SHORTList
AI/ML
HealthTech

Truemed

Affordable healthcare through HSA/FSA funds

Los Angeles· 6 rolesRemote· 1 role · Remote

CORE INFO

$34M
Total Funding
Series A
Round
2022
Founded
98 employees
Team Size
Austin, Texas, United States
Headquarters

Truemed is a healthcare technology company that enables consumers to use their pre-tax Health Savings Account (HSA) and Flexible Spending Account (FSA) funds for health and wellness products and services. By partnering with merchants, Truemed integrates into checkout processes, allowing customers to qualify purchases like fitness equipment and supplements through a Letter of Medical Necessity (LMN).

  • Truemed recently raised $34 million in a Series A funding round led by Andreessen Horowitz.prnewswire.com
  • The company has experienced 3x year-over-year revenue growth for the past two years.finsmes.com
  • Truemed partners with over 3,000 brands, including Peloton and Nike Strength.truemed.com

WHY WE WOULD WORK AT TRUEMED

Empower Preventive Health

Join a mission-driven team focused on making preventive healthcare affordable and accessible through innovative use of HSA/FSA funds.

Rapid Growth Opportunities

Experience rapid career advancement in a company that has achieved 3x year-over-year revenue growth and serves over 1 million customers.

Collaborative Culture

Work alongside a diverse team of 98 passionate individuals dedicated to transforming health and wellness through technology.

Competitive Compensation

Benefit from a competitive salary and the potential for significant savings on health and wellness products through our platform.

Innovative Technology

Be part of a cutting-edge healthcare technology platform that partners with over 3,000 brands, including Peloton and Nike Strength.

Impactful Work

Make a real difference in people's lives by promoting healthier lifestyles and enabling access to tax-advantaged funds for wellness products.

MARKET AND TRACTION

GROWTH TACTICS

✦ KEY METRIC
  • Truemed has achieved 3x year-over-year revenue growth for the past two years, indicating strong market demand and effective business strategies.

  • The company focuses on partnerships with over 3,000 brands to enhance its product offerings and customer reach, including notable names like Peloton and Nike Strength.

  • By integrating its platform into merchant checkout processes, Truemed simplifies the use of HSA/FSA funds for health and wellness purchases, driving customer engagement and retention.

    • KEY METRICS

    ✦ KEY METRIC
  • Truemed has served over 1 million customers since its founding in 2022, showcasing its rapid adoption in the market.

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

  • The company has raised a total of $70.1 million across funding rounds, with the latest being a $34 million Series A led by Andreessen Horowitz.

    • NOTABLE CUSTOMERS

  • Truemed partners with over 3,000 brands in the health and wellness sector, enhancing its credibility and product variety.

  • Key partnerships include well-known brands such as Peloton, Eight Sleep, Nike Strength, and 24 Hour Fitness, which attract a diverse customer base.

  • These partnerships enable Truemed to offer a wide range of products eligible for HSA/FSA funding, appealing to health-conscious consumers.

    • MARKET POSITION

  • Truemed positions itself in the FinTech sector, focusing on digital payments and e-commerce for health and wellness products.

  • The company's mission to make preventive healthcare more accessible aligns with growing consumer interest in health and wellness, positioning it favorably in the market.

  • By leveraging tax-advantaged funds for lifestyle interventions, Truemed differentiates itself from traditional healthcare solutions, appealing to a proactive consumer base.

    • SERVICES

  • Truemed's platform allows consumers to utilize pre-tax HSA and FSA funds for a variety of health and wellness products and services.

  • The service includes obtaining a Letter of Medical Necessity (LMN) to qualify purchases like fitness equipment, supplements, and gym memberships.

  • By simplifying the process of accessing tax-advantaged funds, Truemed promotes healthier lifestyles and preventive healthcare initiatives.

    • PRODUCT AND TECH

    HSA/FSA Payment Integration

    Truemed's platform enables consumers to utilize their pre-tax Health Savings Account (HSA) and Flexible Spending Account (FSA) funds for health and wellness purchases, making preventive healthcare more affordable and accessible.

    Letter of Medical Necessity (LMN)

    The platform facilitates the qualification of purchases through a Letter of Medical Necessity (LMN), allowing customers to access tax-advantaged funds for fitness equipment, supplements, and gym memberships.

    Partnership Network

    Truemed has established partnerships with over 3,000 brands, including notable names like Peloton and Nike Strength, to integrate their products into the Truemed checkout process, enhancing consumer access to health-related products.

    Preventive Healthcare Focus

    Truemed's mission centers on promoting preventive healthcare by empowering individuals to invest in evidence-based lifestyle interventions, ultimately driving a shift towards healthier living.

    Customer Savings Model

    Customers using Truemed's platform save an average of 30% on qualified purchases, demonstrating the financial benefits of utilizing HSA/FSA funds for health and wellness products.

    COMPANY CULTURE

    Values

  • Commitment to preventive healthcare

  • Empowering individuals to invest in their health

  • Accessibility and affordability in health solutions

  • Collaboration with diverse partners for holistic wellness

  • Innovation in healthcare technology

    • Operating Principles

  • Customer-centric approach to service delivery

  • Transparency in operations and funding usage

  • Evidence-based decision-making for product offerings

  • Continuous improvement through feedback and data analysis

  • Fostering a culture of inclusivity and support

    • Benefits

  • Competitive salary and equity options

  • Health and wellness benefits, including gym memberships

  • Flexible work arrangements to promote work-life balance

  • Opportunities for professional development and training

  • Supportive team environment focused on collaboration

    • Learning & Growth

  • Regular training sessions on healthcare technology trends

  • Mentorship programs for career advancement

  • Encouragement of innovative thinking and problem-solving

  • Access to industry conferences and networking events

  • Commitment to personal and professional development

    • Team Cadence

  • Weekly team meetings to align on goals

  • Monthly all-hands meetings to share company updates

  • Regular feedback sessions to foster open communication

  • Collaborative project-based work to enhance teamwork

  • Celebrations of team achievements and milestones

    • HIRING SIGNAL

    7
    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
    Data · 1
    Other · 1
    GTM · 2
    Design · 1
    Support · 1
    Marketing · 1
    Top Locations
    Where hiring is concentrated
    Remote-eligible postings counted separately
    Los Angeles, CA or Austin, TX
    3
    Los Angeles, San Francisco, Austin
    3
    Remote
    1
    SourcesGreenhouseLeverAshbyWorkableSmartRecruitersRipplingRecruiteeFallback · Wellfound, YC Work-at-a-Startup, careers-page scrape

    KEY COMPANY ANNOUNCEMENTS

    Filter
    4 announcements · ranked by importance
    Dec 23, 2025FUNDINGTruemed Raises $34M in Series A Fundingfinsmes.com
    Dec 22, 2025FUNDINGTruemed Closes $34 Million Series Atruemed.com
    Dec 22, 2025FUNDINGTruemed Closes $34 Million Series A To Unlock HSA/FSA Funds For Lifestyle Interventionsprnewswire.com
    Jul 7, 2026PRESSAbout Truemed | Use HSA/FSA on Eligible Health Purchasestruemed.com