
A pharmacy delivery problem followed Kunal Vyas from the counter to the curb. He turned the recurring mess of routes, signatures and records into RxMile - then took the platform into RedSail Technologies.
HealthGrowth Pharmacy Solutions is an Austin, Texas company that gives independent community pharmacies a single ecosystem for capital, purchasing, and advisory support. Through direct lending (HealthGrowth Capital and PharmLine credit lines), a fast-growing group purchasing organization (HGRxGenesis), health-benefit programs (HGRxPreferred), bookkeeping, valuation, and buy/sell services (HealthGrowth Transitions), the firm helps owner-operated pharmacies improve margins, access working capital, and navigate programs like 340B and LTC@Home so they can compete against national chains.
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.