Data/Analytics
HealthTech

Truemed

Affordable health and wellness spending solutions

Los Angeles· 6 rolesRemote· 4 roles · Remote

CORE INFO

$70.1M
Total Funding
Series A
Round
2022
Founded
98
Team Size
Austin, Texas, United States
Headquarters

Truemed is a HealthTech company that simplifies the use of pre-tax Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) for purchasing health and wellness products. By partnering with over 3,000 merchants, Truemed integrates its platform into checkout processes, making preventive healthcare more accessible and affordable for consumers.

  • Truemed raised $34 million in its Series A funding round, led by Andreessen Horowitz, with participation from Bessemer Venture Partners and others.bloomberg.com
  • The company serves over 1 million customers, offering savings of up to 30% on qualified health and wellness purchases.truemed.com
  • Bloomberg reported on Truemed's recent funding round and its connection to the Make America Healthy Again movement.bloomberg.com

WHY WE WOULD WORK AT TRUEMED

Empower Health Choices

Join a mission-driven team dedicated to making preventive healthcare affordable and accessible through innovative solutions like HSA/FSA spending.

Rapid Growth Opportunity

Be part of a fast-growing startup that has achieved 3x year-over-year revenue growth and serves over 1 million customers.

Competitive Compensation

Enjoy a competitive salary and benefits package, including the potential for significant savings on health and wellness products.

Collaborative Culture

Work alongside a diverse team of 98 passionate individuals who are committed to transforming the health and wellness landscape.

Innovative Technology

Utilize cutting-edge technology by integrating with platforms like Shopify and WooCommerce to facilitate seamless HSA/FSA transactions.

Recognized Impact

Contribute to a company that partners with over 3,000 brands, making a tangible difference in the lives of consumers seeking healthier lifestyles.

MARKET AND TRACTION

GROWTH TACTICS

  • Truemed has achieved significant growth, serving over 1 million customers since its founding in 2022.

  • The company has experienced a remarkable 3x year-over-year revenue growth over the past two years, indicating strong market demand for its services.

  • Truemed's integration with over 3,000 merchants enhances its market presence and facilitates customer access to health and wellness products.
  • KEY METRICS

    ✦ KEY METRIC
  • Truemed has raised a total of $70.1 million in funding, with the latest Series A round of $34 million announced in December 2025.

  • The company partners with over 3,000 health and wellness brands, significantly expanding its product offerings.

  • Customers can save an average of 30% on qualified purchases made through Truemed's platform, making preventive healthcare more affordable.
  • NOTABLE CUSTOMERS

  • Truemed collaborates with prominent health and wellness brands such as Peloton, Eight Sleep, Nike Strength, and 24 Hour Fitness.

  • The partnerships with these brands allow Truemed to offer a wide range of products and services eligible for HSA/FSA spending, enhancing customer choice and satisfaction.
  • COMPETITIVE ADVANTAGE

  • Truemed's unique value proposition lies in enabling consumers to use pre-tax HSA and FSA funds for a variety of health and wellness purchases, which is not widely offered by competitors.

  • The ability to obtain a Letter of Medical Necessity (LMN) through Truemed further qualifies more products for HSA/FSA spending, setting it apart in the HealthTech market.
  • MARKET POSITION

  • Founded in 2022, Truemed has quickly established itself in the HealthTech sector, focusing on making preventive healthcare more accessible.

  • The company's mission aligns with the growing trend towards preventive health and wellness, positioning it favorably in a rapidly evolving market.
  • PRODUCT AND TECH

    HSA/FSA Payment Integration

    Truemed integrates its platform with e-commerce systems like Shopify, WooCommerce, and BigCommerce, allowing customers to use their pre-tax Health Savings Account (HSA) and Flexible Spending Account (FSA) funds seamlessly at checkout.

    Letter of Medical Necessity

    Truemed provides customers with a Letter of Medical Necessity (LMN) through its platform, enabling the purchase of various health and wellness products, such as fitness equipment and gym memberships, with HSA/FSA funds.

    Partnership Network

    With partnerships spanning over 3,000 health and wellness brands, Truemed facilitates a wide range of product offerings, ensuring customers have access to affordable preventive healthcare solutions.

    Data Security Compliance

    Truemed is SOC 2 Type II certified, demonstrating its commitment to maintaining high standards of data security and privacy for its users, which is crucial in the health tech industry.

    Customer-Centric Growth Model

    Truemed's business model focuses on empowering consumers by providing significant savings on qualified health purchases, contributing to its rapid growth and customer base expansion.

    COMPANY CULTURE

    Values

  • Empowering consumers to prioritize health and wellness

  • Commitment to affordability and accessibility in healthcare

  • Integrity and transparency in all transactions

  • Innovation in health technology solutions

  • Collaboration with partners to enhance customer experience
  • Operating Principles

  • Focus on preventive healthcare solutions

  • Utilize technology to streamline health spending

  • Foster partnerships with over 3,000 health and wellness brands

  • Maintain high standards of data security (SOC 2 Type II certified)
  • Benefits

  • Competitive salary and equity options

  • Health and wellness benefits for employees

  • Opportunities for professional development and growth

  • Flexible work arrangements to support work-life balance
  • Team Cadence

  • Regular team meetings to align on goals

  • Open communication channels for feedback and ideas

  • Monthly all-hands meetings to celebrate achievements

  • Collaborative project teams to foster innovation
  • Learning & Growth

  • Continuous learning opportunities through workshops and training

  • Encouragement of cross-functional collaboration for skill enhancement

  • Access to industry conferences and networking events

  • Mentorship programs to support career development
  • COMPENSATION SNAPSHOT

    B
    Comp score vs cohort
    vs. Data/Analytics · Series A · US
    Based on publicly available compensation ranges from job postings; exact compensation may vary.
    Engineering IC4n = 3
    $175K – $225Kmedian $200K
    Aggregate
    US-only in v1 · only categories with n > 2 shown · in-person / hybrid / remote treated separately where n ≥ 3

    HIRING SIGNAL

    10
    Open roles on their careers page
    Snapshot via live ATS poll
    —
    Net new roles in the last 90 days
    Available once weekly history accrues
    90-Day VelocityV2 · BACKFILL
    Trend builds weekly as historical rows accrue
    By Function
    Breakdown of open roles
    Other · 1
    GTM · 2
    Design · 1
    Product · 1
    Marketing · 1
    Engineering · 4
    Top Locations
    Where hiring is concentrated
    Remote-eligible postings counted separately
    Los Angeles, San Francisco, Austin
    5
    Remote
    4
    Los Angeles, CA or Austin, TX
    1
    SourcesGreenhouseLeverAshbyWorkableSmartRecruitersRipplingRecruiteeFallback · Wellfound, YC Work-at-a-Startup, careers-page scrape

    KEY COMPANY ANNOUNCEMENTS

    Filter
    13 announcements · ranked by importance
    May 28, 2026FOUNDER PROFILEHow Truemed Became a Preventive Health Powerhouseentrepreneur.com
    Dec 22, 2025FUNDINGTruemed Raises $34 Million in Series A Led by Andreessen Horowitz - Bloombergbloomberg.com
    Dec 22, 2025FUNDINGInvesting in Truemed | Andreessen Horowitza16z.com
    Dec 22, 2025FUNDINGTruemed Closes $34 Million Series A To Unlock HSA/FSA Funds For Lifestyle Interventionsprnewswire.com
    Jul 13, 2026INTERVIEW122: The Kettle & Fire Founder Is Fixing How America Pays for Health | Justin Mares, Co-Founder and CEO of Truemed - From Start-Up to Grown-Up | iHeartiheart.com
    Apr 20, 2026INTERVIEW335. Justin Mares, Co-Founder … - Fitt Insider - Apple Podcastspodcasts.apple.com
    Dec 1, 2025FOUNDER PROFILESecond Believers In Each Other: A Decade-Long Collaboration with Justin Mares — Long Journey Ventureslongjourney.vc
    Jun 10, 2025CONTROVERSYCalley Means: RFK Jr.'s MAHA warrior with a wellness company | AP Newsapnews.com
    Jun 11, 2024ESSAYThe Great American Poisoning - by Justin Mares - The Nextjustinmares.substack.com
    Jun 1, 2024ESSAYThe Great American Poisoning (and what’s causing it)justinmares.com
    Jan 1, 2024INTERVIEWCEO Corner: Truemed’s Justin Mares on HSA/FSA Funds in Fitness - Athletech Newsathletechnews.com
    Sep 18, 2023PRESSTrueMed’s payment integration platform unlocks HSA/FSA for health, not sickness | TechCrunchtechcrunch.com
    Mar 21, 2023INTERVIEW#179: Calley Means, Co-Founder of TrueMed | Fitt Insider Podcastinsider.fitt.co