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True Medicine announced it raised $32.6 Million in an amended filing from an offering of $34 Million
True Medicine announced it raised $32.6 Million in an amended filing from an offering of $34 Million
03/05/25, 8:05 PM
Location
Money raised
$32.6 million
Industry
information technology
Company Info
Location
1800 e 4th street
austin, texas, united states
Additional Info
TrueMed is a payments tool (think PayPal for HSA/FSA) that allows health + wellness brands to accept HSA/FSA funds.
We are partnering with leading health and wellness brands such as CrossFit, Magic Mind, and DB Method to drive increased AOV (30%+ for many leading merchants), retention (40% increase in month 2 retention) and LTV.
Our implementations are simple (official Shopify payments app/code snippets) and take less than 30 minutes to install with no engineering on the merchant's side.
Our goal is to unlock the $150B in HSA/FSA funds for wellness brands, and make it easy for customers to spend tax-free dollars on their health. We developed this company in close connection with the White House point person on HSA/FSA policy, key members of Congress and metabolic health leaders such as Dr. Mark Hyman.
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