Truveris Spearheads a New Era in Pharmacy Cost Containment
May 16, 2024, 9:54 am
Location: United States, New York
Employees: 51-200
Founded date: 2009
Total raised: $66.55M
Truveris, a pioneering healthcare technology company headquartered in Wilmington, Delaware, recently made waves in the industry by securing a substantial $15 million in Series E funding. This financial boost, led by prominent investors Canaan Partners and New Leaf Venture Partners, underscores Truveris' unwavering commitment to revolutionizing pharmacy cost containment and program performance on a national scale.
At the helm of Truveris is CEO Nanette Oddo, a visionary leader driving the company's mission to reduce pharmacy spend through innovative solutions. With a laser focus on creating pricing transparency and fostering healthy competition, Truveris has developed an independent, data-led tech platform that sets a new standard in the industry.
Gone are the days of traditional pharmacy procurement models for self-insured employers. Truveris offers a comprehensive suite of solutions that provide deep insights, comparative procurement analysis, 100% claims examination, and member engagement strategies. By leveraging cutting-edge technology and data analytics, Truveris empowers employers to make informed decisions that result in significant cost savings for both businesses and plan members.
In a statement following the funding announcement, Nanette Oddo expressed her enthusiasm for the future of Truveris, highlighting the company's industry-leading solutions and growth potential. She emphasized the collaborative efforts with valued business partners and clients to drive meaningful change and transform the landscape of pharmacy spend reduction.
The $15 million infusion of capital not only signifies a vote of confidence in Truveris' innovative approach but also paves the way for the company's next stage of corporate development and operational growth. With a clear vision and a dedicated team, Truveris is poised to continue its trajectory of success and make a lasting impact on the healthcare industry.
As Truveris charts a course towards reshaping the pharmacy benefits landscape, it stands as a beacon of progress and efficiency in an ever-evolving healthcare ecosystem. Through its commitment to transparency, competition, and cost reduction, Truveris is leading the charge towards a brighter, more sustainable future for employers and plan members alike.
At the helm of Truveris is CEO Nanette Oddo, a visionary leader driving the company's mission to reduce pharmacy spend through innovative solutions. With a laser focus on creating pricing transparency and fostering healthy competition, Truveris has developed an independent, data-led tech platform that sets a new standard in the industry.
Gone are the days of traditional pharmacy procurement models for self-insured employers. Truveris offers a comprehensive suite of solutions that provide deep insights, comparative procurement analysis, 100% claims examination, and member engagement strategies. By leveraging cutting-edge technology and data analytics, Truveris empowers employers to make informed decisions that result in significant cost savings for both businesses and plan members.
In a statement following the funding announcement, Nanette Oddo expressed her enthusiasm for the future of Truveris, highlighting the company's industry-leading solutions and growth potential. She emphasized the collaborative efforts with valued business partners and clients to drive meaningful change and transform the landscape of pharmacy spend reduction.
The $15 million infusion of capital not only signifies a vote of confidence in Truveris' innovative approach but also paves the way for the company's next stage of corporate development and operational growth. With a clear vision and a dedicated team, Truveris is poised to continue its trajectory of success and make a lasting impact on the healthcare industry.
As Truveris charts a course towards reshaping the pharmacy benefits landscape, it stands as a beacon of progress and efficiency in an ever-evolving healthcare ecosystem. Through its commitment to transparency, competition, and cost reduction, Truveris is leading the charge towards a brighter, more sustainable future for employers and plan members alike.