T
Truepill
A software-powered pharmacy of the future, serving healthcare brands worldwide delivering world-class patient experiences through API-connected healthcare infrastructure
About Truepill
Truepill is a healthcare infrastructure company that aims to make healthcare more accessible and affordable. Founded in 2016, Truepill serves a wide range of clients, including healthcare providers, insurers, and direct-to-consumer health brands. The company operates primarily in the U.S. healthcare market, offering a suite of services designed to modernize and streamline healthcare delivery.
Truepill's business model revolves around providing a comprehensive healthcare platform that includes pharmacy services, telehealth, and diagnostics. The company operates accredited pharmacies that can ship prescription (Rx) and over-the-counter (OTC) medications to all 50 states. They support both insurance-covered and cash payments, making it easier for patients to get the medications they need.
In addition to pharmacy services, Truepill offers telehealth solutions, enabling licensed U.S. physicians to consult with patients via asynchronous (not in real-time), video, and in-person visits. This service is available 24/7, covering a variety of specialties such as urgent care, primary care, women's health, men's health, weight loss, diabetes management, and chronic condition management.
Truepill also provides diagnostic services, offering over 3,000 tests through at-home kits, mobile phlebotomy (blood drawing), and an in-person lab testing network. These services are white-labeled, meaning they can be branded under the names of Truepill's partner organizations.
The company makes money by charging fees for its pharmacy, telehealth, and diagnostic services. These fees can come from healthcare providers, insurers, or directly from consumers. By integrating these services into a single platform, Truepill aims to create a seamless healthcare experience for patients and providers alike.
In summary, Truepill is transforming the healthcare landscape by providing a modern, integrated platform that simplifies access to medications, telehealth consultations, and diagnostic tests.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2016
- Headquarters
- Hayward, United States
- Employees
- 331
- Open positions
- None listed
- Dealroom signal
- 64.0/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, Health Platform
- Sector
- Biotech & Life Sciences, Pharmacy, Biotechnology, Tech for Patients, From Unicorn to Zebra (But No $1B Exit), Biotech and Pharma, Hard Tech, YC S17, DT and LS, science-based
- Business model
- SaaS
- Client focus
- b2c
- Investment activity
- 1 company, latest Jul 2020
- Capital deployed
- $9M
- Preferred round
- SEED
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Aug 2024 | $525M | $525M | LetsGetChecked | ↗ |
| SERIES DOther financing | Oct 2021 | $142M | $1.6B | Initialized Capital · Transpose Platform | — |
Growth signals
Latest recorded traffic for Truepill is 2.5K monthly website visits, up 47.1% over the last three months. Truepill's team declined 27.1% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Series A5 investors entered at this stage
Ashton Kutcher
Sound Ventures
Tuesday Capital
Amity Ventures
Optum Ventures
Series B and later3 investors entered at this stage
Oak HC/FT
Trusted Insight
Transpose Platform
Other known investors1 additional known investor
LetsGetChecked
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Truepill on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Truepill’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.











