Today, 90%+ of healthcare spend (all $4.5T of it) goes towards treating chronic conditions after someone is sick.
Less than 3% of that spend goes towards prevention.
@Truemed exists to get more people investing in True Medicine. Exercise, food, supplements, movement, sleep, toxin removal… lifestyle interventions that help people treat and prevent disease, not just treat the symptoms of underlying sickness.
We’re building tools that allow qualified individuals to unlock the $160B in tax-free HSA/FSA funds, and use them on these root-cause interventions.
Since launching just 2.5 years ago, we’ve helped almost a million individuals pay for these interventions, and we’re just getting started.
If we want to fix healthcare in America, we fundamentally have to help Americans get healthier.
I’m extremely proud to announce our $34M Series A led by a16z, and am excited to continue our work to end the chronic disease crisis.
Today, we are eliminating fees on Roll Up Vehicles.
Three months ago, we launched RUVs to startups. Since then over 300 companies have raised $75M+ from operators, angels, and customers. A few trends have emerged: (1/7)
1/ Introducing Roll Up Vehicles, a way for founders to efficiently raise from up to 250 angels with a single line on the cap table https://t.co/tExTclexlK
If you have been bothered by news of violence against Asian folks in America recently, this is the story is for you. This woman is the hero we all need.