340b
(4)Karl Kipke
Karl Kipke is the founder and CEO of HealthGrowth Pharmacy Solutions, an Austin, Texas company that gives independent and community pharmacies a single ecosystem of lending, advisory, group purchasing, and transition services. A former Wall Street banker who spent 11 years at Morgan Stanley and Bear Stearns before turning to venture investing, Kipke built HealthGrowth Capital into a direct lender for pharmacies and closed a $16.8 million debt-and-equity financing package in April 2020 to expand its reach to independent pharmacy owners across the United States.
Model N
Model N is a Redwood City-based enterprise software company that builds cloud revenue-management systems for pharmaceutical, medtech, semiconductor, and high-tech manufacturers. Its Revenue Cloud automates pricing, quoting, contracting, rebates, incentives, and regulatory compliance - the commercial machinery that governs how life sciences and high-tech companies book and protect their top line. Founded in 1999 and taken public in 2013, Model N was acquired by Vista Equity Partners in 2024 for $1.25 billion and now serves 150+ leading brands across more than 120 countries.
Joy Liu
Joy Liu is the co-founder and CEO of Plenful, a San Francisco-based AI workflow automation platform modernizing healthcare operations. A Northwestern-trained economist who cut her teeth at Goldman Sachs and Barclays before moving into specialty pharmacy operations at Shields Health Solutions, Liu built Plenful from first-hand frustration with manual pharmacy workflows. Since emerging from stealth in 2023, she has grown the company to 60+ healthcare customers, achieved 4x year-over-year growth, and raised $76 million in total funding - including a $50 million Series B in 2025 co-led by Danaher co-founder Mitchell Rales. Named to Inc.'s 2026 Female Founders 500 list, Liu is on a mission to return time and focus to healthcare workers drowning in administrative burden.
Plenful
Plenful is a San Francisco-based AI workflow automation company building software that takes the busywork out of pharmacy and healthcare operations. Founded in 2021 by former pharmacy operator Joy Liu, the company helps health systems, specialty pharmacies, and infusion teams automate 340B audits, rebate management, prior authorization, and patient intake - work that has long been trapped in PDFs, faxes, and spreadsheets.