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Truepill
Biotech & Life Sciences · Hayward, United States · Founded 2016
A software-powered pharmacy of the future, serving healthcare brands worldwide delivering world-class patient experiences through API-connected healthcare infrastructure MoreLess
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.
Keywords: healthcare, pharmacy, telehealth, diagnostics, prescriptions, telemedicine, chronic conditions, insurance, lab tests, U.S. market.
Company overview
Truepill company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2016
- Headquarters
- Hayward, United States
- Employees
- 331
- Open positions
- None listed
- Dealroom signal
- 64.0
- Investment activity
- 1 companies · latest Jul 2020
- Capital deployed
- $9M
- Preferred round
- SEED
Valuation & funding
Truepill 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 | — |
| SERIES COther financing | Sep 2020 | $75M | $300M | Trusted Insight · Ashton Kutcher · Sound Ventures · Optum Ventures | ↗ |
| SERIES BOther financing | Jul 2020 | $25M | $100M | Initialized Capital · Sound Ventures · Ashton Kutcher · Optum Ventures | ↗ |
| SERIES AOther financing | Mar 2019 | $10M | $40M | Initialized Capital · Y Combinator · Ashton Kutcher · Sound Ventures | ↗ |
| SEEDOther financing | Sep 2017 | Y Combinator | — | ||
| SEEDOther financing | Aug 2017 | Initialized Capital · FundersClub | — |
Growth signals
Truepill website traffic
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.
Comparisons
Truepill compared with similar companies
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Capital deployed
Truepill investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Truepill's talent
Source: Dealroom Talent Intelligence.
Investors
12 investors on Truepill's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.
Global footprint
Where Truepill has talent and traffic
team presence
In the news
Latest news about Truepill
Recent press, funding announcements, and product moves mentioning Truepill — open to read from the original sources.
Market sentiment
What the market is saying about Truepill
An AI-synthesized read of the highest-engagement posts about Truepill on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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
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