Truveris, a pharmacy benefit management platform provider, has raised USD 15 million in a Series E funding round co-led by Canaan Partners and New Leaf Venture Partners. This brings the total funds raised by the company to USD 69 million.
The funds raised will be used to accelerate the next phase of the company's development and expand operations across US employers.
Truveris provides software solutions to drive transparency, accessibility, and affordability in the pharmacy benefits sector. The company provides tools and services that help employers, health plans, and unions manage and optimize pharmacy benefit programs. Truveris' platform offers data analytics and pricing algorithms to analyze drug prices and claim data, aiming to reduce costs and improve outcomes for plan sponsors and their members.
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