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Truepill

truepill.com

Founded Year

2016

Stage

Unattributed | Alive

Total Raised

$256.06M

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+30 points in the past 30 days

About Truepill

Truepill offers an online pharmacy that provides telehealth services, patient-facing brands, and solutions for health brands, pharmaceutical manufacturers, and health plan providers. The company also offers telehealth and diagnostics services alongside the company's pharmacy service. It provides a virtual pharmacy, which serves as a white-labeled pharmacy e-commerce platform for others. It caters to the pharmaceutical sector. The company was founded in 2016 and is based in Hayward, California.

Headquarters Location

3121 Diablo Avenue

Hayward, California, 94545,

United States

833-860-1057

ESPs containing Truepill

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare / Healthcare Providers Tech

This market consists of companies that address the purchasing and delivery of prescription medications and durable medical equipment for the home.

Truepill named as Leader among 9 other companies, including Ro, Tomorrow Health, and Better Health.

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Truepill's Products & Differentiators

    Pharmacy Fulfillment

    Fulfillment of OTC, device, and prescription medications Real time visibility on the status of orders via API Scalability - currently ship 20k+ orders each day Nationwide - licensed in all 50 states + DC Strong insurance contracts - Coverage across all the major payors White label Rx fulfillment

Research containing Truepill

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Truepill in 2 CB Insights research briefs, most recently on Dec 8, 2021.

Expert Collections containing Truepill

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Truepill is included in 9 Expert Collections, including E-Commerce.

E

E-Commerce

9,879 items

U

Unicorns- Billion Dollar Startups

1,201 items

P

Pharma Supply Chain

1,359 items

D

Digital Health 150

450 items

2019's cohort of the most promising digital health startups transforming the healthcare industry

D

Diabetes

1,899 items

D

Digital Health

13,355 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

Latest Truepill News

Truepill Closes Fundraising Round to Refocus on Core Pharmacy and Accelerated Customer Growth

Nov 11, 2022

San Mateo, California, UNITED STATES SAN MATEO, Calif., Nov. 11, 2022 (GLOBE NEWSWIRE) -- Truepill , the company transforming consumer healthcare by powering first-in-kind B2B digital pharmacy experiences, recently closed a fundraising round that will position the company to invest in serving the needs of its existing customers, driving to operational excellence, and creating future growth of the company. The fundraising round is timed with Truepill’s strategy to focus on its core pharmacy business. To date, the company has seen double digit growth through its market-leading APIs and digital pharmacy experiences, powering leading health and wellness companies such as Mark Cuban Cost Plus Drugs, GoodRx, Levels, and a leading pharmaceutical manufacturer. Truepill also recently promoted Paul Greenall to the position of President. In his new role, Greenall will align customer retention and growth with expanded operational capabilities – including the company’s newest, high volume facility based in Cincinnati, Ohio. The opening of this ninth location reflects one of several investments to expand Truepill’s fulfillment network and is supported by the recent fundraising round that expands capacity for existing customers and positions the company for growth in 2023. “I’m thrilled to take on this expanded role, and to partner closely with Sid and our incredible teams to drive our next stage of growth and transformation. We are proud to power pharmacy experiences that millions of consumers interact with every day and very grateful to our investment partners for their commitment and dedication to being part of Truepill’s journey,” Greenall said. The Truepill team will be attending the HLTH conference in Las Vegas this week where Co-Founder and CEO Sid Viswanathan, will speak about the next state of B2B digital health and his vision for the future of digitally-powered consumer experiences. About Truepill: Truepill powers the future of consumer healthcare by enabling our customers to deliver modern, digital-first pharmacy experiences at scale. Truepill enables its partners to deliver convenient and accessible care and provides the building blocks needed to launch and scale world-class healthcare experiences. Founded in 2016, Truepill’s expansive suite of B2B solutions includes nationwide prescription fulfillment and delivery, white label packaging, and product design. With a nationwide network of owned and operated pharmacies and fulfillment centers, Truepill accreditations include URAC accredited mail order pharmacy, URAC accredited specialty pharmacy, NABP, Digital Pharmacy Accreditation and FDA registration. Learn more at www.truepill.com . Contact:

Truepill Web Traffic

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Page Views per Million (PVPM)
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Truepill Frequently Asked Questions (FAQ)

  • When was Truepill founded?

    Truepill was founded in 2016.

  • Where is Truepill's headquarters?

    Truepill's headquarters is located at 3121 Diablo Avenue, Hayward.

  • What is Truepill's latest funding round?

    Truepill's latest funding round is Unattributed.

  • How much did Truepill raise?

    Truepill raised a total of $256.06M.

  • Who are the investors of Truepill?

    Investors of Truepill include Initialized Capital, TI Platform Management, Y Combinator, Sound Ventures, Optum Ventures and 9 more.

  • Who are Truepill's competitors?

    Competitors of Truepill include Nimble Rx, NowRX, Alto Pharmacy, ScriptDrop, Ro, NURX, Wheel, Yaoshibang, Favor, phil and 18 more.

  • What products does Truepill offer?

    Truepill's products include Pharmacy Fulfillment and 4 more.

Compare Truepill to Competitors

Alto Pharmacy Logo
Alto Pharmacy

Alto Pharmacy provides same-day, free delivery, seven days a week for prescriptions, offering cost transparency, personalized in-app and phone support, and real-time coordination with doctors and insurance companies.

p
phil

Phil is a software therapy deployment platform, offering pharmaceutical manufacturers a modern alternative to traditional access, affordability and distribution options. Through its digital stakeholder experiences, patient access services, market access solutions and distribution models, pharma manufacturers are able to deliver affordable and timely therapy access to patients.

Ro Logo
Ro

Ro is a patient-driven telehealth company that puts patients in control of their health. The company builds technology to make healthcare accessible, affordable, and enjoyable. Ro powers three digital health clinics: Roman for men’s health, Rory for women’s health, and Zero for fighting smoking cessation. It also operates Ro Pharmacy, a simple and affordable online pharmacy where every generic medication is $5 per month. Ro’s nationwide network of physicians and pharmacies provides a personalized, end-to-end healthcare experience from online treatment to the delivery of medication and ongoing care. The company was founded in 2017 and is based in New York, New York.

Remedi Seniorcare Logo
Remedi Seniorcare

Remedi SeniorCare delivers comprehensive pharmacy services, pharmacy consulting, and data management services to nursing homes, assisted living, and continuing care retirement communities. The business is committed to helping these organizations achieve outstanding care, financial strength, and medication safety. Remedi combines their culture of caring with real-world pharmacy services and best-in-class technology to give organizations more time and resources and help them focus on caring for their residents.

Kit Check Logo
Kit Check

Kit Check provides cloud based and Internet of Things (IoT) hospital pharmacy kit processing and medication tracking software which replaces time consuming and error prone manual processes for hospital medication handling.

Y
Yaoshibang

Yaoshibang is an operator of mobile apps that allow patients to order and receive medicine from pharmacies directly, with guaranteed next-day delivery in major cities.

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