FundedIQ
Health Care

Alchemy: Funding, Investors & Team (Aug 2026)

We build and operate in-house pharmacies for safety net clinics, with a focus on STD clinics, Ryan Whites, and FQHCs serving patients living with HIV and Hepatitis C. We provide the entire physical, clinical, and digital infrastructure needed to operate and grow best-in-class 340B pharmacy programs. Our team has deep clinical pharmacy, technology, and operations experience. Together, we have spent 18 years in Africa building the largest HIV access program in the world, and we have set up, operated and scaled pharmacies that have dispensed over 25M+ prescriptions to patients across all 50 states in the US. After setting up your in-house pharmacy, we design and implement clinical pharmacy programs and deploy technology products that leverage your pharmacy to expand patient reach, improve clinical outcomes, and increase the financial impact of your 340B program. We are on a mission to serve safety net clinics and their patients.

www.alchemyhealth.com LinkedIn San Francisco, United States 11-50 employees
Health Care Health Diagnostics Pharmaceutical
Total raised
$31.0M
Rounds
1
Latest
Seed
Oct 2024

Alchemy has raised $31.0M across 1 funding round on record, the most recent a Seed of $31.0M announced in Oct 2024.

That round is above the $4.7M median round size for Health Care companies tracked on FundedIQ over the last two years.

Alchemy Company Profile and Key Stats

Total funding raised
$31.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$31.0M in Oct 2024
Employees
11-50
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Oct 2024.

Alchemy Funding Rounds

Date
Round
Amount
Seed
$31.0M

Alchemy Founders and Leadership Team

Name
Role
Contact
Flora Azucena
Founder

No contact details are on record for this team yet.

Alchemy Funding Compared to Other Health Care Startups

Segment
Companies
Median round
3,653
$4.7M
29,722
$7.5M
16,485
$3.1M

Alchemy's latest round of $31.0M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.

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Alchemy Funding FAQs

What does Alchemy do?

We build and operate in-house pharmacies for safety net clinics, with a focus on STD clinics, Ryan Whites, and FQHCs serving patients living with HIV and Hepatitis C. We provide the entire physical, clinical, and digital infrastructure needed to operate and grow best-in-class 340B pharmacy programs. Our team has deep clinical pharmacy, technology, and operations experience. Together, we have spent 18 years in Africa building the largest HIV access program in the world, and we have set up, operated and scaled pharmacies that have dispensed over 25M+ prescriptions to patients across all 50 states in the US. After setting up your in-house pharmacy, we design and implement clinical pharmacy programs and deploy technology products that leverage your pharmacy to expand patient reach, improve clinical outcomes, and increase the financial impact of your 340B program. We are on a mission to serve safety net clinics and their patients.

How much funding has Alchemy raised?

Alchemy has raised $31.0M across 1 round on record. The most recent is a Seed of $31.0M announced in Oct 2024.

When did Alchemy last raise funding?

Alchemy's most recent funding round on record is a Seed of $31.0M, announced in Oct 2024.

Who founded Alchemy?

FundedIQ lists Flora Azucena (Founder) at Alchemy.

Where is Alchemy headquartered?

Alchemy is based in San Francisco, California, United States.

How many employees does Alchemy have?

Alchemy is in the 11-50 employee band.

How does Alchemy's funding compare to other Health Care startups?

Alchemy's latest round of $31.0M is above the $4.7M median round size for Health Care companies on FundedIQ across 3,653 tracked companies over the last two years.

About FundedIQ's Alchemy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Alchemy is left off this page rather than filled in.

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