Truemed
Austin, US · Founded 2022 · 116 employees on LinkedIn · 6 known investors
Truemed is a platform that enables consumers to use pre-tax HSA and FSA funds to purchase health and wellness products by providing clinical review and IRS-compliant Letters of Medical Necessity. The company connects users to thousands of wellness products across fitness, supplements, sleep, and recovery categories that qualify as medically necessary healthcare expenses.
Founders & leadership
CM
Calley MeansNamed on SEC filing
Board
JM
Justin Maresin𝕏FounderHe founded the bone broth company Kettle & Fire in 2015 and co-founded Perfect Keto and the non-alcoholic wine brand Surely, and co-wrote the startup marketing book Traction. He also started HelpKitchen during the pandemic, serves as a venture partner at Long Journey Ventures, and invests in companies including Icon.
Investors · 6
Funding
SEC filings, press & company announcements$76.7M disclosed across 3 rounds · 2023–2025
- $34MSeries ADec 2025 · 6 sources
Andreessen Horowitz (lead), Bessemer Venture Partners, BoxGroup, Long Journey Ventures, Trust Ventures
Source ↗
▶$32.6MraisedMar 2025 · 5 investors · Other Health CareRule 506(b)
▶$32.6MraisedMar 2025 · 5 investors · Other Health Care
Rule 506(b)Officers, directors & promoters on the filing
- Julie YooDirector
- Justin MaresExecutive Officer, Director
- Calley MeansDirector
- Offering amount
- $34M
- Amount sold
- $32.6M
- First sale
- Feb 2025
- Incorporated
- Corporation, Delaware, 2022
- Federal exemptions
- 06b
▶$10.1MraisedJan 2024 · 78 investors · Other Health CareRule 506(b)
▶$10.1MraisedJan 2024 · 78 investors · Other Health Care
Rule 506(b)Officers, directors & promoters on the filing
- Justin MaresExecutive Officer, Director
- Calley MeansExecutive Officer, Director
- Offering amount
- $10.1M
- Amount sold
- $10.1M
- First sale
- Nov 2023
- Incorporated
- Corporation, Delaware, 2022
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Truemed went on to found or lead other companies.
Competitors · 4
by search overlap
Lively, Inc.4493 shared keywordsLively provides AI-powered customer service and support for the benefits administration industry, combining intelligent technology with human representatives to resolve employee and customer inquiries. The platform serves benefits administrators and employees seeking faster, more personalized service for health and financial benefits management.
Interactive Strength Acquires Ergatta3604 shared keywordsFidelity provides brokerage and investing services for individual retail investors, including commission-free online trading of US stocks and ETFs and fractional share purchases starting at $1. It positions itself as a personal finance and investment provider serving customers pursuing long-term financial goals.
Flex3273 shared keywordsFlex provides telehealth consultations with licensed clinicians to determine eligibility for HSA/FSA-qualified health products and services for customers with various medical conditions.
SmartAsset2503 shared keywordsFisher Investments is a global money management and financial advisory firm that provides portfolio management, financial planning, and retirement planning services primarily to high-net-worth individuals and institutional clients. The firm manages investments across equities, fixed income, and blended accounts using an active, forward-looking investment approach.
Companies competing with Truemed for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Truemed do?
- Truemed is a platform that enables consumers to use pre-tax HSA and FSA funds to purchase health and wellness products by providing clinical review and IRS-compliant Letters of Medical Necessity. The company connects users to thousands of wellness products across fitness, supplements, sleep, and recovery categories that qualify as medically necessary healthcare expenses.
- Who are Truemed's investors?
- Truemed's investors include Andreessen Horowitz, Long Journey Ventures, Bessemer Venture Partners, BoxGroup, Trust Ventures, WEEKEND.
- How much funding has Truemed raised?
- Truemed has disclosed $76.7M raised across 3 rounds.
- Where is Truemed headquartered?
- Truemed is headquartered in Austin, US.