About Classic Air Medical
Classic Air Medical is a company based in North Salt Lake (United States) founded in 1988 was acquired by Intermountain Healthcare in April 2021.. The company has 1 employees as of December 31, 2022. Classic Air Medical offers products and services including Air Medical Charter Service, Ground Ambulances, and Neonatal Critical Care. Classic Air Medical operates in a competitive market with competitors including AMR, AirMedCare Network, MedWay Air Ambulance, Angel MedFlight and PHI, among others.
- Headquarter North Salt Lake, United States
- Employees 1 as on 31 Dec, 2022
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Classic Air
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1
as on Dec 31, 2022
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Acquired by
Intermountain Healthcare
(Apr 13, 2021)
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Products & Services of Classic Air Medical
Classic Air Medical offers a comprehensive portfolio of products and services, including Air Medical Charter Service, Ground Ambulances, and Neonatal Critical Care. 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.
Provides air-based patient transport with critical care support.
Offers land-based medical transport for patients.
Delivers advanced care for newborn patients during transport.
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Funding Insights of Classic Air Medical
| 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 Classic Air Medical
Classic Air Medical has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Intermountain Healthcare. 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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Healthcare services are delivered through integrated hospital networks.
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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 Classic Air Medical
| 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 - Classic Air Medical
| 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 |
Classic Air Medical Comparisons
Competitors of Classic Air Medical
Classic Air Medical 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 AMR, AirMedCare Network, MedWay Air Ambulance, Angel MedFlight and PHI, 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 |
Air ambulance services are provided for emergency medical transport.
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Provides emergency air and ground ambulance services through memberships.
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| domain | founded_year | HQ Location |
Provider of medical transportation services
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| domain | founded_year | HQ Location |
Air ambulance services are provided for medical transport needs.
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| domain | founded_year | HQ Location |
Holographic imaging devices are manufactured by PHI in Boston.
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| domain | founded_year | HQ Location |
Air ambulance services are provided by Life Link III.
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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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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 Classic Air Medical
Frequently Asked Questions about Classic Air Medical
When was Classic Air Medical founded?
Classic Air Medical was founded in 1988.
Where is Classic Air Medical located?
Classic Air Medical is headquartered in North Salt Lake, United States. It is registered at North Salt Lake, Utah, United States.
How many employees does Classic Air Medical have?
As of Dec 31, 2022, the latest employee count at Classic Air Medical is 1.
What does Classic Air Medical do?
Classic Air Medical was founded in 1988 and is headquartered in North Salt Lake, United States. Operations focus on the healthcare sector, where air medical transport services are delivered to facilitate rapid patient transfers. These services encompass helicopter and fixed-wing aircraft for emergency medical evacuations, primarily serving regions across the United States. The company maintains a fleet and trained personnel to ensure compliance with aviation and medical standards.
Who are the top competitors of Classic Air Medical?
Classic Air Medical's top competitors include PHI, MedWay Air Ambulance and AMR.
What products or services does Classic Air Medical offer?
Classic Air Medical offers Air Medical Charter Service, Ground Ambulances, and Neonatal Critical Care.
Who are Classic Air Medical's investors?
Classic Air Medical has 1 investor. Key investors include Intermountain Healthcare.