Truveris
New York, US · Founded 2009 · Delaware corporation · 5 known investors
Truveris offers a technology platform with claims analytics and PBM (pharmacy benefit manager) oversight to reduce pharmacy benefit costs through contract optimization for employers. It combines clinicians and pharmacy contracting expertise to improve pharmacy benefit contract performance and spending.
Data & InfrastructureDigital HealthHealthtechSaaS
Founders & leadership
MF
Michael FacendolaExecutive
LS
Louise SheainChief Pharmacy Officer
SC
Somak ChattopadhyayNamed on SEC filing
AJ
Anthony Joseph LoiaconoExecutive Vice-President, Sales and Marketing
LS
Leon Stewart GreeneExecutive Vice-President, Operations
BB
Bryan BirchChief Executive Officer
SJ
Scott JohnsonNamed on SEC filing
Board
PC
Philippe ChambonBoard director
SM
BH
LG
Leon GreeneBoard director
MR
Marcia RadosevichBoard director
Investors · 5
Funding
SEC filings, press & company announcements$64.9M disclosed across 5 of 6 rounds · 2010–2024
- $15MSeries EMay 2024 · 3 sources
Canaan Partners (lead), New Leaf Venture Partners (lead)
Source ↗
▶$24.7MraisedAug 2017 · 10 investors · Other TechnologyRule 506(b)
▶$24.7MraisedAug 2017 · 10 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Michael FacendolaExecutive Officer
- Anthony LoiaconoDirector
- Matthew SimasDirector
- Brian HirschDirector
- Stephen M. BlochDirector
- Vijay LathiDirector
- Faisal MushtaqExecutive Officer, Director
- Offering amount
- $34.7M
- Amount sold
- $24.7M
- First sale
- Aug 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.5MraisedMar 2016 · 5 investors · Other TechnologyRule 506(b)
▶$2.5MraisedMar 2016 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Philippe ChambonDirector
- Stephen M. BlochDirector
- Brian HirschDirector
- Michael FacendolaExecutive Officer
- Marcia RadosevichExecutive Officer
- Leon GreeneDirector
- Offering amount
- $10M
- Amount sold
- $2.5M
- First sale
- Feb 2016
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$12.7MraisedJun 2014 · 9 investors · Other TechnologyRule 506(b)
▶$12.7MraisedJun 2014 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Stephen M. BlochDirector
- Brian HirschDirector
- Andrew MunroeExecutive Officer
- Anthony Joseph LoiaconoDirector
- Bryan D. BirchExecutive Officer, Director
- Philippe ChambonDirector
- Offering amount
- $12.7M
- Amount sold
- $12.7M
- First sale
- Jun 2014
- Incorporated
- Corporation, Delaware, 2009
- Federal exemptions
- 06b
▶$10MraisedMar 2012 · 8 investors · Other TechnologyRule 506(b)
▶$10MraisedMar 2012 · 8 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Somak ChattopadhyayDirector
- Philippe ChambonDirector
- Anthony Joseph LoiaconoDirector, Promoter, Executive Officer
- Leon Stewart GreeneExecutive Officer, Director, Promoter
- Bryan BirchExecutive Officer, Director, Promoter
- Scott JohnsonDirector
- Amount sold
- $10M
- First sale
- Dec 2010
- Incorporated
- Corporation, Delaware, 2009
- Federal exemptions
- 06
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Truveris went on to found or lead other companies.
Competitors · 7
by search overlap
Smithrx316 shared keywordsSmithRx operates a pharmacy benefits management platform that aims to reduce complexity and costs in pharmacy benefits through transparency and technology. The company serves healthcare organizations and patients navigating the U.S. pharmacy benefits system.
Definitive Healthcare265 shared keywordsDefinitive Healthcare provides a healthcare commercial intelligence platform with all-payor claims data, reference data, and analytics on hospitals, physicians, payors, procedures, diagnoses, and prescriptions. It serves life sciences companies, healthcare providers, and healthcare-adjacent businesses for market analysis, targeting, and sales and marketing efforts, with an AI-powered intelligence product announced for Winter 2026.
Kff259 shared keywordsKFF conducts public opinion polling, research, and news analysis on health care policy issues in the United States, including topics such as Medicaid, Medicare, and the ACA. It serves the public, policymakers, and media with data and reporting on national health policy.
Judi258 shared keywordsJudi Health provides technology for pharmacy and medical benefit administration, including a pass-through pharmacy benefit manager (Judi Rx), unified health benefit administration, and an enterprise health platform (Judi) for managing claims, benefits, and operations. It serves self-funded employers, municipalities, unions, hospitals, health plans, PBMs, TPAs, and health benefits brokers and consultants.
Xevant203 shared keywordsXevant offers an automated data analytics and reporting platform for pharmacy benefit organizations, using AI to standardize diverse data formats, analyze pharmacy claims, and generate reports and repricing outputs. It serves payers, PBMs, TPAs, consultants, and brokers across the pharmacy benefits ecosystem.
HealthPartners199 shared keywordsHealthPartners is a health system and health insurance organization that provides medical care and coverage while working to reduce health disparities in the communities it serves. It focuses on advancing health equity in chronic disease care, preventive screenings, and maternal and child health.
Rightway Healthcare199 shared keywordsRightway Healthcare is a pharmacy benefits manager (PBM) built by pharmacists that operates on a transparent, 100% pass-through fee model rather than profiting from rebates. The company serves employers and health systems by providing clinical care navigation, personalized member support, and cost optimization for prescription drug benefits.
Companies competing with Truveris for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Truveris do?
- Truveris offers a technology platform with claims analytics and PBM (pharmacy benefit manager) oversight to reduce pharmacy benefit costs through contract optimization for employers. It combines clinicians and pharmacy contracting expertise to improve pharmacy benefit contract performance and spending.
- Who are Truveris's investors?
- Truveris's investors include Canaan Partners, McKesson Ventures, NAV.VC, Tribeca Venture Partners, New Leaf Venture Partners.
- How much funding has Truveris raised?
- Truveris has disclosed $64.9M raised across 5 of its 6 known rounds.
- Where is Truveris headquartered?
- Truveris is headquartered in New York, US.