About TruMed Systems
TruMed Systems is a company based in San Diego (United States) founded in 2012.. TruMed Systems has raised $8.7 million across 3 funding rounds from investors including EvoNexus. TruMed Systems offers products and services including AccuVax, AccuShelf, and AccuSite. TruMed Systems operates in a competitive market with competitors including Sensidose, INRange Systems, Certadose, Shenzhen Bowei Medical Robot and Pilleve, among others.
- Headquarter San Diego, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Trumed Systems Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.7 M (USD)
in 3 rounds
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Latest Funding Round
$5.5 M (USD), Series B
Jan 14, 2014
- Investors
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Employee Count
Employee Count
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Products & Services of TruMed Systems
TruMed Systems offers a comprehensive portfolio of products and services, including AccuVax, AccuShelf, and AccuSite. 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.
System for secure vaccine handling with temperature control.
Platform for efficient tracking of medical supplies and medications.
Cloud-based tool for real-time inventory reporting and monitoring.
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Funding Insights of TruMed Systems
TruMed Systems has successfully raised a total of $8.7M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5.5 million completed in January 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $5.5M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2014 | Amount | Series B - TruMed Systems | Valuation |
investors |
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| Jun, 2013 | Amount | Series A - TruMed Systems | Valuation |
investors |
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| Apr, 2013 | Amount | Seed - TruMed Systems | Valuation | EvoNexus |
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| 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 |
Investors in TruMed Systems
TruMed Systems has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EvoNexus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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12-18 month incubation programs are provided for startups in California.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TruMed Systems
| 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 - TruMed Systems
| 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 |
Trumed Systems Comparisons
Competitors of TruMed Systems
TruMed Systems 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 Sensidose, INRange Systems, Certadose, Shenzhen Bowei Medical Robot and Pilleve, 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 |
Individually tailored drug doses are delivered via micro-tablets system.
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| domain | founded_year | HQ Location |
Hardware and software for remote medication management are supplied.
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| domain | founded_year | HQ Location |
Colour coded syringes for paediatric medication delivery
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| domain | founded_year | HQ Location |
Robots for healthcare are designed and manufactured.
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| domain | founded_year | HQ Location |
Platform for monitoring and screening opioid abuse
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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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Latest news on Trumed Systems
Frequently Asked Questions about TruMed Systems
When was TruMed Systems founded?
TruMed Systems was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is TruMed Systems located?
TruMed Systems is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is TruMed Systems a funded company?
TruMed Systems is a funded company, having raised a total of $8.7M across 3 funding rounds to date.
What does TruMed Systems do?
TruMed Systems was founded in 2012 in San Diego, United States, as a healthcare supply chain technology provider. Cloud-connected refrigeration and inventory management solutions, such as AccuVax, are offered for vaccine storage, handling, and dispensing in physician offices, clinics, and hospitals. AccuBax is utilized for thermal management, data capture, labor and cost efficiencies, and supply chain oversight.
Who are the top competitors of TruMed Systems?
TruMed Systems's top competitors include INRange Systems, Sensidose and ethilog.
What products or services does TruMed Systems offer?
TruMed Systems offers AccuVax, AccuShelf, and AccuSite.
Who are TruMed Systems's investors?
TruMed Systems has 1 investor. Key investors include EvoNexus.