Truemed Raises $34M, Aims to Make Wellness Spending Easier

Truemed, a wellness startup, secures $34M in Series A funding, led by Andreessen Horowitz. The company, which helps users spend HSA funds on wellness items, has tripled revenue for two years but isnt profitable yet. Co-founder Calley Means, a top adviser to HHS Secretary Kennedy, stepped away due to political distractions. Truemed plans to use the funds for marketing and brand awareness, aiming to make wellness spending more accessible to Americans.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.