Fundraising Fox
Truemed
Austin, US · Founded 2022 · 116 employees on LinkedIn · 6 known investors
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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
Board
Investors · 6
How we know: a16z's portfolio · a partner's Signal profile · board seat on SEC Form D · funding news · prnewswire.com · Not right? Tell us
How we know: funding news · prnewswire.com · boxgroup.com · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Long Journey Ventures's portfolio page · prnewswire.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: prnewswire.com · Not right? Tell us
How we know: prnewswire.com · the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
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)
- 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)
- 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
3 people who came through Truemed went on to found or lead other companies.
Related companies · 3
Companies working in the same space as Truemed.
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, BoxGroup, Long Journey Ventures, Bessemer Venture Partners, 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.