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December 23, 2025 - Deals
Truemed Secures $34 Million In Series A Funding Led By Andreessen Horowitz
Truemed, an Austin-based HSA/FSA marketplace for top preventive health products, recently raised $34 million in Series A funding. Founded by Justin Mares, Truemed enables people with qualifying medical conditions to use HSA/FSA funds to pay for evidence-based lifestyle interventions, including exercise, diet, and sleep programs. The platform partners with thousands of merchants and services, from Peloton and Eight Sleep to Nike Strength and 24 Hour Fitness, reflecting its mission to tackle the chronic disease crisis through accessible lifestyle solutions.
FOUNDER: Justin Mares
INVESTOR: Andreessen Horowitz
ROUND: Series A
AMOUNT: $34,000,000
HQ: #Austin #Texas
#VentureCapital #Truemed #JustinMares #AndreessenHorowitz #TradedVC
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Businesses Increase AI Spending As Anthropic Leads Adoption At 43.5%Ramp’s latest AI Index shows businesses are continuing to increase AI spending despite rising pressure from cheaper and open-source models. In July, the top 1% of businesses spent a median $7,400 per employee on AI, compared with $650 for the top 10% and $11.95 for the median firm, while Anthropic led business adoption at 43.5%, ahead of OpenAI at 39.7%.
#VentureCapital #Ramp #TradedVC