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Founded Year

2016

Stage

Unattributed - II | Alive

Total Raised

$322.24M

Last Raised

$66.18M | 6 mos ago

Revenue

$0000 

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

+50 points in the past 30 days

About Truepill

Truepill provides an online pharmacy platform. The company offers telehealth and diagnostics services delivering its patients through its application programming interface (API) driven healthcare infrastructure. Truepill was formerly known as PostMeds. 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

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ESPs containing Truepill

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

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare & Life Sciences / Digital Pharmacy Tech

The full-service virtual pharmacy market provides a convenient and accessible way to access prescription medications and healthcare services remotely, eliminating the need for in-person visits to traditional pharmacies. Through virtual platforms, individuals can consult with healthcare professionals, manage their prescriptions, receive medication reminders, and access comprehensive pharmacy servic…

Truepill named as Highflier among 13 other companies, including TELUS, CVS Health, and Mark Cuban Cost Plus Drug Company.

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

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Research containing Truepill

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

CB Insights Intelligence Analysts have mentioned Truepill in 3 CB Insights research briefs, most recently on Jul 14, 2023.

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 5 Expert Collections, including E-Commerce.

E

E-Commerce

10,700 items

Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).

U

Unicorns- Billion Dollar Startups

1,229 items

D

Digital Health 50

450 items

The most promising digital health startups transforming the healthcare industry

D

Digital Health

10,804 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

T

Telehealth

2,856 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

Latest Truepill News

Lilly launches online service for home delivery of weight loss drug

Jan 4, 2024

The new program, dubbed LillyDirect, will help patients connect with telehealth providers and deliver medicines like the company’s obesity treatment Zepbound. Published Jan. 4, 2024 An Eli Lilly logo is seen on the side of a building in November 2021. jetcityimage via Getty Images Dive Brief: Eli Lilly wants to make it easier for people to access its medicines for obesity, diabetes and migraine, announcing Thursday the launch of a website designed to support home delivery of drugs like its in-demand weight loss treatment Zepbound. The company’s new service, dubbed LillyDirect, relies on online pharmacy providers like Eversana and Truepill to deliver prescribed Lilly medicines. A website provides access to telehealth services through which people can consult with an independent physician. If prescribed a Lilly medicine, LillyDirect is also meant to help patients more easily access the company’s savings cards. LillyDirect currently supports 14 of the pharmaceutical company’s medicines , 12 of which are various formulations and types on insulin. Notably, the service also offers Zepbound, which the FDA approved for weight loss in November , and Lilly’s migraine medicine Emgality. Dive Insight: Lilly is testing out a new kind of drug delivery model with its program, aiming to help patients connect with physicians and then support them in obtaining any treatments that get prescribed. The program could also help patients access Lilly savings programs meant to defray out-of-pocket costs, such as what the company has rolled out for insulin . Zepbound costs $1,059 per month at list price, but Lilly has said that people who are commercially insured but don't have coverage for the drug could be eligible to pay as little as $550 per month . LillyDirect debuts at a time when Zepbound and a rival therapy from Novo Nordisk, Wegovy, are in such high demand that both developers have had trouble making sufficient supplies. The companies are also trying to battle the availability of compounded versions of their products, something the Food and Drug Administration is paying attention to as well. Alongside the announcement of its new program, Lilly also released an “ open letter ” saying that Zepbound, as well as another version of the drug approved for diabetes, should not be used for “cosmetic weight loss.” “We are aware of certain practices relating to our tirzepatide medicines that we wish to address publicly to ensure that our medicines are prescribed and used safely,” Lilly wrote in its letter, using the name of the active drug ingredient used in both Zepbound and the diabetes formulation, called Mounjaro. The company also warned of safety risks that could be present when using compounded versions of tirzepatide, some of which Lilly tested and found “high amounts of impurities.” In one case, Lilly said, a compounded version of its drug was actually just sugar alcohol. Lilly said it is taking legal action against medical spas, wellness centers and compounding pharmacies that sell products purported to contain tirzepatide. The new online program Lilly launched Thursday could also help the company have better oversight of the supply chain for products like Zepbound. Notably, Mounjaro is not listed as offered through LillyDirect. Recommended Reading

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 - II.

  • How much did Truepill raise?

    Truepill raised a total of $322.24M.

  • Who are the investors of Truepill?

    Investors of Truepill include Mark Cuban, Initialized Capital, Transpose Platform, Y Combinator, Sound Ventures and 13 more.

  • Who are Truepill's competitors?

    Competitors of Truepill include ScriptDrop, Alto Pharmacy, Medly, Nimble, NowRX and 7 more.

  • What products does Truepill offer?

    Truepill's products include Pharmacy Fulfillment and 4 more.

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Compare Truepill to Competitors

Alto Pharmacy Logo
Alto Pharmacy

Alto Pharmacy is a digital pharmacy. The company offers services such as prescription delivery, access to care specialists, and support with insurance. It primarily serves individuals who require medication. It was formerly known as ScriptDash. It was founded in 2015 and is based in San Francisco, California.

Nimble Logo
Nimble

Nimble provides pharmacy and prescription management solutions. The company offers services that make getting prescriptions easier for both pharmacists and patients, including prescription filling, refilling, payment, and management, as well as scheduling for delivery or in-store pickup. It primarily serves the healthcare industry. Nimble was formerly known as Nimble Pharmacy. It was founded in 2015 and is based in Redwood City, California.

Capsule Logo
Capsule

Capsule is a company that focuses on the healthcare and technology sectors, specifically within the pharmacy industry. The company offers a service that delivers prescriptions to customers on the same day, and allows them to manage their medications from their phone. Capsule primarily serves the healthcare industry. It was founded in 2015 and is based in New York, New York.

P
Phil

Phil operates as a patient access platform. It helps patients find and access life science products, including prescription drugs, medical devices, biologics, and more. It provides patients to manage their prescriptions, including refilling prescriptions, tracking their medication history, and getting notifications about upcoming refills. It was founded in 2015 and is based in San Francisco, California.

Blink Health Logo
Blink Health

Blink Health operates as a digital health company. The company's main service includes a cloud-based pharmacy platform to allow patients to access prescription medications at the lowest possible price, with the option for home delivery or local pharmacy pickup. The company primarily serves the healthcare industry. It was founded in 2014 and is based in New York, New York.

ExactCare Pharmacy Logo
ExactCare Pharmacy

ExactCare Pharmacy is a national medication management and pharmacy care provider, operating in the healthcare sector. The company offers comprehensive long-term pharmacy services, focusing on medication management for individuals with chronic conditions, who take multiple prescription medications, and receive care from multiple providers. ExactCare primarily serves the healthcare industry, including assisted living and long-term care facilities, healthcare organizations, and home health. It was founded in 2009 and is based in Cleveland, Ohio.

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