The 12 closest competitors and alternatives to Truemed among health tech & payments companies — ranked by similarity to what Truemed actually does, not by market-cap band.
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Truemed is a telehealth and payments platform that enables consumers to use pre-tax HSA and FSA funds for eligible health and wellness products.
Truemed is a health tech & payments company headquartered in United States. Its most recent funding round, Series A, raised $34M in December 2025. Xcout tracks 1 named person at Truemed, including Justin Mares (Founder).
Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series A | $34M | 5 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to Truemed by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Insurtech
HealthJoy, Inc. provides a digital healthcare navigation and benefits platform for employers and their employees. Its services help employees understand and use health benefits, find care and providers, and manage healthcare-related questions and costs.
Health Insurance Services
SPSanté is a third-party payment operator providing administrative and financial management services for healthcare professionals and insurance providers.
Insurance & Health Care
GreenShield Holdings LLC provides health insurance and integrated health care services for individuals, families, and businesses in Canada. The company offers personal and group coverage plans covering prescriptions, dental, vision, and mental health therapy, alongside digital pharmacy and telemedicine services.
Health Insurance
MedXoom, Inc. is a digital healthcare technology company headquartered in Atlanta, Georgia. The company provides an industry-leading digital benefits platform utilized by health plans and employers to streamline healthcare shopping, payments, and consumer navigation.
Health Insurance & Employee Benefits
NewAm Health, LLC provides alternative health care and pharmacy benefit management plans designed for employers and third-party administrators. The company focuses on reducing overall health care and prescription drug spending by ensuring employers pay only for the care their employees use.
Insurtech
Wellnecity Group, Inc. provides an operating system and real-time intervention engine designed to manage self-funded health plans. The platform unifies claims, pharmacy, and vendor data to help employers reduce healthcare costs, eliminate waste, and strengthen fiduciary oversight.
Healthcare & Financial Technology
PayForward provides an all-in-one healthcare benefits and fintech platform for health plans, featuring customizable multi-benefit flex cards and compliance management tools. The company serves health plan organizations by streamlining benefits delivery, improving member engagement, and driving operational efficiency.
Insurtech
Collective Health is a healthcare technology and benefits administration company that provides a platform for managing self-funded employer health plans. It serves employers and their employees by integrating benefits administration, claims management, care navigation, member advocacy, and related healthcare services.
Fintech
Tremendous provides a digital rewards and incentive platform that enables businesses to send gift cards, prepaid cards, cash transfers, and charitable donations globally. The platform serves organizations across various industries for use cases such as market research incentives, sales SPIFs, employee rewards, and customer payouts.
Fintech
TriumphPay is a transportation payments platform that helps automate and manage invoice payments in the freight industry. It serves freight brokers, carriers, shippers, and factoring companies by connecting participants and facilitating payment processing and reconciliation.
Health Insurance Administration
Zizzl Health provides an Individual Coverage Health Reimbursement Arrangement (ICHRA) administration platform that helps employers manage health benefits and control costs. The company serves employers and insurance brokers by designing and implementing customized health insurance programs that allow employees to choose individual coverage plans.
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