Photon builds a full-stack prescription infrastructure combining digital prescribing and routing infrastructure, a pharmacy network, and a consumer-facing marketplace that surfaces real-time price and stock information. The platform includes capabilities such as prior authorization and clinical decision support and relies on AI to process complex pharmacy, benefits, and formulary data in real time. Photon began in direct-to-consumer digital health and has expanded into health systems, integrating with in-house pharmacies and provider workflows. Since its founding in 2021, the company says it has helped millions of patients make more informed pharmacy decisions. Photon plans to deepen marketplace integrations and expand health system partnerships to increase in-house pharmacy utilization and reduce administrative burden across the medication journey.

Total raised

$25M

Funding rounds

2

Latest round

Series A

Latest activity

Apr 2026