Full-Time

Director of Pricing & Monetization Strategy

Posted on 8/28/2024

Truveta

Truveta

201-500 employees

Healthcare data platform for research analytics

Data & Analytics
Biotechnology
Healthcare

Compensation Overview

$181k - $250kAnnually

+ Incentive Pay + Stock Options

Senior

Seattle, WA, USA

Hybrid model with in-person attendance required for one week during the year.

Category
Strategy Development
Business Development
Business & Strategy
Requirements
  • MBA preferred, showing interest and dedication to the art.
  • 3+ years of experience in pricing and monetization, ideally in SaaS / data businesses. Experience in high-growth and fast-paced start-ups preferred.
  • Understanding of ecosystem creation, market expansion, economic markets, finance instruments, and principles.
  • Strong analytical skills with ability to interpret complex data and develop innovative solutions for leading-edge SaaS pricing models.
  • Ability to drive innovation and identify new revenue opportunities.
  • Ability to influence and be a team player that rolls up their sleeves at the pace of a high-growth start-up.
Responsibilities
  • Lead the company by developing a robust monetization strategy to drive an ecosystem of growth
  • Drive a programmatic pricing and packaging approach that aligns with business goals, market trends, and product positioning, leveraging leading edge thinking in economics and community pricing models
  • Regularly analyze competitor pricing strategies, market trends, and customer buying behavior to identify opportunities and challenges
  • Drive pricing updates / refreshes based on analysis and market signals
  • Define pricing and packaging approach for new product enhancements and features ensuring highest value for customers and optimizing for growth /expansion
  • Drive a pricing and revenue framework for selling and distribution through partners / resellers
  • Drive thinking around ROI and value estimation to support account upsell and expansion strategies

Truveta provides a platform that allows researchers to access and analyze patient data to enhance patient care and study the safety and effectiveness of treatments. The platform, known as Truveta Studio, offers immediate and compliant access to patient-level data, which is updated daily and sourced from over 30 health systems, covering more than 100 million patients across the United States. This data helps researchers explore various healthcare issues, such as the impact of the pandemic on child development and the importance of monitoring blood pressure during pregnancy. Truveta differentiates itself from competitors by offering a cost-effective model where users only pay for the data and analytics they utilize, addressing common challenges like high costs and slow access to insights. The company's goal is to facilitate scientific research in healthcare and life sciences, ultimately improving patient outcomes.

Company Stage

Late Stage VC

Total Funding

$189.7M

Headquarters

Seattle, Washington

Founded

2020

Growth & Insights
Headcount

6 month growth

2%

1 year growth

12%

2 year growth

34%
Simplify Jobs

Simplify's Take

What believers are saying

  • Truveta's partnership with Panalgo accelerates insights through integrated regulatory-grade EHR data.
  • The mother-child EHR dataset positions Truveta as a leader in maternal health research.
  • Truveta's real-world EHR data enables valuable drug comparisons ahead of clinical trials.

What critics are saying

  • Data privacy concerns may arise from expanding datasets with sensitive information.
  • Rapid community expansion could strain resources and affect data quality.
  • Non-peer-reviewed studies may expose Truveta to criticism on scientific rigor.

What makes Truveta unique

  • Truveta offers the most comprehensive EHR data from over 100 million patients.
  • Truveta Studio provides cost-effective, compliant access to patient-level data and analytics.
  • Truveta's AI extracts complex clinical concepts from unstructured data, enhancing research capabilities.

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Benefits

Competitive Compensation

Comprehensive Benefits

401(k)

Professional Development

Work/Life Autonomy

Flexible Time Off

Generous Parental Leave

Team Activities

INACTIVE