Truveris Secures $15 Million in Series E Funding Through Canaan Partners and New Leaf Venture Partners
Summary
The funding will support Truveris next stage of corporate development and operational growth as it continues to deliver best-in-class pharmacy benefit solutions to employers nationwide. Truveris proprietary technology platform replaces traditional PBM (pharmacy benefit manager) contracting and renewal models. We will continue to evolve the Truveris platform, and together with our valued business partners and clients, will transform and reduce pharmacy spend for employers and their plan members. Vijay Lathi, Managing Director at New Leaf Venture Partners, added, There has never been more attention placed on PBM practices and the impact on pharmacy costs as there is right now. Truveris has built the only independent, data-led, tech platform that creates complete PBM pricing transparency and drives competition to reduce costs for employers.
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