Truepill
Latest round
- Series D
Last raised
- Oct 2021
Total raised
- $280M
Investors
- 9
About Truepill
Truepill, Inc.Truepill, Inc. operates as a digital pharmacy that focuses on improving the pharmacy experience for patients and healthcare providers. Founded in 2016 in Hayward, US by entrepreneurs Sid Viswanathan and Umar Afridi, the company has successfully adapted its business strategy to leverage technology in healthcare.Truepill offers a comprehensive digital pharmacy platform designed to enhance pharmacy operations for healthcare providers and patients. Its core offerings include a B2B pharmacy solution that enables clients to build, manage, and scale their pharmacy services through APIs and a pre-built Virtual Pharmacy solution.Truepill generates revenue primarily through partnerships with healthcare organizations and B2B clients utilizing its digital pharmacy capabilities. The company engages in structured transactions involving service agreements for virtual pharmacy integration, which may include subscription-based pricing for API access and fulfillment service fees.Following its recent acquisition by LetsGetChecked for USD 25 mn in cash, with an additional USD 200 mn contingent upon revenue milestones, Truepill plans to expand its healthcare solutions from testing to treatment. The acquisition aims to foster comprehensive healthcare offerings, indicating strategic growth into related services and regions as well as leveraging the technological synergies with LetsGetChecked. Future initiatives will likely include the development of new products designed to integrate further into the healthcare ecosystem.
Who invested in Truepill
9 investors across 5 rounds
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Questions about Truepill
Who invested in Truepill?
Truepill has 9 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Truepill raised?
Truepill has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Truepill last raise money?
Truepill's most recent round on record is a Series D, in Oct 2021.
What does Truepill do?
Truepill is a healthcare it company.
Where is Truepill headquartered?
Truepill is headquartered in Hayward, US.
Which VCs invest in companies like Truepill?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Truepill's stage. Their profiles are linked below.
VCs backing healthcare it startups at Series D
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