Truepill
AcquiredYC S17San Francisco, US · Founded 2017 · Delaware corporation · 1,300 employees · 10 known investors
TruePill provides a digital pharmacy platform that enables healthcare organizations and pharmacies to launch branded, customized pharmacy services with insurance and payment processing capabilities.
Digital HealthHealthtechSaaSConsumer Health ServicesUnited States of AmericaAmerica / CanadaFully Remote
Founders & leadership· Y Combinator alumni (S17)
Truepill was founded in 2017 by Umar Afridi, Sid Viswanathan, and Siddarth Viswanathan.
UA
Umar Afridiin𝕏Co-founder and CEO2016–2022Umar Afridi is building an AI-powered platform for telehealth, pharmacy, and diagnostics operations that integrates via API.
SV
Sid ViswanathaninCo-Founder & CEO2022–2023
SV
Siddarth ViswanathanCo-founder
Board
EW
Eric WoerschingBoard director
Investors · 10
Amity VenturesSan Francisco · $1M – $5M
CrunchFundvia Michael Arrington · inferred
FundersClubSan Francisco · $250K – $5M
Optum VenturesBoston
Tuesday CapitalSan Francisco
Y CombinatorSan Francisco · $500K
Initialized Capitalreported · 2 sourcesSan Francisco · $1M – $5Mvia Garry Tan · quoted
Oak HC/FTreportedStamfordvia Annie Lamont · board
Sound VenturesreportedSanta Monicavia Ashton Kutcher · inferred
TI PlatformreportedNew York
Reported raises · per SEC filings
Form D private placements$307.5M disclosed across 4 rounds · 2019–2023
▶$66.2MraisedSep 2023 · 14 investors · Other Health CareRule 506(b)
▶$66.2MraisedSep 2023 · 14 investors · Other Health Care
Rule 506(b)Officers, directors & promoters on the filing
- Larry RenfroDirector
- Annie LamontDirector
- Paul GreenallExecutive Officer, Director
- Daniel SimkinExecutive Officer
- Offering amount
- $107M
- Amount sold
- $66.2M
- First sale
- Aug 2023
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$142.5MraisedOct 2021 · 9 investors · Other Health CareRule 506(b)
▶$142.5MraisedOct 2021 · 9 investors · Other Health Care
Rule 506(b)Officers, directors & promoters on the filing
- Alex BangashDirector
- Mohammad Umar AfridiExecutive Officer, Director
- Garry TanDirector
- John M. PrinceDirector
- Siddarth ViswanathanExecutive Officer, Director
- Ann LamontDirector
- Offering amount
- $150M
- Amount sold
- $142.5M
- First sale
- Oct 2021
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$75.5MraisedSep 2020 · 10 investors · Other Health CareRule 506(b)
▶$75.5MraisedSep 2020 · 10 investors · Other Health Care
Rule 506(b)Officers, directors & promoters on the filing
- Ann LamontDirector
- Mohammad Umar AfridiExecutive Officer, Director
- Alex BangashDirector
- Garry TanDirector
- Siddarth ViswanathanDirector
- Offering amount
- $76M
- Amount sold
- $75.5M
- First sale
- Aug 2020
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$23.3MraisedDec 2019 · 6 investors · Other Health CareRule 506(b)
▶$23.3MraisedDec 2019 · 6 investors · Other Health Care
Rule 506(b)Officers, directors & promoters on the filing
- Siddarth ViswanathanDirector
- Mohammad Umar AfridiExecutive Officer, Director
- Eric WoerschingDirector
- Offering amount
- $25.7M
- Amount sold
- $23.3M
- First sale
- Dec 2019
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
4 people who came through Truepill went on to found or lead other companies.
Competitors · 7
by search overlap
Carbon Health10 shared keywordsCarbon Health operates a chain of clinics offering urgent care, primary care, and chronic condition management, combining technology with in-person care to provide broader access to health services. It serves patients seeking everyday healthcare across acute, primary, and chronic needs.
Fuze Health10 shared keywordsFuze Health operates a unified digital healthcare platform spanning digital pharmacy (FuzeRx), clinical services such as diagnostics, screening and genetics (Fuze Services), and data and technology tools (Fuze Technologies). It works with healthcare partners including prescribers and pharmaceutical manufacturers to support patient access, engagement, and care throughout the treatment lifecycle.
Elion9 shared keywords
Howdy.com8 shared keywordsHowdy.com connects US technology companies with software engineers across Latin America who operate within US business hours, and provides recruitment, equipment, benefits administration, and office space management to support distributed engineering teams.
Digital7 shared keywordsDigital.Health is a clinician-curated discovery platform where clinicians, health systems, and consumers find, compare, and select digital health solutions. It offers structured company and product listings that feed its comparison engine, recommendation system, and AI-enabled search for buyers in active evaluation.
Telecareaware7 shared keywordsTelecare Aware is a news and analysis site covering the digital health, telehealth, and health technology industry, reporting on funding rounds, mergers and acquisitions, and industry developments. It serves readers following the health tech sector globally.
Seamless6 shared keywordsSeamless.AI is a real-time search engine and sales intelligence platform that finds and verifies B2B prospect contact data, automates outreach, and books meetings. It serves revenue teams including sales leaders, SDRs, account executives, RevOps, and marketing.
Companies competing with Truepill for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Truepill’s latest funding boosts valuation to $1.6B as it works on B2B side of healthcare – TechCrunchtechcrunch.com · Oct 2021
Truepill (YC) Raises $25M to Expand Telehealth Offeringsforbes.com · Jul 2020Frequently asked questions
- What does Truepill do?
- TruePill provides a digital pharmacy platform that enables healthcare organizations and pharmacies to launch branded, customized pharmacy services with insurance and payment processing capabilities.
- Who founded Truepill?
- Truepill was founded by Umar Afridi, Sid Viswanathan, Siddarth Viswanathan in 2017.
- Who are Truepill's investors?
- Truepill's investors include Amity Ventures, CrunchFund, FundersClub, Optum Ventures, Tuesday Capital, Y Combinator, Initialized Capital, Oak HC/FT and 2 more.
- How much funding has Truepill raised?
- Truepill has disclosed $307.5M raised across 4 rounds.
- Where is Truepill headquartered?
- Truepill is headquartered in San Francisco, US.