Truepill Exit Candidate

Employees 300+
Primary contact

🏦 Potential exit path: SPAC, IPO
Truepill is the digital health platform connecting telehealth, diagnostics, and pharmacy to power the future of consumer healthcare. Founded in 2016, the company's expansive suite of customizable, direct-to-patient solutions includes nationwide prescription fulfillment and delivery, a US-based network of licensed telehealth providers, an at-home lab testing network, white label packaging, product design and more. With seven owned and operated pharmacies, Truepill accreditations include URAC accredited mail order pharmacy, URAC accredited specialty pharmacy, NABP and Digital Pharmacy Accreditation.
Select partners: Oscar Health, Cerebral, Levels, American Airlines, United Airlines, SimpleHealth, Hims & Hers, Humana, GoodRx.
Employees 300+
Primary contact

Funding πŸ’°

Total πŸ¦„ $255.4M
Last round πŸ”— $142M
Series D
October 27, 2021.
Select investors Optum Ventures, Oak HC/FT, Kaiser Permanente, Initialized Capital, TI Platform Management, Sound Ventures, Y Combinator

Key people πŸ§‘β€πŸ€β€πŸ§‘

Highlights ⭐

  • Truepill works with many of the world's largest healthcare organizations - from health plans and health providers, to pharma manufacturers. πŸ”—
  • Since the company's founding in 2016, Truepill has seen exponential demand for its consumer healthcare platform. When COVID-19 fundamentally disrupted the healthcare industry, the need for digital experiences soared and Truepill’s growth accelerated at an unprecedented rate. πŸ”—
  • In 2019, Truepill was featured in the Forbes "Next Billion-Dollar Startup" list. πŸ”—
  • During 2021, the company has shipped nearly 10 million prescriptions, processed nearly one million diagnostic tests and facilitated over 50,000 telehealth visits per week.
  • "Truepill's technology has enabled a broad range of companies with telehealth, diagnostics, and pharmacy fulfillment solutions to deliver the best quality care and reimagine how consumers experience healthcare. We are proud to support Truepill's mission to accelerate healthcare's much-needed digital transformation, allowing companies to build innovative, accessible healthcare programs that address inefficient systems across the entire industry." - Said Garry Tan, founder and managing partner at Initialized Capital πŸ”—
Last update: December 28, 2021