About TrueMed
TrueMed is a company based in Helsinki (Finland) founded in 2017 by Olli Paloheimo.. TrueMed offers products and services including Digital Forensic Lab, Investigator Tools, Product Returns, and Mobile App. TrueMed operates in a competitive market with competitors including Meditect, RxAll, Saman Salamat, Veripad and LambdaBlocks, among others.
- Headquarter Helsinki, Finland
- Founders Olli Paloheimo
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Truemed Ltd
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Products & Services of TrueMed
TrueMed offers a comprehensive portfolio of products and services, including Digital Forensic Lab, Investigator Tools, Product Returns, and Mobile App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI tool for identifying suspect pharmaceutical products in forensic analysis.
Software for investigators to detect counterfeits using mobile devices.
Service for verifying returned medications against counterfeits instantly.
App that enables easy counterfeit detection via smartphone camera integration.
Funding Insights of TrueMed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by TrueMed
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TrueMed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Truemed Comparisons
Competitors of TrueMed
TrueMed operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Meditect, RxAll, Saman Salamat, Veripad and LambdaBlocks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Falsified medicines are tracked via AI and blockchain software.
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| domain | founded_year | HQ Location |
Medicines are authenticated via AI and spectrometers for pharmacy procurement.
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| domain | founded_year | HQ Location |
Delivers comprehensive medicine tracking and tracing solutions to detect counterfeit drugs.
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| domain | founded_year | HQ Location |
A digital tool for medication management tailored to healthcare providers.
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| domain | founded_year | HQ Location |
Delivers supply chain management software tailored for pharmacies to optimize inventory and distribution.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about TrueMed
When was TrueMed founded?
TrueMed was founded in 2017.
Where is TrueMed located?
TrueMed is headquartered in Helsinki, Finland.
What does TrueMed do?
TrueMed was founded in 2017 in Helsinki, Finland, within the healthcare technology sector. Cloud and AI-based solutions are utilized for detecting counterfeit medicines, enabling verification through an app that scans products. These tools support pharmacists, doctors, and nurses in confirming authenticity before administration to patients. Additional services for brand protection and training are extended to pharmaceutical companies, covering packaging and labeling processes.
Who are the top competitors of TrueMed?
TrueMed's top competitors include Meditect, RxAll and LambdaBlocks.
What products or services does TrueMed offer?
TrueMed offers Digital Forensic Lab, Investigator Tools, Product Returns, and Mobile App.