Who is Sid Viswanathan

Sid Viswanathan is the Co-founder and President of Truepill. He graduated from Carnegie Mellon University with a Bachelor’s Degree in Mechanical and Biomedical Engineering. He then joined Johnson & Johnson, working in the medical device and pharmaceutical sectors. In 2010, Sid founded his first company, CardMunch, a business-card scanning app.

Within a year the business was acquired by LinkedIn. Sid joined the company as Product Manager and saw CardMunch named one of Time Magazine’s Best Apps of 2012. After nearly four years at LinkedIn, he was ready for his next startup venture. Through his conversations with Co-founder Umar Afridi, it became clear that the pharmacy industry was ripe for a technological revolution. In 2016 Truepill shipped its first prescription and has since expanded its services to deliver an end-to-end, direct-to-patient experience unlike anything else in the marketplace.

Sid Viswanathan was born in India, but like many successful entrepreneurs soon experienced a lot of moving and traveling around the world.

His father’s job as a computer programmer took them to the Middle East, prior to landing in the US. He ended up studying mechanical engineering at Carnegie Mellon University, in Pittsburgh.

Right after school, Sid fell into working in healthcare at Johnson & Johnson. Ironically, while he grew up with his father coding by his side, he never foresaw he would want to do that type of work. He didn’t love his first experience in healthcare either.

What is Sid Viswanathan Net Worth

Sid Viswanathan, has a net worth of $1 Billion. According to Fast Company Sid Viswanathan built and sold his first company in just one year. Now his second has grown to being valued at $1.6B, after rapid growth, and three back to back rounds of funding.

During his recent appearance on the Dealmakers Show, Viswanathan shared how terrible investor pitches can still yield great outcomes, building a business that has thrived through COVID, and selling your startup before even closing your seed round. Plus, how to close multiple funding rounds in one year, and fuel your growth with $156M in capital.

Sid made up his mind that he was going to start a company of his own.

At the time he didn’t have any software coding skills. He had very little savings. Though he vowed not to ask for anything from his parents. He wanted to prove that he could make it.

He figured his money would last longer if he moved back to India. So, he did. He hired software engineering help, learned to code, met his cofounder, and built a prototype. Equipped with this prototype he headed back to California to pitch it.

They arrived to pitch their first investor, Manu Kumar. He was pretty blunt with them. He told them that he didn’t like any of their ideas. Yet, believed they could do well working together.

He threw a stack of business cards on the table, and told them if they could figure it out, he would fund them to take on a new venture that day.

That became Cardmunch. A tool that enables you to take a picture of a business card with your phone and have it transcribed.

They grew fast, and while trying to raise their seed round, and trying to gain more API access, LinkedIn ended up acquiring them.

Sid spent the next four years living out his resting and vesting period as a product manager at LinkedIn.

It proved to be a crazy period of growth. He joined when LinkedIn was less than 1,000 people. By the time he left they had around 10,000 employees.