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Alpha

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New healthcare services company developing a technology platform designed to enable easy, personalized access to online diagnosis and prescription treatment for some of the most common illnesses today

Palo Alto, United StatesFounded 2017Health Tech & Medtech
Valuation $50–100M Last recorded · 2021
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Alpha and the history behind them.

About Alpha

Alpha (formerly Alpha Medical) operates as a virtual primary care platform with a strategic focus on women's healthcare, aiming to address the systemic gaps in the U.S. healthcare system. The company was founded in 2017 by Gloria Lau, who serves as the CEO, and Dr. Mary Jacobson. Lau's journey from Hong Kong to California, coupled with her background in data science at LinkedIn and Google and a Ph.D. from Stanford, exposed her to the inefficiencies of the American healthcare system, motivating her to establish a more accessible model.

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The company provides virtual healthcare services for over 100 medical conditions, encompassing primary care, mental health, weight loss, and reproductive health. Alpha's service is structured around an asynchronous telehealth model, allowing patients to consult with licensed medical providers, receive personalized care plans, and get prescriptions delivered without requiring real-time appointments. This model is designed to be convenient and affordable, particularly for the 65 million Americans living in primary care deserts. Patients are connected with a dedicated primary care provider (PCP) to ensure continuity of care, a feature central to the company's whole-person care philosophy.

Alpha's business model is primarily subscription-based and cash-pay, though some pharmacies may accept insurance for medications. The company has secured $35 million in total funding, including a $24 million Series B round in September 2021, to expand its market share in virtual primary care. Alpha also partners with employers, offering programs like "Ahead with Alpha," a weight management solution that integrates with care for other conditions. This B2B offering underscores the business case for comprehensive women's health, citing metrics like a 45%+ reduction in anxiety scores and a 55% reduction in ER visits for asthma patients after one year.

Source: Dealroom company data

At a glance

Founded
2017
Headquarters
Palo Alto, United States
Sector
Health Tech & Medtech
Power Law
Colt$25–100M revenue

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A8 investors entered at this stage

  • SpringRock Ventures
  • GSR Ventures
  • AV8 Ventures
  • Outcomes Collective
  • Samsung Next
  • FMZ Ventures
  • Margo Georgiadis
  • Chamaeleon VC

Series B and later8 investors entered at this stage

  • AV8 Ventures
  • Margo Georgiadis
  • Outcomes Collective
  • GSR Ventures
  • SpringRock Ventures
  • FMZ Ventures
  • Chamaeleon VC
  • Samsung Next
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇺🇸 United States75%
🇨🇷 Costa Rica2.8%
🇳🇮 Nicaragua2.8%
🇶🇦 Qatar2.8%
🇪🇬 Egypt2.8%
Top 5 of 8 shown
Web traffic by country
36K monthly visits
across markets
🇺🇸 United States93.3%
🇮🇳 India3.3%
🇬🇧 United Kingdom3.1%
🇵🇭 Philippines1.4%
Top 4 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Alpha on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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