FundedIQ
Health Care

Truepill: Funding, Investors & Team (Aug 2026)

Truepill is a B2B pharmacy fulfillment service. They provide a pharmacy API and fulfillment of medications to 50 states from their own facilities. They work directly with D2C consumer brands (e.g. Hims, Nurx), digital health companies, and other healthcare organizations. They are a team of 150 employees and have raised funding from Initialized Capital, Y Combinator, Slow Ventures, Sound Ventures, Tuesday Capital, Foundation Capital, Index Ventures, Social Capital, Box Group, Joe Montana, and others. Founded in 2016 by Umar Afridi and Sid Viswanathan, Truepill is headquartered in San Mateo, California.

www.truepill.com LinkedIn San Mateo, United States 251-500 employees
Health Care Medical mHealth Pharmaceutical
Total raised
$217M
Rounds
2
Latest
Series D
Oct 2021

Truepill has raised $217M across 2 funding rounds on record, the most recent a Series D of $142M announced in Oct 2021.

That round is above the $4.7M median round size for Health Care companies tracked on FundedIQ over the last two years.

Truepill Company Profile and Key Stats

Total funding raised
$217M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series D
$142M in Oct 2021
Employees
251-500
reported band
Headquarters
San Mateo, United States

Latest funding round on record: Oct 2021.

Truepill Funding Rounds

Date
Round
Amount
Series D
$142M
Undisclosed round
$75.0M

Truepill raised $75.0M in an undisclosed round announced in Sep 2020.

1.1 years later, a Series D of $142M was announced in Oct 2021.

Truepill Founders and Leadership Team

Name
Role
Contact
Umar Afridi
CEO
Locked

Contact details for the Truepill team: 1 of 1 has an email address on file.

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Truepill Funding Compared to Other Health Care Startups

Segment
Companies
Median round
3,653
$4.7M
29,722
$7.5M
760
$90M

Truepill's latest round of $142M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.

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Truepill Funding FAQs

What does Truepill do?

Truepill is a B2B pharmacy fulfillment service. They provide a pharmacy API and fulfillment of medications to 50 states from their own facilities. They work directly with D2C consumer brands (e.g. Hims, Nurx), digital health companies, and other healthcare organizations. They are a team of 150 employees and have raised funding from Initialized Capital, Y Combinator, Slow Ventures, Sound Ventures, Tuesday Capital, Foundation Capital, Index Ventures, Social Capital, Box Group, Joe Montana, and others. Founded in 2016 by Umar Afridi and Sid Viswanathan, Truepill is headquartered in San Mateo, California.

How much funding has Truepill raised?

Truepill has raised $217M across 2 rounds on record. The most recent is a Series D of $142M announced in Oct 2021.

When did Truepill last raise funding?

Truepill's most recent funding round on record is a Series D of $142M, announced in Oct 2021.

Who is the CEO of Truepill?

Umar Afridi is listed as CEO at Truepill.

Where is Truepill headquartered?

Truepill is based in San Mateo, California, United States.

How many employees does Truepill have?

Truepill is in the 251-500 employee band.

How does Truepill's funding compare to other Health Care startups?

Truepill's latest round of $142M is above the $4.7M median round size for Health Care companies on FundedIQ across 3,653 tracked companies over the last two years.

About FundedIQ's Truepill 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 Truepill is left off this page rather than filled in.

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