How Much Did ALCO Pharmacy Raise?
Funding & Key Investors

ALCO Pharmacy has successfully secured a major strategic investment, bringing its total capital accumulation to $150K. This latest injection of $150K underscores the firm's pivotal role in the specialized healthcare sector, particularly in its capacity to serve vulnerable populations with high-touch pharmaceutical requirements. By leveraging this financial backing, the organization is positioned to solidify its operational infrastructure and expand its reach within the Maryland healthcare landscape.

What is ALCO Pharmacy?

ALCO Pharmacy
RetailDrug Stores & Pharmacies

Based in Owings Mills, Maryland, ALCO Pharmacy operates as a specialized, full-service independent pharmacy. The company distinguishes itself through a dedicated focus on individuals with intellectual and developmental disabilities (I/DD), providing essential support for residential programs. Their service model integrates complex medication synchronization, customized delivery logistics, and 24/7 access, ensuring that clients receive precise and timely care. By prioritizing long-term relationship management and meticulous attention to detail, ALCO Pharmacy has carved out a critical niche in the intersection of community health and specialized disability support services.

How much funding has ALCO Pharmacy raised?

ALCO Pharmacy has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in ALCO Pharmacy

PPP

Public-Private Partnership

What's next for ALCO Pharmacy?

With the recent influx of capital, ALCO Pharmacy is expected to scale its specialized service offerings and enhance its technological capabilities for medication management. The strategic focus will likely shift toward optimizing supply chain efficiencies and expanding the footprint of its residential support programs. As the company navigates this late-stage growth phase, the emphasis remains on maintaining high standards of accuracy and safety, which are paramount when serving the I/DD community. Future developments will likely involve deeper integration with regional healthcare providers to streamline the continuum of care for their patient base.

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Frequently Asked Questions Regarding ALCO Pharmacy Financial Insights

What are the most recent funding rounds that ALCO Pharmacy has completed, and what were the funding rounds?
ALCO Pharmacy has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding ALCO Pharmacy has raised to date?
ALCO Pharmacy has raised a total of $150K in funding to date.
How many funding rounds has ALCO Pharmacy completed?
ALCO Pharmacy has completed 1 funding rounds.
How much funding did ALCO Pharmacy raise in its most recent funding round?
ALCO Pharmacy raised $150K in its most recent funding round.
Who are the lead investors in ALCO Pharmacy's latest funding round?
The lead investor in ALCO Pharmacy's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ALCO Pharmacy's history?
The largest funding round in ALCO Pharmacy's history was $150K.
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