TrueMed

TrueMed

Private
Austin, TexasFinTechhttps://www.truemed.com

Last Round

Series A

Dec 22, 2025

Total Funding Raised

$70.1M

Momentum Score

25 /100

Company Overview

TrueMed is a healthcare technology company that operates a payment platform enabling consumers to use their pre-tax Health Savings Account (HSA) and Flexible Spending Account (FSA) funds for health and wellness products and services. The company partners with merchants and integrates into their checkout process, allowing customers to qualify for purchases like fitness equipment, supplements, and gym memberships by obtaining a Letter of Medical Necessity through the platform. TrueMed's mission is to make preventative healthcare more affordable and accessible.

Sector

FinTech

Verticals

Digital Payments, E-commerce, Telemedicine, Compliance

Business Model

B2B2C

Customer Profile

Payment Processing Fee

AI Layer

Non-AI

Keywords

HSA/FSA paymentspayment gatewayLetter of Medical NecessityLMNShopify integrationHSA checkoutFSA checkouthealth and wellness paymentsaccept HSA cardspractitioner networkpost-purchase reimbursementB2B2C fintechpre-tax spending

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Caplight Momentum Score

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TrueMed Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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TrueMed Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series ADec 22, 2025
Series AMar 4, 2025
SeedSep 18, 2023

Key People

Founding team and executive leadership

Justin Mares

Co-Founder and CEO

Founding Team

John Gazzini

CTO

Executive Team

TrueMed Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 20, 2026

    Partnered with NOBULL to allow HSA/FSA purchases of footwear.

  • Apr 17, 2026

    Partnered with Meta to allow HSA/FSA purchases of AI smart glasses.

TrueMed Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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TrueMed Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about TrueMed's valuation, stock price, and market status.

Firmographic Details

HeadquartersAustin, Texas
Employee Range89
Year Founded2022
Last FundingDec 22, 2025

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