Queue Raises $12.6M for Robotic Pharmacy

Queue, a Palo Alto-based startup, has emerged from stealth with its fully autonomous robotic pharmacy system, designed to transform prescription dispensing, verification, and delivery. The company announced an oversubscribed $12.6 million seed round led by Kevin P. Ryan, bringing its total funding to $18.6 million, including a previous $6 million pre-seed round led by VSR Ventures Private Limited. Additional investors include House Capital, VSR Ventures Private Limited, VSR Ventures Private Limited, and Banter Capital. Queue's system operates autonomously, taking sealed wholesale pill bottles and producing filled, verified prescription vials, supporting 250-280 of the most prescribed medications in the United States. The company claims its system can deliver medications at up to 96% lower cost than traditional pharmacies and aims to address critical issues like labor shortages, cost pressures, and pharmacy deserts in the American healthcare system. Queue has already secured a major national pharmacy chain as a customer and deployed a working prototype. The funding will be used to accelerate product development, expand deployments, and grow its engineering team. Co-founded by CEO Nick Desai and CTO Josh Liu, Queue is positioning autonomous prescription fulfillment as a new infrastructure layer for American healthcare.