Johnson and Sandberg Bernthal also participated (press)

Industries

Healthtech Biotech & Life Sciences

Related funding articles

Venture Capital Tracker pieces that cover Alchemy Health's financing or category context.

FAQs about Alchemy Health

Practical answers founders, operators, and investors typically search for.

Alchemy Health builds end-to-end infrastructure for in-house pharmacy programs at HIV/HCV clinics — helping safety-net providers dispense medications and improve adherence.
Directory-linked investors include /fund/alleycorp, /fund/andreessen-horowitz.
seed stage, private status. Seed (2024): $31M led by a16z Bio + Health with AlleyCorp, Twine Ventures, Springbank (company press)
Private as of July 2026 (status: private).
See fundraisingRounds for verified dates and disclosed amounts.
See competitors section — named alternatives with honest positioning notes.
Not publicly disclosed unless noted in highlights.
HQ not publicly listed on profile.

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.