# Truveris

> Truveris is a healthcare technology company that helps employers, benefits consultants and plan sponsors buy and oversee pharmacy benefits. Founded in 2009 and based in Wilmington, Delaware, it runs a competitive procurement marketplace connecting buyers with 60-plus pharmacy benefit managers, analyzes 100% of pharmacy claims to police PBM contract performance, and layers on independent audits and member engagement tools. The company says clients typically see roughly 20% improvement on pharmacy contract costs.

- **Founded:** 2009
- **Headquarters:** Wilmington, Delaware, United States
- **Founders:** Anthony Loiacono (Co-founder & founding CEO), Justin Greene (Co-founder), Leon Greene (Co-founder)
- **Team size:** ~92-100+ employees
- **Products:** Truveris Marketplace (truBid), truGuard, truAudit, oneRx, Center of Excellence
- **Notable:** Built a procurement marketplace spanning 60+ PBMs and pharmacy providers, Grew to 800+ clients since founding in 2009, Reports average ~20% improvement on client pharmacy contract costs

## Products & services

- **Truveris Marketplace (truBid)** — A competitive procurement platform connecting plan sponsors and benefits brokers with 60+ PBMs and pharmacy providers to run objective, data-driven RFPs and secure better pharmacy contracts.
- **truGuard** — Contract oversight technology that analyzes 100% of pharmacy claims to verify PBM performance against contract terms and flag discrepancies and savings opportunities.
- **truAudit** — Independent pharmacy claims audits that check reported PBM results against actual claim-level performance.
- **oneRx** — A member-centric patient engagement solution that helps members understand and use pharmacy benefits procured through the marketplace and monitored by truGuard.
- **Center of Excellence** — In-house pharmacy expertise and advisory that supports consultants and plan sponsors through the contracting and oversight process.

## Achievements

- Built a procurement marketplace spanning 60+ PBMs and pharmacy providers
- Grew to 800+ clients since founding in 2009
- Reports average ~20% improvement on client pharmacy contract costs
- Raised $15M Series E in May 2024 led by Canaan Partners and New Leaf Venture Partners
- Selected by the State of Minnesota to optimize its pharmacy benefits program

## Latest updates

- **2024-05** — Raised $15M Series E led by Canaan Partners and New Leaf Venture Partners to expand its pharmacy benefits platform.
- **2024-03** — Promoted Garrett Fienberg (COO), Gregg DiPietro (Chief Commercial Officer) and Louise Shea (Chief Pharmacy Officer) into new C-suite roles.
- **2022-01** — Launched oneRx member engagement solution and was selected by the State of Minnesota to optimize its pharmacy program.

## Links

- Website: https://truveris.com
- LinkedIn: https://www.linkedin.com/company/truveris
- Twitter/X: https://twitter.com/truveris
- Facebook: https://facebook.com/truverisinc/

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Profile page: https://yespress.io/truveris
Published by YesPress — https://yespress.io
Last updated: 2026-07-17