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True Medicine Inc.
Truemed operates a marketplace and payment platform that allows consumers to use pre-tax Health Savings Account (HSA) and Flexible Spending Account (FSA) funds for health and wellness products. The company partners with brands across fitness, supplements, sleep, and recovery, utilizing licensed clinicians to evaluate dual-purpose purchases for medical necessity and issue Letters of Medical Necessity (LMNs).
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True Medicine Inc. at a glance
True Medicine Inc. is a healthtech company headquartered in United States. It has raised at least $76.7M across the 3 funding rounds on record. Its most recent funding round, Series A, raised $34M in December 2025. Xcout tracks 5 named people at True Medicine Inc., including Justin Mares (CEO). Xcout recorded 5 job postings from True Medicine Inc. in the last 90 days.
True Medicine Inc. leadership
- Justin MaresCEO
- Justin MaresFounder
- Justin MaresExecutive Officer
- Calley MeansDirector
- Julie YooDirector
True Medicine Inc. funding rounds
At least $76.7M raised across the 3 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series A | $34M | 1 named | |
| SEC Form D filing | $32.6M | — | |
| SEC Form D filing | $10.1M | — |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Hiring at True Medicine Inc.
Xcout recorded 5 job postings from True Medicine Inc. in the last 90 days, from a hiring record Xcout has kept since August 2026.
The weekly hiring trend, the roles and locations behind it — see True Medicine Inc.'s hiring signals →
Investors
Tech stack
True Medicine Inc. competitors
A few of True Medicine Inc.'s closest competitors — see the full list of competitors and alternatives →
Zero Card, Inc. operates a healthcare platform that provides consumers with zero-out-of-pocket medical services, supported by personal health assistants for care coordination. For self-funded employers, the company offers a bundled-payment marketplace designed to lower healthcare costs and remove financial barriers to care. Additionally, it streamlines administration and payment processes for healthcare providers.
Valenz Health provides healthcare navigation, cost transparency, and member engagement solutions for self-insured employers, health plans, third-party administrators, and brokers. Its offerings include tools like Valenz Bluebook for comparing provider costs and quality, pharmacy benefit management, clinical engagement, and payment integrity services designed to lower plan spend and improve health outcomes.
Paytient is a healthcare-fintech company that provides employer-sponsored Health Payment Accounts, allowing employees to pay eligible medical expenses upfront and repay the amount over time through payroll deductions without interest. It serves employers and their workers seeking to make out-of-pocket healthcare costs more manageable.
XP Health provides a modern enterprise vision program and benefits platform for employers. The company offers an online eyewear store with thousands of styles, in-app prescription renewals, and virtual try-on features designed to reduce vision care costs and save time for employees and their families.
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More on True Medicine Inc. in Xcout Intel
- 5 named people with titles, LinkedIn and board committees
- 3 funding rounds with the investors in each, and who they co-invest with
- Weekly hiring history and the mix of roles behind it
- The full competitor set, tracking, exports and API access