Truepill, a San Mateo, Calif.-based pharmacy fulfillment service, said it raised $13.4M in funding following a Series A funding round.
The round was led by Initialized Capital, with participation from Y Combinator, Sound Ventures, Tuesday Capital and others.
The company intends to use the funds to expand its team and fulfillment facilities across the US and enter the UK market.
Founded in 2016 by Umar Afridi and Sid Viswanathan, Truepill is a B2B pharmacy fulfillment service, which provides a pharmacy API and fulfillment of medications to 50 states from their own facilities. Its service allows healthcare brands to deliver everyday prescription medications directly to their patients nationwide.
The company currently works directly with D2C consumer brands (e.g. Hims, Nurx), digital health companies, and other healthcare organizations.
Truepill has a team of 150 employees.
FinSMEs
12/03/2019