Truepill

About

Truepill provides an API-connected healthcare infrastructure designed to revolutionize the patient experience.

Hayward,California,United States
https://www.truepill.com/

Highlights

Details

Last Funding Type: Series D
Last Funding Money Raised: $142M
Industries: Health Care,Medical,mHealth,Pharmaceutical
Founded date: Jan 1, 2016
Operating Status: Active
Legal Name: Truepill Inc.

Truepill is a B2B pharmacy fulfillment service. They provide a pharmacy API and fulfillment of medications to 50 states from their own facilities. They work directly with D2C consumer brands (e.g. Hims, Nurx), digital health companies, and other healthcare organizations. They are a team of 150 employees and have raised funding from Initialized Capital, Y Combinator, Slow Ventures, Sound Ventures, Tuesday Capital, Foundation Capital, Index Ventures, Social Capital, Box Group, Joe Montana, and others.

Founded in 2016 by Umar Afridi and Sid Viswanathan, Truepill is headquartered in San Mateo, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

$255.40M

Truepill has raised a total of $255.40M in funding over 2 rounds. Their latest funding was raised on Oct 27, 2021 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 27, 2021	Series D	$142M	2	—	—	Detail
Sep 9, 2020	Series C	$75M	6	Oak HC/FT	—	Detail
Jul 8, 2020	Series B	$25M	4	Optum Ventures TI Platform Management	—	Detail
Mar 12, 2019	Series A	$10M	11	Initialized Capital	—	Detail
Aug 29, 2017	Seed	—	3	Initialized Capital	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

Truepill has made 1 investments. Their most recent investment was on Jul 8, 2020, when Ahead raised $9M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Jul 8, 2020 Ahead	Corporate Round	$9M	Health Care	Yes

Investors

Number of Lead Investors

Number of Investors

6

18

Truepill is funded by 18 investors. Oak HC/FT and Initialized Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Oak HC/FT	Yes	Series C
Initialized Capital	—	Series D
TI Platform Management	—	Series D
Kaiser Permanente	—	Series C
Optum Ventures	—	Series C
Sound Ventures	—	Series C
Y Combinator	—	Series C
Amity Ventures	—	Series A
BoxGroup	—	Series A
Foundation Capital	—	Series A