When was TruMedicines founded?

TruMedicines was founded in 2010 and raised its 1st funding round 8 years after it was founded.

Where is TruMedicines located?

TruMedicines is headquartered in Sammamish, United States.

How many employees does TruMedicines have?

As of Jul 01, 2024, the latest employee count at TruMedicines is 1 - 10.

Is TruMedicines a funded company?

TruMedicines is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Sep 01, 2018.

When was the latest funding round of TruMedicines?

TruMedicines' latest funding was a $***** Grant (prize money) round on Sep 01, 2018, with participation from 1 investor. Its primary sector is Life Sciences Tech. In United States, the Life Sciences Tech sector has seen $3.44B in funding in 2026 to date.

Where does TruMedicines rank among its competitors?

TruMedicines ranks 8th amongst 23 active competitors, of which 4 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was InfraTrac, which secured $604K in Sep, 2022.

Who are the top competitors of TruMedicines?

TruMedicines' top competitors include TruTag Technologies, PharmaSecure and RxAll. Among them, InfraTrac secured the most recent funding round in September, 2022.

TruMedicines - 2026 Company Profile, Team, Funding & Competitors

Company Details

TruMedicines offers solutions and services for pharmacovigilance and drug counterfeit management. It allows Pharmaceutical companies to address the requirements of the 2013 Drug Security Act to track/trace/Authenticate drug packages. TruMedicines mobile app uses patented mobile pattern recognition to identify individual drug pills. The mobile app can GPS track in drug inventories for product recalls, reduce drug loss, expiration dates, stop counterfeit drugs, notify doctors of patient drug compliance, provide secure drug information.

Website: trumedicines.com
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Key Metrics

Founded Year

2010

Location

Sammamish, United States

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Sep 01, 2018, $*****

Investors

HHS

Ranked

8^th among 23 active competitors

Employee Count

1 - 10 as on Jul 01, 2024

Similar Companies

TruTag Technologies & 29 more

View TruMedicines' full profile

TruMedicines is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TruMedicines LLC CIN: - , United States, Active	Aug 14, 2016	-	-	-

TruMedicines has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Sep 01, 2018 for $*****. 1 investor participated in its latest round. TruMedicines has 1 institutional investor.

Here is the list of recent funding rounds of TruMedicines:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2018	3497776	Grant (prize money)	7909810	5289010	1433223	8549151

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View details of TruMedicines's funding rounds and investors

The founders of TruMedicines is David Prokop.

Here are the details of TruMedicines' key team members:

David Prokop: Founder & CEO of TruMedicines.
Contact Info: 1 email address

View details of TruMedicines's Founder profiles and Board Members

TruMedicines' employee count trend

TruMedicines has 1 - 10 employees as of Jul 24. Here is TruMedicines's employee count trend over the years:

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Top competitors of TruMedicines include TruTag Technologies, PharmaSecure and RxAll. Here is the list of Top 10 competitors of TruMedicines, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TruTag Technologies 2011, Honolulu (United States), Series D	Provider of anti-counterfeiting solutions for businesses	$64.4M	Pangaea Ventures, Presidio Ventures & 6 others	51/100
2nd	PharmaSecure 2007, New York City (United States), Series A	SMS-based medication authenticity verification platform	$7.92M	Innovation Endeavors, TSVC & 6 others	46/100
3rd	RxAll 2015, New Haven (United States), Seed	AI platform to authenticate medicines & a platform to enable pharmacy procurement	$5.35M	HAX, Katapult & 11 others	45/100
4th	Sproxil 2009, Cambridge (United States), Series A	Mobile technology to combat counterfeit products	$3.1M	Acumen, MassChallenge & 1 others	43/100
5th	InfraTrac 2006, Silver Spring (United States), Funding Raised	Light-based solutions for anti-counterfeiting, quality assurance, and controlled release	-	TEDCO, Springboard Enterprises & 3 others	29/100
6th	FarmaTrust 2017, London (United Kingdom), Funding Raised	Developer of pharmaceutical supply chain tracking and data management solutions	-	Rouge International	29/100
7th	Aegate 2004, Melbourn (United Kingdom), Unfunded	Secure authentication and traceability solutions for Pharma industry	-	-	28/100
8th	TruMedicines 2010, Sammamish (United States), Funding Raised	Drug counterfeit management	-	HHS	27/100
9th	CureTelligence 2022, Yavne (Israel), Unfunded	Developer of AI-based pill identification platform for pharmacies	-	-	24/100
10th	TraceMed 2018, Poland (United States), Unfunded	Provider of a platform for pharmaceutical wholesalers and hospitals to verify the authenticity of medicinal products	-	-	24/100