# Truveris

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

- Industry: Healthcare IT
- Headquarters: Wilmington, US
- Website: www.truveris.com
- Total disclosed funding: $69M
- Latest round: Series E (Feb 8, 2024)
- Investors on record: 8

## About

Based in Delaware, US, and founded in 2009 by AJ Loiacono, Justin Greene, and Leon Greene, Truveris, Inc., a.k.a. Truveris is a health information technology company, providing management tools to sponsors of prescription benefit plans and payers of claims. In May 2024, Truveris, Inc. raised USD 15.29 million in Series E funding co-led by Canaan Partners and New Leaf Venture Partners. The series E funding values Truveris, Inc. at USD 30.17 million post-money.

The company's core product is its comprehensive platform that integrates data analytics, automation, and clinical expertise to enhance pharmacy benefit management (PBM). This platform helps organizations and individuals navigate complex drug pricing, manage prescriptions, and ensure cost-effective medication use.

The company plans to use its proceeds from May 2024 funding to support further development and expand operational growth across employers.

## Funding rounds

- Series E, Feb 8, 2024, $15M — Canaan Partners, New Leaf Venture Partners
- Series D, Sep 6, 2017, $25M — Canaan Partners, NAV.VC, New Leaf Venture Partners, Tribeca Venture Partners, McKesson Ventures
- Series C, Feb 26, 2016, $2.5M — Canaan Partners, NAV.VC
- Series C, Jun 12, 2014, $13M — Canaan Partners, NAV.VC, First Round Capital, New Leaf Venture Partners, Tribeca Venture Partners
- Series B, Mar 19, 2012, $10M — New York State Common Retirement Fund, NAV.VC, First Round Capital, New Leaf Venture Partners, Tribeca Venture Partners
- Series A, Dec 23, 2010, $3.8M — NAV.VC, First Round Capital, GSA Venture Partners

## Investors

- NAV.VC (https://capitalatlas.ai/funds/nav-vc) — Series A, Series B, Series C, Series D
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Series A, Series B, Series C
- GSA Venture Partners (https://capitalatlas.ai/funds/gsa-venture-partners) — Series A
- New York State Common Retirement Fund — Series B
- New Leaf Venture Partners (https://capitalatlas.ai/funds/new-leaf-venture-partners) — Series B, Series C, Series D, Series E
- Tribeca Venture Partners (https://capitalatlas.ai/funds/tribeca-venture-partners) — Series B, Series C, Series D
- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series C, Series D, Series E
- McKesson Ventures (https://capitalatlas.ai/funds/mckesson-ventures) — Series D