Truemed, a marketplace and payments platform that helps eligible consumers use HSA and FSA funds for preventive health purchases, has raised $34M in Series A funding to scale a marketplace and payments platform that unlocks HSA/FSA spending for evidence-based preventive and lifestyle health interventions. The company differentiates by solving compliance and eligibility issues through clinician-led medical-necessity workflows, which allow consumers to direct tax-advantaged funds toward products for chronic, early-stage conditions such as heart disease, mental health, and metabolic health. With 3x year-over-year revenue growth and backing from Andreessen Horowitz, Truemed is positioned as infrastructure for shifting U.S. healthcare spending from reactive treatment to proactive, consumer-driven prevention.
Truemed Closes $34 Million Series A to Unlock HSA/FSA Funds for Lifestyle Interventions
