Truemed: Funding, Investors & Team (Oct 2026)
TrueMed is a mechanism for payments that enables health + wellness businesses to accept HSA/FSA funds. TrueMed deployments are straightforward (official Shopify payments app/code snippets) and set up in under 30 minutes without requiring any engineering on the part of the business.
Truemed has raised $37.5M across 2 funding rounds on record, the most recent a Series A of $34.0M announced in Dec 2025.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Truemed Company Profile and Key Stats
Latest funding round on record: Dec 2025.
Truemed Funding Rounds
Truemed raised $3.5M in a Seed announced in Sep 2023.
2.3 years later, a Series A of $34.0M was announced in Dec 2025.
Truemed Founders and Leadership Team
No contact details are on record for this team yet.
Truemed Funding Compared to Other Financial Services Startups
Truemed's latest round of $34.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Truemed Funding FAQs
What does Truemed do?
TrueMed is a mechanism for payments that enables health + wellness businesses to accept HSA/FSA funds. TrueMed deployments are straightforward (official Shopify payments app/code snippets) and set up in under 30 minutes without requiring any engineering on the part of the business.
How much funding has Truemed raised?
Truemed has raised $37.5M across 2 rounds on record. The most recent is a Series A of $34.0M announced in Dec 2025.
When did Truemed last raise funding?
Truemed's most recent funding round on record is a Series A of $34.0M, announced in Dec 2025.
Who founded Truemed?
FundedIQ lists Calley Means (Founder), Justin Mares (Founder) at Truemed.
Where is Truemed headquartered?
Truemed is based in Austin, Texas, United States.
How many employees does Truemed have?
Truemed is in the 11-50 employee band.
How does Truemed's funding compare to other Financial Services startups?
Truemed's latest round of $34.0M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Truemed Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Truemed is left off this page rather than filled in.
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