Truemed
Austin · Founded 2022
About Truemed
Truemed provides a platform that helps customers use Health Savings Account (HSA) and Flexible Spending Account (FSA) funds for products and services that treat, mitigate, or prevent diagnosed medical conditions. The company works with a network of licensed practitioners who review eligibility and issue Letters of Medical Necessity to enable qualified purchases with pre-tax healthcare dollars. Truemed also offers a catalog of eligible products across categories like fitness equipment, sleep solutions, health tech, and supplements that can be purchased through its online marketplace. Its service model connects brands and merchants with customers seeking to apply HSA/FSA accounts to eligible health-related purchases, facilitating the verification and documentation process.
Company Facts
- Founded: 2022
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $10K – $50K
- Total funding: $37.5M
- Funding stage: Early Stage Venture
- Last round: Series A (Dec 2025)
- Website: https://www.truemed.com
Industries & Categories
Financial Services, Health Care, Marketplace, Payments, Wellness
Social Profiles
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