# Truemed

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/truemed

- Industry: Software
- Headquarters: Austin, US
- Website: www.truemed.com
- Total disclosed funding: $33M
- Latest round: Series A (Mar 4, 2025)
- Investors on record: 5

## About

Based in Texas, US, True Medicine, Inc., trading under the name Truemed provides tax-free HSA/FSA funds for health and wellness merchants.

The company offers payment infrastructure using which health and wellness businesses can accept HSA/FSA funds. The company is collaborating with fitness and health companies including DB Method, CrossFit, and Magic Mind to boost LTV, retention, and AOV.

## Funding rounds

- Series A, Mar 4, 2025, $33M — Bessemer Venture Partners, Andreessen Horowitz, BoxGroup, Trust Ventures, Long Journey Ventures

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Series A
- Trust Ventures (https://capitalatlas.ai/funds/trust-ventures) — Series A
- Long Journey Ventures (https://capitalatlas.ai/funds/long-journey-ventures) — Series A