U.S.-based online healthcare startup Alto Pharmacy has completed $50 million in Series C financing.

The round was led by U.S.-based investment firm Greenoaks Capital, Zola Capital and Jackson Square Ventures, resulting Alto's total raised to $73 million.

Alto Pharmacy will use the net proceeds for its expansion plans beyond California markets.

Furthermore, Alto will also use the money raised to broaden its new therapeutic to different areas and deliver new products.